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India’s first green mall to open in Kerala today

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Thiruvananthapuram | Published: March 23, 2018 2:45:45 AM

The Rs 10,000-crore Malabar Group is set to unveil on Friday a mall in the state’s capital, described as India’s first green mall, harnessing a slew of environment-friendly initiatives. In its first phase, Mall of Travancore (MOT) incurred a cost of about Rs 400 crore.

india first green mall, kerala, Swachh Bharat, Mall of TravancoreAccording to him, the thrust on environment-conservation has made the project a tad costlier than it would have been otherwise.

The Rs 10,000-crore Malabar Group is set to unveil on Friday a mall in the state’s capital, described as India’s first green mall, harnessing a slew of environment-friendly initiatives. In its first phase, Mall of Travancore (MOT) incurred a cost of about Rs 400 crore. “Work on the second phase would start soon and will be complete by 2020,” says MP Ahammed, chairman, Malabar Group. “As much as 5% of the income generated would go to charity,” he says.

According to him, the thrust on environment-conservation has made the project a tad costlier than it would have been otherwise. MOT is envisaged to give direct employment to 2,000 people and indirect employment to 1,000 people. In a visual representation of the green initiatives, about 70% of the facade of MOT is covered with a vertical garden. Besides, the mall complies with the Swachh Bharat certification and the zero waste international alliance certification, he added.

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