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Who laid the foundation stone for a ₹250-crore mega shopping mall at Srinagar's Sempora area?
A)
Jitendra Singh
B)
Amit Shah
C)
Manoj Sinha
D)
Kaiwalya Trivikram Parnaik

Correct Answer :   Manoj Sinha


Jammu and Kashmir (J&K) lieutenant governor Manoj Sinha on Sunday (19th March 2023) laid the foundation stone for a ₹250-crore mega shopping mall at Srinagar’s Sempora area to be constructed by Dubai-based Emaar Group, calling it the first “foreign direct investment” in the Union territory.

* Later in the day, Sinha also participated in the India-UAE investor meet at the Sher-i-Kashmir International Conference Centre (SKICC) on the banks of Dal Lake in Srinagar.

* This is a new dawn of limitless possibilities. We are taking forward (Prime Minister) PM Narendra Modi ji’s vision for development of J&K, Sinha said.

* Mall of Srinagar will have transformative impact on UT and boost infrastructure, employment generation and ease of living.

* Sinha also performed the bhoomi pujan of the mall, which will which will be constructed over an area of 10 lakh (1 million) square feet and is expected to be completed by 2026. Set to be one of the largest malls in the region, the complex will have more than 500 shops.

* For the first time, foreign direct investment (FDI) has happened in J&K by Emaar Group,” he said. “This mall will be constructed at a cost of ₹250 crore.

* The United Arab Emirates (UAE)-based Emaar Properties, an integrated real estate development company, will invest ₹500 crore in J&K, the LG said.

* Land has been given adjacently for an IT tower, which will be inaugurated next month,” he said. “An IT tower will also be constructed at a cost of ₹150 crore in Jammu..

Source : Hindustan Times

Published On : March 20, 2023
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