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For five years, the land lay unutilised, with the government receiving no revenue.
Lulu Group seeks buyers for Marriott.
LuLu Group set to unveil its 1st mall in Hyderabad on September 27
Visakhapatnam authority to auction prime 13-acre land
This would create employment or approximately 50,000 individuals.
Comes ahead of the Global Investors Summit to be held in Lucknow.
The acquisition of land for this project is nearing completion.
Lulu Group has invested Rs.70 billion in the construction of five shopping malls in India.
The company is currently building malls in Kerala.
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