Jammu & Kashmir is witnessing a significant influx of tourists. In fact, the gorgeous valley recorded the highest tourist footfall in the last 7 years with a total of 1,27,605 tourists in just November of last year. With unique safari tours, winter festivals and magical snowfall beckoning tourists, Jammu & Kashmir is on everyone’s bucket list. To add to the tourism developments, Srinagar is all set to get a swanky mall built by the world’s tallest building, Burj Khalifa developer, Emaar Properties.
Emaar Properties To Build Massive Shopping Mall In Srinagar
Dubai-based realty firm Emaar Properties revealed on January 3 that it will soon develop a massive shopping mall in Jammu & Kashmir’s Srinagar. The 5-lakh square feet shopping mall is expected to be a swanky endeavour since it will be built by the developers responsible for the world’s tallest building, Burj Khalifa. The Dubai and Jammu & Kashmir governments signed a memorandum of understanding to facilitate investments into this ambitious project.
Jammu & Kashmir To Get More Ambitious Tourism Projects In Future
Emaar revealed in a statement that this will be the first major FDI investment in the union territory. According to Financial Express, the Consul General of India in Dubai, Aman Puri stated that Jammu & Kashmir has curated an attractive investment landscape. He added that they look forward to more projects in the near future that will generate more employment opportunities. Well, until you visit Srinagar, go on a virtual tour with our Chief Editor Kamiya Jani.