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The R.P. Group of NRI businessman, Mr Ravi Pillai, is planning to make investments of around Rs 1,000 crore in the hospitality sector in various parts of India in the current financial year.
Mr Ravi Pillai, Chairman of the Group, said here on Friday that Kerala would be one of the main destinations for the investments as the State has a huge market potential in the tourism sector and also other industries. He was talking to newsmen in connection with the opening of his latest venture R.P. Mall in the city.
R.P. Mall opens
Explaining the main features of the 16-storied mall, he said there are facilities like multiplex theatre, food court, spa, conference hall, party space and a four-star hotel.
The multiplex theatre complex, the first-of-its-kind in the Malabar region, is slated to be ready within one month and it will have six screens. Online booking and spa facilities will be the added attractions of the theatre complex.
The first four floors of the building will be reserved for housing branded showrooms, while the four-star business hotel with 74 rooms will occupy the rest of the floors. An array of showrooms of branded products has already started functioning in the mall.
The basement parking area will be able to accommodate more than 100 vehicles. Apart from this, a 10-storied building for multi-level parking of vehicles was also part of the future plan, Mr Pillai said.
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