stanley pinto tnn mangalore after a gap of four years two big malls are coming up in the coastal city of mangalore this is expected to change the shopping experience of people in the coast from kasargod in kerala to karwar in uttara kannada district with an investment of about rs 1000 crore and a thousand plus jobs in the retail sector between them these two malls will usher in economic prosperity in the region while forum mall at pandeshwar will be opened in a month lotus mall at kulshekar is slated to start functioning in another 12 months they will share between them 95 of the 200 top international brands barring premium ones at present city centre and bharath mall in the city offer less than 10 of the international brands ajantha shetty md and ceo lotus shopping centre said shoppers will get the same experience as in a metro like bangalore or mumbai this is our regional centre and it will cater to the people in a radius of 150 km to 200 km from the northern parts of kerala to karwar as of now people in kasargod have to travel to kochi and mangaloreans to bangalore to get an international shopping experience they will get the same experience in the city once the large format malls open here these two malls between them will have about six large anchor brands that will squat on large spaces of more than 20000 sq ft to 40000 sq ft anchor brands are a crucial draw to any mall the major anchors in mangalore at present are lifestyle westside pantaloon in retail and auchan big bazaar kfc and pizza hut in food service prestige group ceo retail raghunandan said forum mall will not only cater to mangalores population but also people in udupi manipal and karwar we will have a large mall here like the one we have in bangalore and are confident of getting good footfalls as we create unique experience we have finished most of the work and we are ready we will open as soon as our tenants are ready this should happen in a few weeks said raghunandan while forum has a gross leasable area gla of 650000 sq ft lotus is the biggest in the coast at 825000 gla the malls will have six and nine screen cineplexes taking the total number of screens available in the city to 24 by stanley pinto tnn published on jan 18 2014 at 0136 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etretail