LG lays foundation stone for Rs 250 crore Mall at Sempora, says first 'direct foreign investment in J&K'

Srinagar, Mar 19: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha Sunday laid the foundation stone for the first direct foreign investment project at Sempora area of Srinagar where a mega-mall will come up at the whopping Rs 250 crore. Talking to reporters on the sidelines of the function, the LG said that today is the historic day for the J&K as the United Arab Emirates (UAE) based EMAAR Group has decided to invest Rs 250 Crore to set up a …