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HiLITE Builders Private Limited is planning a new commercial complex-cum-multiplex development In Marutharode, Palakkad, Kerala. The project is anticipated to begin in 2026 and will be constructed on a 4,7-acre parcel of land. The complex will feature a commercial district, a theatre with 1,500 seats, and food courts/restaurants with 700 seats.
The cost of the project is 160 Crores. This initiative is a significant improvement for the Palakkad neighbourhood, as it will provide residents with a new and contemporary shopping, entertainment, and dining destination. Additionally, the endeavour is anticipated to generate new jobs and stimulate the local economy. This initiative will be a valuable asset to the community of Palakkad, so I am eager to see it succeed.
As of September 2023, The project is now in the stage of construction being started the work on the project will be finished in 2024, 2025 or 2026 It has been decided to hire a local contractor.
News by Rahul Yeligetti
