Indian jewellery group, Joyalukkas is diversifying into real estate sector. The real estate sector will be managed by Joyalukkas Lifestyle Developers. Currently, the group operations include jewellery, fashion and silks – Jolly Silks, Luxury Air charter- Joy Jets, exchange, malls, and electronics.
Joy Alukkas, Chairman, Joyalukkas Group, said “We are setting up a 22-storeyed 156 apartment project at nearby Vazhakala, Kochi, with an investment of about Rs 300 crore.”
The group, which has 85 jewellery showrooms spread across 10 countries, including the UK, the UAE, Oman and Qatar, has over 10 million customers and employs over 6,000 people.