Malabar Builders is planning to develop a township project in Mangalore, Karnataka.
The company is likely to invest around Rs 500 crore for the township project slated to come up on 32 acre. It will have around 1,000 apartments and the project is likely to be completed by 2014. Besides, the company is planning develop a 7,00,000 sq ft shopping mall in Thiruvananthapuram with an investment of Rs 200 crore, another shopping mall in Kollam and a township at Thrissur, Kerala.