The city of glitz and glamour, Mumbai is gearing up to see world’s tallest residential tower with 117 storeys on 17 acres. Mumbai based real estate builders, Lodha Developers will release Rs.2,000 crores to construct the residential skyscraper in Lower Parel area of the city.
The World One project would not only cash in on the continually rising housing prices but would also be an iconic tribute to Mumbai. By launching this project in the financial capital of India, Lodha Builders are expected to surpass the current tallest residential tower in India constructed by Shapoorji Pallonji. Their twin towers, Imperial Heights are 249 metres or 60 storeys each located at Tardeo. Not only will it outdo India’s but world’s tallest residential building in Australia, Q1 building in Gold Coast at 323 metres and 78 floors.
Lodha building at 442 metres high is planned to contain 276 luxury apartments. It includes luxury villas with private pools, a high end shopping mall and an office building.
The homes in Lodha building aim at tapping the realty demand among billionaires priced at more than 10 million dollars. The project of such phenomenal magnitude could be available for none other than high net worth individuals at premium prices. This is sure to be a symbol of the arrival of India on the global stage and a landmark exemplifying the spirit of Mumbai to soar higher.
Lodha Group has been creating realty benchmarks by first offering a record-breaking bid of over Rs 4,000 crore for a six-acre plot in Wadala barely a fortnight ago. And, now the prestigious residential project expected to complete in 2014 is competing with Dubai’s Pentominium Tower. Developed by Trident International Holdings at 516 metres high, the long delayed project is announced to be finished by 2013.
The World One project would not only cash in on the continually rising housing prices but would also be an iconic tribute to Mumbai. By launching this project in the financial capital of India, Lodha Builders are expected to surpass the current tallest residential tower in India constructed by Shapoorji Pallonji. Their twin towers, Imperial Heights are 249 metres or 60 storeys each located at Tardeo. Not only will it outdo India’s but world’s tallest residential building in Australia, Q1 building in Gold Coast at 323 metres and 78 floors.
Lodha building at 442 metres high is planned to contain 276 luxury apartments. It includes luxury villas with private pools, a high end shopping mall and an office building.
The homes in Lodha building aim at tapping the realty demand among billionaires priced at more than 10 million dollars. The project of such phenomenal magnitude could be available for none other than high net worth individuals at premium prices. This is sure to be a symbol of the arrival of India on the global stage and a landmark exemplifying the spirit of Mumbai to soar higher.
Lodha Group has been creating realty benchmarks by first offering a record-breaking bid of over Rs 4,000 crore for a six-acre plot in Wadala barely a fortnight ago. And, now the prestigious residential project expected to complete in 2014 is competing with Dubai’s Pentominium Tower. Developed by Trident International Holdings at 516 metres high, the long delayed project is announced to be finished by 2013.
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