lodha world tower
General information :
✓Status
On hold
✓Type
Residential
✓Location
Lower Parel
Town or city
Mumbai
Country
India
✓Coordinates
19°00′08.9690″N 72°49′27.5005″E
✓Construction started
2011
✓Cost
US$321 million
✓Owner
Lodha Group
✓Height
✓Architectural
442 m (1,450 ft)[1]
✓Tip
442 m (1,450 ft)[1]
✓Top floor
442 m (1,450 ft)
(Floor 119)
✓Observatory
304.8 m (1,000 ft)[1]
Technical details :
✓Material
Composite
✓Floor count
119 above ground
2 below ground
✓Floor area
750,000 m2 (8,072,933 sq ft)
✓Lifts/elevators
12
✓Grounds
7.1 ha (17.5 acres)
✓Design and construction
Architect
✓Pei Cobb Freed & Partners
Developer
Lodha Developers
✓Structural engineer
Leslie E. Robertson Associates
✓Main contractor
Arabian Construction Co. & Simplex and Muscovite Group
Other information :
✓Number of units
290
✓Website
www.world-one.in
World One was being built at an estimated cost of over US$321 million. Construction began in 2011. As of September 2018 the project is stalled at 285m due to height restrictions near Mumbai Airport
World One's architect is Pei Cobb Freed & Partners, the structural engineer is Leslie E. Robertson Associates & MEP engineer is Buro Happold Engineers. The whole project i.e. The World Towers consists of three towers. There were two construction civil contractors involved: Arabian Construction Co. and Simplex (World One), Muscovite Group (World Crest, World View).
History
The Lodha Group purchased the 7.1-hectare (17.5-acre) site of the defunct Shrinivas Mill in Lower Parel, Mumbai from Shrinivas Cotton in 2005. In June 2010, The Economic Times reported that the Lodha Group had secured over ₹10 billion (US$140 million) from Singapore funds GIC and Temasek, and a property fund of mortgage giant HDFC, and intended to develop property on the Shrinivas Mill site. In 2010, the developer announced the project to construct the World One at the site of the defunct mill. The Lodha Group would also construct the World View and the World Crest, on the same site, as part of the project. World One initially faced opposition from the Directorate General of Civil Aviation (DGCA) over security concerns related to the height of the building.World One was built at an estimated cost of over US$321 million. The interiors of the tower were designed by Giorgio Armani, and includes a swimming pool, gym and health club, cricket pitches and a pavilion.The 117 storey tower contains 290 apartments, some of which overlook the Arabian Sea.
The contract to construct World One was awarded to a joint venture between UAE-based Arabian Construction Company and Simplex Infrastructure. Construction on World One began in 2011.By December 2014, about 75% of civil construction on the project had been completed. By June 2015, 70% of the tower was complete, with 83 floors having been built.
Apartments at World One start at ₹150 million (US$2.1 million) for a 3BHK.The Lodha Group opened bookings for apartments at World One on 29 November 2011. When the first round of bookings closed on 14 December 2014, Lodha had received ₹5 billion (US$70 million) worth of bookings, at an approximate rate of over ₹70,000 (US$980)–₹80,000 (US$1,100) per sq ft. The tower is composed of 3 and 4 BHK apartments.Lodha began offering apartments at World One for sale in London in February 2015. The company hired London estate agent, Wetherell Estates, to market and sell homes in the tower. Lodha particularly hoped to target high net worth Indians living in Mayfair, London.
HDFC Property Fund invested ₹500 crore to acquire a 10% stake in the World Towers project in 2010. The firm exited the project in October 2016, earning a return of triple their investment. In September 2016, Piramal Fund Management Pvt. Ltd invested ₹2,320 crore in the World Towers project.
The developer failed to obtain approval from Airports Authority of India for 501.33 m (1,645 ft) height in 2010 and 453.29 m (1,487 ft) height in 2015, so as of 2018 World One still has approval for 285.06 m (935 ft) height only (approximately 76 floors).
World View and World Crest Edit
There are 2 other towers under this project:
World View:
The World View is an 82-floor residential tower with a height of 291 metres. The construction of building has begun.
World Crest: The World Crest is a 60 floor residential tower with a height of 223 metres. Construction on the tower began in 2011, and was completed in 2017.
Controversy
Several construction projects in Mumbai by The Lodha Group currently face considerable public ire on grounds of questionable construction practices, public safety, and misrepresentation of the areas being sold to customers. The Lodha Group has tried to fight this through legal gag orders and defamation policies on digital platforms, but has found only limited success
Challenge
As the World One tower sets a new precedent for construction in India, a key challenge for the Buro Happold team was to work on the super high rise construction, where local codes were inadequate due to the nature of the design.
Using passive design and building service strategies that were a first for India, we realised a project that reflects Mumbai’s progressive outlook.
Solution
We combined our extensive international experience with local knowledge and practices to build a base for the building services design that resulted in solutions that met international requirements and best practices without diluting local requirements.
Our design team incorporated a number of innovative building services solutions. Water and energy efficient design measures included the use of 100% waste water treatment and recycling (Net Zero Discharge), solar water heating, situating meter rooms on each floor to reduce voltage drop, high level transformers, a gravity fed water supply system, rainwater harvesting and using building structural steel for lightening protection. As these systems go beyond services usually seen in Indian construction, we worked closely with local authorities to demonstrate the benefits of this approach, and to show that our designs meet the very best in international standards.
Value
Our work on this project will contribute to the realisation of India’s premier residential development, which represents the very best in state of the art engineering and architectural design. The striking curved form of the glass and steel towers of The World Towers, Mumbai will reach high above the surrounding buildings, providing an iconic landmark addition to the Mumbai skyline, reflecting the city’s progressive and ambitious outlook.
Photogallery :
Comments
Post a Comment