World One
World One | |
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![]() World One, World View and World Crest | |
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Record height | |
Tallest in India from 2020 to 2023[I] | |
Preceded by | Lodha The Park |
Surpassed by | Lokhandwala Minerva |
General information | |
Status | Completed[1] |
Type | Residential Skyscrapers |
Address | Shankar Rao Naram Path, Lower Parel |
Town or city | Mumbai |
Country | India |
Coordinates | 19°00′08″N 72°49′35″E / 19.0023°N 72.8265°E |
Groundbreaking | 23 July 2010 |
Construction started | 7 May 2011 |
Completed | 2020[2] |
Opened | 2020[3] |
Cost | US$321 million |
Owner | Lodha Group |
Height | |
Architectural | 280.2 m (919 ft)[4] |
Technical details | |
Material | Steel / Reinforced Concrete |
Floor count | 76 above ground 2 below ground |
Lifts/elevators | 18 |
Grounds | 7.1 ha (17.5 acres) |
Design and construction | |
Architect(s) | Pei Cobb Freed & Partners |
Developer | Lodha Developers |
Structural engineer | Leslie E. Robertson Associates |
Main contractor | Arabian Construction Co. & Simplex and Muscovite Group |
Website | |
www |
World One is a 280.2 m (919 ft), 76-floor skyscraper in Mumbai, Maharashtra, India.[5] As of 2024, it is the second tallest completed building in India and the third tallest overall.[6] It is on the 7.1-hectare (17.5-acre) site of the defunct Shrinivas Mill. The site also houses two other towers: World View and World Crest.[7] The complex was developed by the Lodha Group.
World One was built at an estimated cost of over US $321 million. Construction began in 2011, and was initially said to be 442 m (1,450 ft) tall.[8] However, the developer failed to obtain approval from the Airports Authority of India for that height; the project was then stalled for a few years.[9] Following the delay, the project was redesigned to the current height and completed.[10]
World One's architect is Pei Cobb Freed & Partners, the structural engineer is Leslie E. Robertson Associates[11] & MEP engineer is BuroHappold Engineering. The whole project consists of three towers. There were two construction civil contractors involved: Arabian Construction Co. and Simplex (World One), Muscovite Group (World Crest, World View).[12]
History
[edit]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.[13][14][15][16] In June 2010, The Economic Times reported that the Lodha Group had secured over ₹10 billion (US$120 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.[14] In 2010, the developer announced the construction of the World One tower at the site of the defunct mill. The Lodha Group would also construct the World View tower and the World Crest tower, on the same site, as part of the project.[17] World One initially faced opposition from the Directorate General of Civil Aviation (DGCA) over security concerns related to the height of the building.[17] World One was built at an estimated cost of over US$321 million. The interior of the tower was designed by Giorgio Armani, and includes a swimming pool, gym and health club, cricket pitches and a pavilion.[18] The 117-storey tower would have contained 290 apartments, some overlooking the Arabian Sea.
The contract to construct World One was awarded to a joint venture of the UAE-based Arabian Construction Company and Simplex Infrastructure.[19] Construction on World One began in 2011.[20] By December 2014, about 75% of civil construction on the project had been completed.[17] By June 2015, 70% of the tower was complete, with 83 floors having been built.[18]
Apartments at World One start at ₹150 million (US$1.8 million) for a 3BHK[clarification needed].[21] The Lodha Group opened bookings for apartments at World One[22] on 29 November 2011. When the first round of bookings closed on 14 December 2014, Lodha had received ₹5 billion (US$60 million) worth of bookings, at an approximate rate of over ₹70,000 (US$840)–₹80,000 (US$960) per sq ft. The tower is composed of 3 and 4 BHK[clarification needed] apartments.[17] 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.[23]
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.[24][25] In September 2016, Piramal Fund Management Pvt. Ltd invested ₹2,320 crore in the World Towers project.[26]
The developer failed to obtain approval from Airports Authority of India for 501.33 m (1,645 ft) height in 2010 and 442 m (1,450 ft) height in 2015, so as of 2018 World One still has approval for 285.06 m (935 ft) height only (approximately 76 floors).[9] The project was redesigned for that height.[10]
World View and World Crest
[edit]There are two other towers under this project:
- World View: a 73 floor skyscraper with a height of 277.6 m (911 ft). Construction of the tower began in 2015, and was completed in 2020.[27] As of 2024, the tower is the 5th tallest building in India.
- World Crest: a 57 floor skyscraper with a height of 222.5 m (730 ft). Construction of the tower began in 2011, and was completed in 2017.[28]
Gallery
[edit]-
The World Towers
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The World Towers
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The World Towers at night
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World One and World Crest
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World One
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World View
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World Crest
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World One and World Crest at dusk
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World One, World View and World Crest
See also
[edit]- List of tallest buildings in India
- List of tallest buildings in Mumbai
- List of tallest structures in India
- List of tallest buildings and structures in the Indian subcontinent
- List of tallest buildings in different cities in India
- List of tallest structures in the world
- List of tallest buildings in Asia
- List of tallest residential buildings
- List of buildings with 100 floors or more
References
[edit]- ^ "World One". Emporis. Archived from the original on 22 December 2015.
{{cite web}}
: CS1 maint: unfit URL (link) - ^ "World One". CTBUH Skyscraper Center. Retrieved 21 May 2023.
- ^ "World One, Mumbai". skyscraperpage.com. Retrieved 6 January 2022.
- ^ "World One – The Skyscraper Center". skyscrapercenter.com. Retrieved 24 May 2021.
- ^ "Media Kit.cdr" (PDF). Archived from the original (PDF) on 10 May 2019. Retrieved 16 July 2010.
- ^ "The Skyscraper Center". www.skyscrapercenter.com. Retrieved 25 October 2023.
- ^ "The World Towers Complex". CTBUH Skyscraper Center. Retrieved 23 August 2018.
- ^ "World View". CTBUH Skyscraper Center. Retrieved 23 August 2018.
- ^ a b RAI, Dipu (13 September 2018). "DNA MONEY EXCLUSIVE: Lodha 'World One' buyers move RERA over tallest claim". dna. Retrieved 29 November 2018.
- ^ a b "World One". CTBUH Skyscraper Center.
- ^ "Lodha announces Residential Tower | Projects | Construction News". ConstructionWeekOnline.in. Retrieved 16 July 2010.[permanent dead link]
- ^ "World View and Crest".
- ^ "Lodha to invest Rs 2,000 cr for world's tallest homes". The Economic Times. Retrieved 27 April 2016.
- ^ a b Ghosh, Sugata; Datta, Kausik (4 June 2010). "Lodha to gift Mumbai world's tallest homes – The Economic Times". The Economic Times. Retrieved 27 April 2016.
- ^ Money Management. "Lodha group set to erect world's tallest residential tower – 1 – 2010: Money & Budget Special on MSN India". MSN. Archived from the original on 12 June 2010. Retrieved 16 July 2010.
- ^ Ghosh, Sugata; Datta, Kausik (4 June 2010). "Lodha to gift Mumbai world's tallest homes-News -Real Estate-Markets-The Economic Times". The Economic Times. Retrieved 16 July 2010.
- ^ a b c d "Lodha Sells Rs 500 Crore Worth Flats in 9 Days at Mumbai High Rise – NDTV". profit.ndtv.com. Retrieved 27 April 2016.
- ^ a b "World's tallest residential tower is 70% complete". Design Middle East. Retrieved 27 April 2016.
- ^ Dey, Paromita. "World's tallest residential tower gathers pace | ConstructionWeekOnline.com". www.constructionweekonline.com. Retrieved 27 April 2016.
- ^ "World One – The Skyscraper Center". skyscrapercenter.com. Retrieved 1 November 2018.
- ^ Bundhun, Rebecca (3 March 2016). "Supertall Buildings Lure Mumbai's Elite". The New York Times. Retrieved 27 April 2016.
- ^ "Lodha Group's World One".
- ^ "The world's tallest tower block goes on sale". The Daily Telegraph. Retrieved 27 April 2016.
- ^ "HDFC PE fund exits Lodha's World Tower project for Rs 1,500 crore". The Financial Express. 26 October 2016. Retrieved 11 February 2017.
- ^ Menon, Bindu (26 October 2016). "HDFC Property Fund sells Lodha World Towers project stake for Rs 1,500 cr". Business Line. Retrieved 11 February 2017.
- ^ Nandy, Madhurima (2 September 2016). "Piramal Fund to invest Rs2,320 crore in Lodha's World Towers Mumbai". Mint. Retrieved 11 February 2017.
- ^ "World View". CTBUH Skyscraper Center. Retrieved 3 June 2021.
- ^ "World Crest". CTBUH Skyscraper Center. Retrieved 23 August 2018.
External links
[edit]![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)
- Official website
- "World One". CTBUH Skyscraper Center.
- "World One". SkyscraperPage.
- "Emporis building ID 1180737". Emporis. Archived from the original on 27 October 2021.
{{cite web}}
: CS1 maint: unfit URL (link)