ONE IN WORLI, MUMBAI
LODHA group is a well-known real estate developer in India. Headquartered in Mumbai, it has many a projects spanning across Mumbai and Mumbai, Metropolitan Region (MMR). The group has spread its tentacles to Hyderabad & Pune in a big way. Abroad it has made its presence in London.
One of the unique projects it has envisaged in Mumbai is LODHA WORLD ONE situated in the picturesque surrounding bordering the mighty Arabian sea in the heart of the island city.
The WORLD ONE is a part of cluster of three towers, WORLD ONE, WORLD CREST and WORLD VIEW together known as WORLDTOWERS.
WORD ONE, with 442 meters, height and 117 floors is billed to be the tallest building in the world. The project is expected to be completed in 2016.
Built at the plot of land where Shrinivas Mills existed, this project will house about 30 luxury homes, includingthree and four bedroom residences, villas with own private pools and a limited number of luxury mansions as well.
The apartment prices in WORLD ONE is estimated to start from INR 7.5 crore (US$1.4 million) and the most expensive one be as much as INR 50 crore (US$9.2 million). The project will cost INR 2000 crore (US$370 million) and Lodha Group expects to earn a revenue of INR 5000 crore (US$920 million) from the sale of the apartments, according to a real estate source. According to Abhishek Lodha (M.D- LODHA group) says, all necessary clearances including civil aviation permissions are in place. Seventy four floors have been completed and the construction is in full swing.
The LODHA group has several other ongoing projects to its credits including PALAVA India’s most lovable city, spread across 4,000 acres and located close to the upcoming Navi-Mumbai international airport.
World crest is the fastest constructed residential high-rise structure in India. A project of astounding proportions, matched in its magnificence only by the marvel of engineering and construction that has gone into its development.
The project has three types of flats. World residences are three and four bedroom houses, which have curved glass living room and wide sun decks attached to every room.
LODHA group at present has well over 3100 associates and provides employment to over 25,000 workers at site –basis.
Goingbeyond, its role as a premier real estate developer, The LODHA group has been a socially responsible corporate, focusing on education as the best medium to enrich the society.