Project Of The Week: Lodha World One

Through its upcoming project, the Lodha Group will be known across the world. When completed, Lodha World One, a luxury project in Mumbai, will be the tallest residential tower in the world. Launched in 2010, Lodha World One is taller than the Park Avenue of New York City or the Princess Tower of Dubai. Let us explore this project in detail.

Live the high life

Once fully-constructed, Lodha World One will be a new landmark in Mumbai. Residents of this high-rise tower would feel that they own luxurious habitat on cloud nine. Inspired by the principles of futurist architecture, Lodha World One is being built by professionals who display efficiency of the highest degree. Some of its unique specifications are:

The super luxurious residential property in Mumbai will be a multi-tower society . World One and World Crest will have 117 and 95 floors respectively.

The first 40 floors of the skyscraper will have 3 and 4 BHK apartments, with an area of 2800 and 3400 sq ft respectively.

The next 40 floors will have villas alongside private pools. These will be spread over an area of 7000 sq ft.

The floors above these would be duplex mansions.

Lodha World One, Mumbai, is an environment-friendly project. It has features conducive to  ecological sustainability like rainwater harvesting, VRV air-conditioning, segregated waste management systems and lighting and water heaters run on solar energy.

The curved tower would allow residents to enjoy a 360 degree view of the Mumbai skyline.

The Arabian Sea would allow the residents to see as far as 60 km away.

The interior designing of the apartment units are comparable to that of Armani and Casa.

The parking area will have a six layered podium

According to PropTiger.com, buyers can choose from 300 units of 4 BHK apartments in this project.

Advantageously located Lodha World one is situated in a posh locality in Mumbai, Upper Worli. Upper Worli is known as the urban epicenter of the city. The area has the right physical, social and economic infrastructure. Reputed industrial conglomerates have offices in Upper Worli. To know more about the area, log on to PropTiger.com.

A reasonably priced luxury project The Lodha World One apartments are priced at Rs 45,000 per sq ft. This is lower than the average price in the locality: Rs 45,341 per sq ft. Residential projects nearby, such as Ahuja Towers and India Bulls Sky have priced their apartment units at Rs 55,000 and 35,000 per sq ft, respectively. India Bulls Sky also impose a one-time charge of Rs 20-25 lakhs for the parking and clubhouse, which are free in other residential projects in Mumbai. Residential property prices in the locality have been stable for the past four months. Upper Worli is more expensive when compared to nearby areas such as Prabha devi, Mahalaxmi and Parel.

Built by a reputed builder The Lodha Group has been building world-class residential projects for long. Even by global standards, Lodha Group's projects are excellent.

Some of the Lodha Group's remarkable projects include Lodha Bellussimo which has over 1000 landscapes within the residential complex. Lodha Golf Links is India's first residential development with golf courses. The Group has also been considered for the GOLD LEED certification because Lodha World One is an environmentally sustainable high-rise tower.

PropTiger.com's Rating

Parameter	Remarks
Project	Excellent
Builder	Very Good
Locality	Very Good
Price	Very Good

According to media reports, these upcoming apartments in Mumbai are in great demand. If you are among the few who own apartmenta in Lodha World One, you should count yourself lucky.