Monday, August 02, 2010

LODHA'S World One, Lower Parel, Mumbai

 

LODHA’S World One, Lower Parel

 

The Structure

 

Typical floor plan for 1st to 40th Floor

 

 

Tentative Floor plan for 1st to 40th Floor (3 & 4 BHK Wing)

 

The Flat layout of 4 BHK would be similar to 3 BHK only one room would be added and some differences in the dimensions.

 

The above information is according to the description by the Sales Manager and a bit of imagination, as none of the plans were shown at this pre-launch stage, only some dimensions were disclosed, therefore it may vary a bit from the actual.

 

It was told that as it is only pre-launch, so only after giving a cheque of Booking amount, a glimpse of the floor plans would be shown but it will not be given.

 

Pricing Details

 

Base Rate                    Rs. 23,000 psf (3 BHK)

                                    Rs. 22,500 psf (4BHK)

                                    Rs. 30,303 psf (Villas)

 

Floor Rise                    Rs. 180 per floor (from 7th floor for 3BHK & 4BHK)

                                                                (from 42nd floor for Villas)

 

Car Parking                Rs. 12.6 Lac per car parking

                                    (2 CPs compulsory for 3 BHK)

                                    (3 CPs compulsory for 4BHK & Villas)

 

Maintenance              Rs. 12 psf per month

 

Total Cost                   Rs. 7.11 Cr (For a 3BHK at 10th level)

                                    Rs. 8.25 Cr (For a 4BHK at 10th level)

                                    Rs. 21.97 Cr (For a Villa at 44th level)

 

Payment Schedule

 

Booking Amount       Rs. 18 Lac (3 BHK & 4 BHK)

                                    Rs. 36 Lac (Villa)

 

After 27 days              10% of the Agreement Value – Booking Amount

 

After 18 more days    9.9% of the Agreement Value

 

Other installments will be due as per the progression of work.

It would take around 5 years in completion of the project.

The above prices are valid only till 17th June and it would be increased to about 20% after that.

LODHA’S World One, Lower Parel

 

Project

Detail related to

Description

Details

World One

Location

Lower Parel

 

 

Land details

17.5 acre plot of Srinivas Cotton Mills

Auctioned by National Textile Corporation in 2005

 

Development details

3 residential towers, a high-end shopping avenue and a world-class office building.

 

 

Height & Areas

Over 117 storeys (Over 450 meters or 1,450-feet)

Total 300 exclusive homes

 

landscape area

2 lakh sq ft (5 acres)

 

 

Sports club

80,000 sq ft

Height of 175 feet above ground

 

Cost

Rs 2,000 crore

(approx US$ 440 million).

 

Funding

Customer receipts, debt finance and internal accruals

Received more than Rs1,000 crore from HDFC, Singapore funds GIC and Temasek

 

Expected Revenue

Rs 5,000 crore

 

 

Certification

Gold LEED Certified building

 By the Green Building Council

 

View

60 km from the building

360° views including Bandra Worli Sealink,Race Course & Arabian Sea.

 

Type of flats

3 & 4 bedroom World Residences

 

 

 

Lavish World Villas with their own private pools

 

 

 

Limited number of duplex World Mansions

 

 

Rate

Rs 25,000 per sq ft.

Rs.7.5 to Rs.50 crore ($1.5 million to $12 million)

 

Sales Commencement

End of June, 2010

 

 

Architectural Consultant

Pei Cobb Freed & Partners

New York based

 

Structural Consultant

Leslie E Robertson Associates

New York based

 

Construction by

Samsung Constructions, L&T and Grocon

 

 

Technology to be used

High-capacity concrete pumps

Ability to pump to heights over 450 metres

 

 

High-capacity construction hoists

With a speed of up to 2 m/sec to move men and materials

 

Super- Structure

High-strength concrete

Supported by large reinforced concrete mats and piles

 

Elevation type

Mega Structure

First time in India

 

Amenities

Club House

3-level club-house and spa

 

 

Kitchens

Bulthaup (Germany)

 

 

Bath fittings

Antonio Lupi (Italy), Dornbracht (Germany), Gessi (Italy), Villeroy & Boch (Germany/France)

 

 

Elevators

Mitsubishi (Japan), Otis (USA)

 

 

Flooring

Imported Italian marbles

 

Safety Measures

Fully automated fire detection and sprinkling systems

 

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