Shreepati Heights -- Tardeo, Mumbai


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EDIT -- the tower has been redesigned, see page 3 (http://www.skyscrapercity.com/showthread.php?t=634027&page=3) for details
http://img3.imageshack.us/img3/6527/110523shreepati3bigwd1.jpg

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http://img86.imageshack.us/img86/9438/01ur6.jpg

Although we've heard about this project for over a year, Shreepati Developers (http://www.shreepatigroup.in) has officially announced what could be the tallest approved tower yet for Mumbai (that we have a rendering for, anyway.)

Of approved projects, with 76 stories and 500,000 sq.ft of built up area, the project may be only be second to DB Tower (http://www.skyscrapercity.com/showthread.php?t=610347) in height (with unconfirmed reports of the developers of the latter working to grow it to 76+ fl/300+ in height.)

http://img86.imageshack.us/img86/2695/02kl5.jpg

Shreepati Heights is located at Tukaram Javji Marg in Tardeo, one of Mumbai's tallest neighbrhoods, not far from the 65 story twin Imperial Towers (http://www.skyscrapercity.com/showthread.php?t=610342). The tower was designed by architect Reza Kabul, who had also previously designed Shreepati Arcade (http://en.wikipedia.org/wiki/Shreepati_Arcade), for Shreepati Group, which, for a brief time, was Mumbai's tallest building.

Shreepati heights seems to take its cue from traditional architecture, with the shape evoking the shikhara of Nagara temple style, even to the point of having an amalaka crowning the building. The tower seems to have a remarkably small footprint for a building of this height, as Mumbai's other major skyscrapers require a larger plot and more green area in order to get the floor space approval. This could be an indication of increased FSI allowances in the area.

According to the developers, the tower is currently under construction, having commenced in Dec, 2007 -- or several months before they announced it to the general public. The tower is expected to be completed in Dec, 2012. With all the highrise construction in the area, it will likely be a while before it really starts to make an impact on the skyline, but when it does, it will eventually even dwarf the Imperial Towers.

Thread will be updated when more info becomes available

Cheers,
Jai

According to the developers, the tower is currently under construction, having commenced in Dec, 2007 -- or several months before they announced it to the general public. The tower is expected to be completed in Dec, 2012. With all the highrise construction in the area, it will likely be a while before it really starts to make an impact on the skyline, but when it does, it will eventually even dwarf the Imperial Towers.

I hope this one is really getting built.

Thanks, Jai!

Yeah it is quite a thin building but an excellent one in terms of design & height.

We will be in for quite a wait for this one

LOL looks so stupidly thin

still, it's damn tall and that's all that counts

Apart from the roof, the design is similar to the imperial!

:bash:

The design is alright...

It is.. I did not say otherwise..

Awesome. Looks good. hope the top is the revolving hotel. nonetheless, build it, its seriously supertall. Looks like the 1st 7 fls are parking deck.

I dont think that render is the final one. It does kinda look prematurish. If they are going to build something to be 76 fl, I reckon they should have a more solid design.

The design is good. Doesn't look 76 storied but I guess it isn't the final yet.

Interesting design, especially the fusion of Indian architecture and modern buildings.

I like the design.It looks great

the bottom half resembles the imperial towers somehow

Yeah the bottom half does kinda look like the imperial towers

Guys

I just realized that this project is right next to where my Grandparents live. My grandparents live in Tardeo. My cousin (ABCD) went there. I will ask him if he took any pictures of the area including the Imperial Towers.

They've uploaded a slightly clearer rendering that I tried to enlarge and clarify:

http://img215.imageshack.us/img215/3707/01fz2.jpg

Honestly, I'm not really digging the design. If they didn't have the concrete box podium, the tower would look a lot better. Obviously its being used as parking, but even the inclusion of greenery, or a more interesting facade would work wonders. I hope its not concrete, because even extending the metallic panelling down to ground level would look better than some cheap box.

Someone should call them and request a real rendering, as opposed to some drawing

^^ The bottom half closely resembles the imperial towers'.
But is this actually UC like it says in the thread title?

.Shreepati Heights -- Tardeo, Mumbai


....

According to the developers, the tower is currently under construction, having commenced in Dec, 2007 -- or several months before they announced it to the general public. The tower is expected to be completed in Dec, 2012..

Honestly, I'm not really digging the design. If they didn't have the concrete box podium, the tower would look a lot better. Obviously its being used as parking, but even the inclusion of greenery, or a more interesting facade would work wonders. I hope its not concrete, because even extending the metallic panelling down to ground level would look better than some cheap box.

Someone should call them and request a real rendering, as opposed to some drawing

Never noticed the box-type designed until you mentioned it. It does looks weird. seems like a parking structure.

The hight of this tower has changed again. There website says 81+7 parking

Is this article about the same project?

81-storey residential tower in Mumbai to be India’s tallest

Mumbai/Kanpur: A congested corner of Tardeo, just behind Bhatia Hospital, will be home to what has been described as India’s tallest residential tower. Construction is expected to start in three months. The proposed 81-storey Shreepati Skies will come up on a two-acre plot which is currently occupied by about a dozen low-rise residential cessed buildings built over a century ago.

Today, the area is popularly called old Chikalwadi. After construction is completed in 2013, the tower will be 301 m in height, surpassing the twin towers in Tardeo’s MP Mill Compound (Imperial Towers), each of which stands at around 265 m and 60 storeys.

The developer, Shreepati Group, is taking advantage of Development Control Rule 33(7) which offers a floor space index of 4 for rehousing existing tenants in new buildings on a portion of this land. The developer will use the remainder of the plot to set up the tower and sell the property in the open market.

TOI has learnt that the project cost has been pegged at Rs 500 crore and that the developer has already received the consent of 70% of the tenants to redevelop the property. The project was recently embroiled in litigation after some tenants approached the Bombay high court against the redevelopment. However, the court has now given the green light to the project. The Shreepati Group has also constructed the 45-floor Shreepati Arcade, which is currently the tallest occupied residential building in the country.

The Chikalwadi project has already received civil aviation and environmental clearances. The BMC has given initial approval for construction up to 60 floors. The developer will have to rehouse the existing 550 tenant families in 300 sq ft tenements each in new buildings.


Resource: Times Of India, Dec 18.


Link (http://www.kkinfratech.com/view_property_news.php?id=1206)

the race for india's tallest building is certainly on

There seems to be a subtle design change (for the better) in the render posted in TOI-

http://img528.imageshack.us/img528/35/pc0131400wl4.jpg

Jeez these names are unoriginal... Shreepati Skyz, Oberoi Skies..

anyway, I tried to clear up the rendering a bit, so that we can see the design a bit more clearly.


Definately an improvement from the previous design. Not necessarily a great design, but not as bad. The fact that it is completely glass cladded should help, and it would add a lot of bulk to that part of the skyline.

http://img86.imageshack.us/img86/9438/01ur6.jpg ===> http://www.uploadhouse.com/fileuploads/3192/319253679f587dc250db60d99765cea810d106f.jpg

Meanwhile, it looks like the Shreepati Group's website is in the process of being updated. With the press release of the new tower and design, I'd expect the new website to have more details and perhaps a clearer rendering

Jai, IU

thanks guys. as far as its glassy, it will only do loads of good to Bambai skyline. :). meanwhile I'm still trying to figure out WTH is on top of it all. Its like a massive birds nest with a whole in the middle kind of design.

Jeez these names are unoriginal... Shreepati Skyz, Oberoi Skies..

anyway, I tried to clear up the rendering a bit, so that we can see the design a bit more clearly.


Definately an improvement from the previous design. Not necessarily a great design, but not as bad. The fact that it is completely glass cladded should help, and it would add a lot of bulk to that part of the skyline.

http://img86.imageshack.us/img86/9438/01ur6.jpg ===> http://www.uploadhouse.com/fileuploads/3192/319253679f587dc250db60d99765cea810d106f.jpg

Meanwhile, it looks like the Shreepati Group's website is in the process of being updated. With the press release of the new tower and design, I'd expect the new website to have more details and perhaps a clearer rendering

There seems to be a subtle design change (for the better) in the render posted in TOI-

http://img528.imageshack.us/img528/35/pc0131400wl4.jpg

This design is much better then the other!:banana:

Certainly not a bad one...

Looks like another BSE!!!

'Jeez these names are unoriginal... Shreepati Skyz, Oberoi Skies..'
yep india is close to the tops in rubbish 'tower names'
BUT
if it gets built then its almost a 1000 footer and thats getting serious.
897 i think.

Where its going to be built and other buildings around.

http://i496.photobucket.com/albums/rr322/Bob885/Shreepati-2.jpg

looks like after dubai,,we are set to have a high rise block all by ourselves...the entire grantroad..bombay central patch! though not as tall or dense but nevertheless it good progress tough!

^I'm sure this is a question that has been asked before but, with towers being granted permits like crazy in South Mumbai, are they making plans to upgrade the archaic utility system? What happens to the water supply when all these towers are built and what happens to the electricity grid? As it is, both water and electricity are at a premium in Mumbai, and so far, south Mumbai has escaped the power and water cuts, has the BMC done anything to replace the old water and sewage pipes and increase throughput? I've heard each new building completed so far has had to have water pumped in by water tankers and such. I don't mean to sound like a bubble-burster but the pace of new towers coming up in that area is concerning.

whats more concering is where they are coming up. in congested localities with narrow roads and no open spaces. its a disaster in the making unless the infra is totally changed

^Yep, that's another thing. The traffic on Tardeo Road is a virtual parking lot at rush hour these days, no telling what's going to happen once new residents come into these skyscrapers.:ohno:

whats more concering is where they are coming up. in congested localities with narrow roads and no open spaces. its a disaster in the making unless the infra is totally changed

Its so funny. all these folk with the Beemers in swanky blocks. All they'll be able to do is walk around the block to visit each other.
Roll on the metro...

Its so funny. all these folk with the Beemers in swanky blocks. All they'll be able to do is walk around the block to visit each other.
Roll on the metro...

lol..i already commented on this in an earlier post..
Tardeo is in for a nightmare....Tulsi pipe road is the next in line..Image the mess that Pheonix mills is in right now with the traffic jam at the mouth of the flyover and imagine two new malls and a muliplex that has and will be opening there soon..not to mention the Shangrila!!
We are moving around like headless chicken without learning from other cities...its only once that shoppes stop coming to such places and movie goers start missing movies getting stuck in traffic jams that these developers will understand the value of helping in making the infrastructure better.
We very well know the supreme court ruling of reserving 30% of open space of the "unbuilt" space as against the total area very well now...there needs to be a holistic infrastructure boost that needs to happen. I jsut dread that once all these new swanky places and their new rich class start coming in ...there may be a virtual war between the have and the havenots for the severely crucnhed resources. We are still in south bombay surviving on the British planning and infrastructure. the suburbs are a mess...just try to take an auto from the station at peak time and ull realise the point. now such a development will only land up strangulating the island.

bring back the british i say :p

at least in the bmc

bring back the british i say :p

at least in the bmc

:nuts:

bring back the british i say :p

at least in the bmc

Ambani has a helipad rite? So how does it matter?

My grandmother used to always say that during British rule, Kolkata was so well maintained. She would say, that the authorities washed the streets clean every morning and din;t allow any encroachment of public space. She was also very proud of the beautiful boulevards in the central part of the city and the mansions. However this was all about the small little central place - that is the "White" town. She herself lived in what she used to say was "Coolie" town with no facilities. Other areas like the "Black" town were equally bad.
It was a priviledge to be able to enter the "White" town for the natives.

We can of course learn from colonial rule. Self rule has only brought chaos to our beautiful cities with smelly, funnily dressed rural types from all over the country invading in droves. I think Mumbai and Kolkata cores can be made as beautiful as they were under the British. All they need to do is to exclude the majority of the poor or not so wealthy people from the core city. They can let the poor people come in once a week to marvel at the broad, clean streets, the spic and span parks, the well dressed elite, the fancy cars and then go back to their part of town and like my grandmother feel happy about the administration's great job about the quality of maintenance of the "city".

yep thats what we do here in the Uk .Keep the w**gs in the ghettos.
No seriosly .You now as well as anyone that the problem is not poor people on the streets of indian cities, its corrupt rich people in positions of power nickin the all $$$ meant for improving the infra.(This in turn leads to a lack of civic pride)

i think the biggest difference in civic administration pre and post 1947 is not the way the city is 'divided' but in the quality of its officials and workers. my grandfather dealt extensively with civic officials from around the late 1930s to the 1990s and he says the decline in the quality of manpower is mind-boggling, esp at the lower levels

civic officials at the lower levels were earlier much more educated, with almost zero corruption (compared to today where even lifting a pen requires some form of grease), better monitoring (engineers used to apprentice with the bmc and do actual work like monitoring of every road work, unlike today where contractors send uneducated labourers many times without supervisors). there were always 'better' parts of the city (as they are today, were 300 years ago and will be 200 years from now) but most of the city was extremely clean. slums were redeveloped in a more holistic manner and with better quality (bdd chawls, BIT, etc)

to say that the major reason the city has declined so much is because our civic officials dont kick out poor people would be wrong. bombay has always had people coming in, always had slums. its the quality of the people in the administration and probably the compensation pakage they receive from the government that has brought it to this level. the entire system is rotten and its getting worse with every decade. add in a total lack of enforcement of basic laws and its unsurprising to see the decay everywhere

My tone was that of sarcasm. You can go to our cantonments and gated communities to see exactly what I mean happened under British ruled "nicer" parts of the cities like Kolkata and Mumbai. You keep the masses out, you get nice places. A lot of people do feel very sentimentally attached to the "good things" under the British. They forget they belonged to tiny little elite class.

In independent India, you cannot keep the poor, illiterate, masses out. That goal of opening up has been achieved. Unfortunately - the next goal - integrating the masses to a new, prosperous, modern life has not happened. The poor have just become votebanks of the left and right wing parties, NGOs and social activists. So the poor are allowed to rot in terrible slums or maybe bathe in the open in front of the luxury apartments and bungalows (much to the horror of crorepati owners).

No wonder the whole country is bogged down on how to fix one Dharavi, when in reality there are many more Dharavis in Mumbai itself.

I don't know what is the solution(s). There are plenty of people in India with good intentions to help the poor. But nothing seems to be making a major impact.

like i said, blaming everything on poor people seems to be a cop-out. the real problem is ridiculous levels of corruption amongst civic officials and lack of desire to implement india's laws. you dont have to be mega-rich to be clean or have decent services, as the poor civic sense even amongst india's elite will show. sri lanka, which is about as wealthy as india, has much better levels of sanitation

like i said, blaming everything on poor people seems to be a cop-out. the real problem is ridiculous levels of corruption amongst civic officials and lack of desire to implement india's laws. you dont have to be mega-rich to be clean or have decent services, as the poor civic sense even amongst india's elite will show. sri lanka, which is about as wealthy as india, has much better levels of sanitation

I am not blaming the poor people. I am blaming the system which is failing to uplift the poor. There has been comparitively better achievement in getting the poor their political rights than in empowering them economically.

Sri Lanka has a per capita of $4,400. India has a per capita of $ 2,900 (2008 - PPP (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html)). I believe it's poverty rate is much lower than India too.

Corruption in independent India has definitely spread since the British washed their hands off. Under the British the ruling class was much smaller, so corruption was limited to lesser number of people. But corruption was hale and hearty. Now the ruling class is much bigger. So the scope of corruption has widened. Contractors paid bribes even under the British. And let's not even talk about the "rule of law" under colonial rule.

We can of course learn from colonial rule. Self rule has only brought chaos to our beautiful cities with smelly, funnily dressed rural types from all over the country invading in droves. I think Mumbai and Kolkata cores can be made as beautiful as they were under the British. All they need to do is to exclude the majority of the poor or not so wealthy people from the core city. They can let the poor people come in once a week to marvel at the broad, clean streets, the spic and span parks, the well dressed elite, the fancy cars and then go back to their part of town and like my grandmother feel happy about the administration's great job about the quality of maintenance of the "city".

Win-win, we should go for it

I am not blaming the poor people. I am blaming the system which is failing to uplift the poor. There has been comparitively better achievement in getting the poor their political rights than in empowering them economically.

Sri Lanka has a per capita of $4,400. India has a per capita of $ 2,900 (2008 - PPP (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html)). I believe it's poverty rate is much lower than India too.

Corruption in independent India has definitely spread since the British washed their hands off. Under the British the ruling class was much smaller, so corruption was limited to lesser number of people. But corruption was hale and hearty. Now the ruling class is much bigger. So the scope of corruption has widened. Contractors paid bribes even under the British. And let's not even talk about the "rule of law" under colonial rule.

sri lanka's per capita is pretty much equivalent to maharashtra or tamil nadu or gujarat. even the national incomes are not very different, certainly not in orders or magnitude as we have with developed countries

the ruling class in india is not much bigger than in british times. if bombay had to answer to london earlier, now it does to delhi. and similarly the actual number of civic officials per capita is not much higher either. the basic problem is the quality of the people and their own morals and the lack of punishment for corruption. speak to anyone who has dealt with bureaucracy and is over the age of 60 and ask them about the relative levels of corruption now and then. the difference is staggering. petty corruption which was unheard of is now rampant. talk to builders, CAs, engineers, professionals, business people

we have won many political and personal rights thanks to independence, but the quality of our public and civic life has seen a terrible deterioration. the entire system needs an overhaul and we need to stop the whole 'oh we are so poor nothing can be done' attitude. dozens of countries have gotten out of it, but south asia along with sub-saharan africa seems to wallow in self-pity and extremely poor civic sense

http://www.worldarchitecturenews.com/index.php?fuseaction=wanappln.projectview&upload_id=11052

Mumbai's tallest building design revealed

Set to be the tallest building in Mumbai standing 301 meters or 1000 ft tall, Shreepati Skies or the dancing lady shaped building promises to be unlike any other structure in the India’s or Asia’s Skyline. The master mind behind this structure is no stranger to tall buildings - renowned Architect Reza Kabul has to his credit the tallest completed building of India (Shreepati Arcade listed in the Limca book of Records 2003).

In a novel move, the architect has incorporated the image of a dancing native lady with a water pot symbolised within the design.

The chief construction materials are reinforced cement concrete, glass, steel and aluminum, thus giving the building a smooth and sleek finish. Covering a plot area of approximately 2 acres, the design of Shreepati Skies gives the perception of a dancing lady mounted on a platform comprising of 7 parking floors housing 300 cars. The tower has an estimated 81 floors.

Among its many engineering achievements, this building also has a base to height ratio approaching one to ten, making it the most slender skyscraper. It has the longest constructed continual elevator lift by 1000 feet with 10 nos of Elevators at an approximate sped of 5 mts /sec.

Shreepati Skies promises its residents 126 state of the art apartments, each ndividually designed by Reza Kabul himself with apartment sizes ranging from 2 Bedroom, to 3 and 4beds, duplex and penthouses offering unique floor plans and breath taking view of the ocean, many with individual paddle pools. An additional private theatre, therapeutic spa, a state of the art gym, a swimming pool and a helipad on the top are also incorporated.

In order to meet with standard of Sustainability and an Environmental friendly design the design will include recycling of rain water and management of waste water storage and its recycling process amongst others. Construction of the tower shall take approximately 5 years.

http://img3.imageshack.us/img3/6132/110525shreepati5bighp4.jpg
http://img3.imageshack.us/img3/1486/110524shreepati4biglj9.jpg
http://img3.imageshack.us/img3/6527/110523shreepati3bigwd1.jpg
http://img3.imageshack.us/img3/5918/110522shreepati2bigtn6.jpg
http://img3.imageshack.us/img3/1126/110521shreepati1bigfi0.jpg
^The last image reminds me of the Masdar City HQ building

That is just Oh Dear...
Cheers mate for posting the pics!!!

^^ - Maximum update! Hats off to you.

I cant really make out the design resemblance to a dancing lady.Anyway nice design.Finally we reach 1000ft mark.

^^Huh? We have heaps not that there done yet. There is:

DB Tower (http://www.skyscrapercity.com/showthread.php?t=610347) 400m +

Raheja Patinum (http://www.skyscrapercity.com/showthread.php?t=610328) 420m

Waves (http://www.skyscrapercity.com/showthread.php?t=610324)

Palais Royale (http://www.skyscrapercity.com/showthread.php?t=624711) 320m

Jupiter Mills (http://www.skyscrapercity.com/showthread.php?t=610333)

Skylark Tower (http://www.skyscrapercity.com/showthread.php?t=799644) 300m

i am sorry but whoever came with this design must have been high or something. It reminds me of a phallic object and i hope they restructure its top design before building it.

i am sorry but whoever came with this design must have been high or something. It reminds me of a phallic object and i hope they restructure its top design before building it.
phallic as in phallus? wow. no wonder it was turning me on whenever I looked at it.:cheers2::cheers2:

TARDEO|Shreepati Phallus|81 fl|U/C...
please update the title of this thread!!:cheers:

:|

:lol:

Naaaaaahhhh...it doesn't look that bad

No.. I actually quite like the design. It isn't too modern yet not completely conventional either. Kolkatausa, you have a dirty mind!!! :nuts:

http://img440.imageshack.us/img440/2640/71478799.jpg

Has the construction started?

Has the construction started?

what part of "U/C" on the thread heading did you not understand?

I didn't see the U/C thing... my bad... and the only reason i asked coz I thought the name still wasn't fixed... (some said it was Shreepati Skies) and we had no updates on the construction news...

Its not U/C. If it was im sure we'd have some pics. And this will only be complete by 2014.

I wanna go there :(

I do not like this building, the design do not like...still is the way of the india modern constructions... Hi !! from Colombia

I do not like this building, the design do not like...still is the way of the india modern constructions... Hi !! from Colombia

Hello.....Medellin is a nice city with some beautiful skyscrapers.Coltejer tower etc.

sigh, another high rise for super-duper rich living. Does Mumbai have them for any other purpose yet, or they are still under construction?

^^ yeah but Mumbai has one of the largest populations in the world, so they need high-rise residential towers to accommodate everyone in just a small space.

And plus you don't make skyscrapers for the sake of the city having tall buildings. There needs to be a need for making skyscrapers.

I understand, Menec, but when a 50 story building in Mumbai, for example, houses 100 super-luxury apartments catering to the super-rich, it really doesn't help the "accomodate everyone in a small space" clause.

But what am I whining about, i suppose these real estate companies do their homework. :)

I understand, Menec, but when a 50 story building in Mumbai, for example, houses 100 super-luxury apartments catering to the super-rich, it really doesn't help the "accomodate everyone in a small space" clause.

But what am I whining about, i suppose these real estate companies do their homework. :)

hey hey hey !!! dont whine .. Jiska Koi nahi , uska Tata hai ;)

I understand, Menec, but when a 50 story building in Mumbai, for example, houses 100 super-luxury apartments catering to the super-rich, it really doesn't help the "accomodate everyone in a small space" clause.

But what am I whining about, i suppose these real estate companies do their homework. :)

Kronik, you are right, and this fundamental problem in development has been nagging at my head as well. However, we must consider the private developer's position. In general, the most profitable property will be those built to suit the richest segment of society. Only when the demand by the richest segment drops will developers start building for lower income brackets. Because of this, it is understandable that for the time being we are only seeing high-rise development for the rich. Eventually, we should see more development for the middle class. Moreover, areas further north in the Suburban District have great quantities of mid-rise (30-40 floors) apartment blocks built for the upper-middle class. We simply see more reporting about the luxury blocks on places like SSCI simply because of their prestige and landmark nature. I think as compared to many other cities, Indian cities have done a great job avoiding totally unbalanced development.

However, I also recall one building that was dominated by a central concrete pillar with a few apartment blocks built in on cantilever bases. I hated this building simply because of the problem you described - It catered to the ultra rich and would only be an eyesore to everyone else.

You don't see middle income and low income towers in downtown NYC, downtown Chicago or downtown anywhere.

The fact is that the most expensive land in the city is going to be populated by the most expensive people. I'm all about the underdog as much as the next man, but lets not kid ourselves.


Can/should Mumbai developers and city planners create better and more varied middle and low income housing? Indeed. Should better and more robust schemes be put in place to former land holders and occupants to more justly and effectively compensate for gentrification? Absolutely.

Does this mean giving away land valued far, far under cost? No. No country in the world does that. You don't see a projects next to the Sears Tower. The developers, greedy as they are, serve a purpose and, as they should be, are beholden to the market. And the market will be the most effeciant and effective method to reparcel Mumbai in the course of economic development.

Jai, thats a huge jump from a super-rich housing to a project. Thats really not the income level I am thinking about here.

Perhaps the problem lies in numbers. In the developed nations, the size of the population that can afford to occupy downtown housing is far greater than in Mumbai. The builder will go for the buyer who can pay the maximum, but I think the more upscale these buildings are, the more inefficient use of space there will be. And for Mumbai, maybe thats a factor to consider.

Even in the upper income category, there are various levels of income, for example, those that earn between 20-40 lakh p.a and those who earn higher. Obviously the size of the 20-40 lakh earners will be much greater than those who earn higher, but my feeling is that most developers do not target that group, they only target the highest level earners for maximum profit.

For example, as an analyst in an investment bank, I am sure I can find housing in New York downtown or Honk Kong Central/mid levels, but even I most lieky won't be able to afford most of the projects coming up in the downtown-like areas of Mumbai. Of course, this is just my feeling. But at the same time, please do not feel that I am taking these builders to court in this issue.

It could be that Mumbai's land laws make it impossible for builders to profit from mid-level to lower-high level income highrises and/or it could be a number of other factors. You guys know about this more than I do.

It could be that Mumbai's land laws make it impossible for builders to profit from mid-level to lower-high level income highrises and/or it could be a number of other factors. You guys know about this more than I do.

nail. on. head

someone who buys at 100 is not going to sell at 75. land prices had reached ridiculous levels and the only way a builder would make money is by charging even more ridiculous prices

of course rental housing is suicide with current laws

Any U/C pics or any updates.

I don't even think its u/c.

What stage of contruction is now? Did they start the building?

Well the status says U/C.

Its still proposed.

Please change the name of the title of Shreepati Skies


http://img524.imageshack.us/img524/669/20371382.jpg (http://img524.imageshack.us/i/20371382.jpg/)


Source: Hindustan Times

^^Huh? We have heaps not that there done yet. There is:

DB Tower (http://www.skyscrapercity.com/showthread.php?t=610347) 400m +

Raheja Patinum (http://www.skyscrapercity.com/showthread.php?t=610328) 420m

Waves (http://www.skyscrapercity.com/showthread.php?t=610324)

Palais Royale (http://www.skyscrapercity.com/showthread.php?t=624711) 320m

Jupiter Mills (http://www.skyscrapercity.com/showthread.php?t=610333)

Skylark Tower (http://www.skyscrapercity.com/showthread.php?t=799644) 300m

So from the entire list only Palais Royale is actually u/c

^There's been a big hole at the DB site of a while. Skylark the slums were cleared. And I think JM now Indiabulls Sky should start soon.

There is no 400m+ tower in pipeline in Mumbai except for Iconic tower. DB tower is 301m and Raheja Platinum is round about the same height.

^fyi, DB Realty has announced that DB Tower will be 400m+. But I have no idea where I got Raheja Platinum will 420m.

So we have Indiabulls Sky, Oberoi Skies and Shreepati Skies.... What's next, Raheja Sky?

So from the entire list only Palais Royale is actually u/c

Unfortunately this trend will continue. Majority of the developers who announce ambitious projects are not sincere about them.

^^^^

If they were not sincere about them, why would they spend money making renders of the projects and stuff.

^fyi, DB Realty has announced that DB Tower will be 400m+. But I have no idea where I got Raheja Platinum will 420m.

Oooops! My apologizes India101!!! Could u kindly post DB tower news for me? I'll really appreciate it. We at SSCi are no better than bunch of housiwives at Kitty party. One starts a rumour and others follow it. Maybe, thats how 198m Lodha Bellissimo got its height increased to 252m. It has happened with several other projects aswell. So, I just want to be absolutely certain.

for posterity
http://img259.imageshack.us/img259/7620/03092009002001.jpg (http://img259.imageshack.us/i/03092009002001.jpg/)


Source: Hindustan Times

^^^^

If they were not sincere about them, why would they spend money making renders of the projects and stuff.

As you can well see majority of these projects are not going to happen so what that does mean? Are they trying hard enough to complete them? Perhaps in their zeal to execute a landmark project they had forget that many of them will be financially viable.

Well, a lot of projects like the Skylark tower might be involved in some government regulation mess (like sanctioning a greater FSI). So unless that resolves, they cannot start the projects. You can also see an example of the Imperial Twin Towers at Tardeo: a third one could have come along the present two, but due to opposition, the case was dragged into the court, where the former won and a third tower is proposed. A much awaited Waves tower is waiting for some clearances from the government.

So before a project is started, it requires a large number of clearances and approvals from the government, civic body, and so on.

I think that some projects might also have been canceled due to economic slow down.

whts progress of this skyscraper.................???

Nothings happened at the site, I don't think.

Nothings happened at the site, I don't think.

Thanks for update :)

is it cancelled ????or what??

Any updates or is it cancelled?

The project is still ON. It got added to Shreepati's website in mid May.

This is the status on their website (http://www.shreepatigroup.in/realestate/property.php?id=PIN00002):

Approval Status: I.O.D obtained
Project Status: Commencing Shortly
Rehabilitation Status: Commencing Shortly


Walkthrough video--> http://shreepatigroup.kalkisupport.com/videos/ShreepatiSkies/ShreepatiSkies.html

and another render:
http://img37.imageshack.us/img37/7636/elevation20.jpg

I knew you would dig some news out for updating us. Lol. Great. I am way too excited for this building to come up.

Thanks IU

any update on what happening at the site????Are all necessary approvals sought?

Its been 13 months since last update...I find it hard to believe that there has been nothing for this long....BTW I enjoyed the walkthrough video, very elegant apartments.