View Full Version : WADALA | Lodha Project | erst. MMRDA's Iconic tower | ??? fl | ???m | Cancelled
Hindustani June 29th, 2009, 03:16 AM http://www.hospitalitybizindia.com/detailNews.aspx?aid=5366&sid=1
MMRDA relaxes norms to attract builders for Iconic Tower
Companies such Tata Realty and Infrastructure, Reliance Infrastructure, Shapoorji Pallonji, Indiabulls etc attended the pre-bid meeting on June 18, 2009. However, a lukewarm response from international firms and demands from the bidders to relax norms made MMRDA take this decision.
As per new norms, the bidders should have completed one building of 300 mt each as against earlier criteria of completing 400 mt to qualify as a bidder. The bidders should have completed two infrastructure or mixed land use projects under PPP or BOOT basis together costing Rs 2000 Crore as against the earlier criteria of completing two buildings of Rs 1000 Crore each.
The authority has relaxed the norms relating to the lead member in case of JVs, saying that lead members should have a holding of not less than 26 per cent as against the earlier criteria of lead member having 75 per cent holding in the JV. On the request of the companies, MMRDA has extended the last date of submission of bids from July 2 to 31, 2009.
http://www.hospitalitybizindia.com/detailNews.aspx?aid=5244&sid=1
Work on Wadala's iconic tower to start in October 2009
Friday, June 19, 2009, 16:00 Hrs [IST]
By HBI Staff | Mumbai
In a report in The Times of India, the work on the 531 metre tower coming up at Wadala will start in October 2009. With an updated investment figure of Rs 4000 Crore, the structure will have a built-up area of 60000 Lakh sq ft. The building will house several hotels. About 30 floors of the building will have seven-star hotels and luxury apartments. For the first 60 floors, there will be high-speed elevators while the rest of the building will have normal elevators. The building will be centrally air-conditioned, have electronic circuits, elevated transport and security.
As reported earlier in Hospitality Biz, 23 firms have shown interest to design and offer consultancy services while nine companies are expected to bid for constructing the tower. The area will be connected by the monorail and Metro rail lines; the trans-harbour project will link Wadala with Navi Mumbai.
european June 29th, 2009, 03:19 AM great news any rendering?
TdotTdot June 29th, 2009, 03:37 AM For the first 60 floors, there will be high-speed elevators while the rest of the building will have normal elevators.
Wonder what they mean by that...
Any way.. hope atleast this design turns out to be something iconic like the name suggests.
Hindustani June 29th, 2009, 03:38 AM great news any rendering?
great news indeed. I thought aviation authorities will give them hell as usual & this gets permanently shelved. didn't happened. :cheers: They're moving real fast on this one.
I always believed if ever a 100 fl tower will be constructed on Indian soil, it will be viable & sustainable only in Bombay & my belief is being proven.
Its the financial capitals that lead the way for supertalls just like in Malaysia, China & Taiwan. Rest of the cities will eventually learn out of need
IndiansUnite June 29th, 2009, 04:09 AM great news any rendering?
The tower is being built on a Design, Build, Own, Operate and Transfer basis. We'll get to see the render only after the developer is announced in September. All other designs/renders published in the meantime would be baseless.
bhargavsura June 29th, 2009, 04:30 AM Ok. So they are damn serious about this. Cool.
India101 June 29th, 2009, 09:01 AM Wonder what they mean by that...
Any way.. hope atleast this design turns out to be something iconic like the name suggests.
Their probably low on money so they can't afford highspeed elevators to the top to they stop them at the 60th floor.
BTW, can a mod please change the 500 to 531 metres.
bhargavsura June 29th, 2009, 04:05 PM Their probably low on money so they can't afford highspeed elevators to the top to they stop them at the 60th floor.
BTW, can a mod please change the 500 to 531 metres.
I think money is not the issue, at least not in the case of elevators? They are having the entire building centrally air-conditioned. So if they can afford something like this, how can money be an issue here?
All it needs some engineering programming to slow (the acceleration) down the elevator from 60-101 floor. There has to be some other reason for them to do so.
Can someone throw a light on this?
animesh_cmc June 29th, 2009, 09:49 PM Please people don't be too enthusiastic about such project because when this falls through the dissapointment is only much greater. What happened to those 100+ buildings in hyderabad, kochi? Do you know what I think? I think even in next 50 years our Indian cities will not look much different from today. It is not about economy or money it is the typical indian mentality or Indianness or whatever you call it. The Indian people who pees on the roadside and stains the walls with spittle. Mumbai is the financial capital of this country and not a single notable commercial tower in the city. All we have are ugly looking residential buildings. While the chinese are going overboard to show off their newfound prosperity to the world Indians are too happy to continue with what they have got. So please ignore this news about 100 floor buildings until you see the work actually starting in one the projects. Now we know the buildings in Hyderabad are never going to be built. The Gift in gujarat is all pretentious talks and nothing more. This is not a country where overambitious projects work or even if they do they do so after decades when they are not considered overambitious anymore. This perhaps very much true as far as architecture is considerd. If you look closely everything Indian is small or mellowed down versions of what we see in other parts of the world; be its people or its wildlife. So from that point of view one should not expect really tall skyscrapers in it cities or should we say the city i.e Mumbai?
TdotTdot June 29th, 2009, 10:08 PM Please people don't be too enthusiastic about such project because when this falls through the dissapointment is only much greater. What happened to those 100+ buildings in hyderabad, kochi? Do you know what I think? I think even in next 50 years our Indian cities will not look much different from today. It is not about economy or money it is the typical indian mentality or Indianness or whatever you call it. The Indian people who pees on the roadside and stains the walls with spittle. Mumbai is the financial capital of this country and not a single notable commercial tower in the city. All we have are ugly looking residential buildings. While the chinese are going overboard to show off their newfound prosperity to the world Indians are too happy to continue with what they have got. So please ignore this news about 100 floor buildings until you see the work actually starting in one the projects. Now we know the buildings in Hyderabad are never going to be built. The Gift in gujarat is all pretentious talks and nothing more. This is not a country where overambitious projects work or even if they do they do so after decades when they are not considered overambitious anymore. This perhaps very much true as far as architecture is considerd. If you look closely everything Indian is small or mellowed down versions of what we see in other parts of the world; be its people or its wildlife. So from that point of view one should not expect really tall skyscrapers in it cities or should we say the city i.e Mumbai?
+ 1
but we should have hope... or else no one will. :cheers:
indianpatriot June 30th, 2009, 07:37 AM Please people don't be too enthusiastic about such project because when this falls through the dissapointment is only much greater. What happened to those 100+ buildings in hyderabad, kochi? Do you know what I think? I think even in next 50 years our Indian cities will not look much different from today. It is not about economy or money it is the typical indian mentality or Indianness or whatever you call it. The Indian people who pees on the roadside and stains the walls with spittle. Mumbai is the financial capital of this country and not a single notable commercial tower in the city. All we have are ugly looking residential buildings. While the chinese are going overboard to show off their newfound prosperity to the world Indians are too happy to continue with what they have got. So please ignore this news about 100 floor buildings until you see the work actually starting in one the projects. Now we know the buildings in Hyderabad are never going to be built. The Gift in gujarat is all pretentious talks and nothing more. This is not a country where overambitious projects work or even if they do they do so after decades when they are not considered overambitious anymore. This perhaps very much true as far as architecture is considerd. If you look closely everything Indian is small or mellowed down versions of what we see in other parts of the world; be its people or its wildlife. So from that point of view one should not expect really tall skyscrapers in it cities or should we say the city i.e Mumbai?
I completely agree with u.
BTW, has anyone bothered what will happen to the prospects of this tower if the current govt goes out of power?
great india June 30th, 2009, 08:11 AM Please people don't be too enthusiastic about such project because when this falls through the dissapointment is only much greater. What happened to those 100+ buildings in hyderabad, kochi? Do you know what I think? I think even in next 50 years our Indian cities will not look much different from today. It is not about economy or money it is the typical indian mentality or Indianness or whatever you call it. The Indian people who pees on the roadside and stains the walls with spittle. Mumbai is the financial capital of this country and not a single notable commercial tower in the city. All we have are ugly looking residential buildings. While the chinese are going overboard to show off their newfound prosperity to the world Indians are too happy to continue with what they have got. So please ignore this news about 100 floor buildings until you see the work actually starting in one the projects. Now we know the buildings in Hyderabad are never going to be built. The Gift in gujarat is all pretentious talks and nothing more. This is not a country where overambitious projects work or even if they do they do so after decades when they are not considered overambitious anymore. This perhaps very much true as far as architecture is considerd. If you look closely everything Indian is small or mellowed down versions of what we see in other parts of the world; be its people or its wildlife. So from that point of view one should not expect really tall skyscrapers in it cities or should we say the city i.e Mumbai?
-100, just cause India is not china, doesn't mean India wont be like China in the future, India has come a long way since independence. 10 years ago, did you ever think India would ever look the way it looks now?
India101 June 30th, 2009, 08:21 AM I think money is not the issue, at least not in the case of elevators? They are having the entire building centrally air-conditioned. So if they can afford something like this, how can money be an issue here?
Dude, it was a joke.
ab041937 June 30th, 2009, 04:14 PM I completely agree with u.
BTW, has anyone bothered what will happen to the prospects of this tower if the current govt goes out of power?
That is not important. This is a discussion forum & the project has been approved as of yet. The thread allows fellow SSCI forumers to provide their inputs and have a discussion pertaining to this project. If the project is shelved the thread can be locked and deleted. But that uncertainty shouldn't hold anybody from talking about it.
indianpatriot June 30th, 2009, 08:36 PM That is not important. This is a discussion forum & the project has been approved as of yet. The thread allows fellow SSCI forumers to provide their inputs and have a discussion pertaining to this project. If the project is shelved the thread can be locked and deleted. But that uncertainty shouldn't hold anybody from talking about it.
You r right mate. :yes: Let's pray to the God that the project starts soon.
TdotTdot July 1st, 2009, 02:10 AM You r right mate. :yes: Let's pray to the God that the project starts soon.
Now, why would you do such a thing? The God has nothing to do with this.
Jim856796 July 18th, 2009, 12:08 PM No offices in this tower, but I have never heard of a single building containing more than one hotel (although the number of hotels in this building is unknown). I hope a shorter supertall with offices is constructed in Mumbai as well.
amco_in July 22nd, 2009, 03:31 PM MMRDA to extend bid submission date for Wadala tower project
The MMRDA is planning to extend the last date for submission of bids for its 101-storey 'Iconic Tower' project in Wadala, Mumbai.
As many as nine construction firms - both national and international - have now requested extension citing economic slowdown. The tower project is estimated to cost Rs 2,500 crore to be implemented on BOT basis.
Now, the final submission date is likely to be extended by a month. The companies have sought extra time to work out JVs with their foreign counterparts. Currently, the last date for bid submission is 31 July 2009.
The nine companies that have evinced interest in constructing the tower are: Akruti City, Tata Realty Infrastructure, IL&FS Transportation Networks, Indiabulls, Top Value Deal Developers, Shapoorji Pallonji Group, Reliance Infrastructure, Larsen & Toubro and Gammon India.
Meanwhile, the MMRDA has also extended the last date of submission for bids for designing and offering consultancy for the proposed tower. Around 23 companies have evinced interest in providing consultancy for the tower. The last date of bid submission for consultants is now 7 August 2009.
http://www.projectstoday.com/News/NewsDetails.aspx?smid=24&nid=27089
Bombay Boy July 22nd, 2009, 07:38 PM lol! the mmrda gives more extensions than a busy hair salon
amhrpi July 23rd, 2009, 12:00 AM I do not mind these small delays as long as they do it carefully and look over all the small details. This is better than regretting the decisions later when the ball has already been set into motion :bash:. Of course.... my assumption is that the project wont be postponed out of existence.:)
RatJones July 23rd, 2009, 06:17 PM This if anything is good news. It might attract the likes of Foster, Stirkhouse and Rogers, SOM, KPF or Renzo Piano to submit designs, if it is to be a world class tower and design it would make sense to bring in world class architects.
Bombay Boy July 23rd, 2009, 08:18 PM the architects dont get in at this stage. the construction company is chosen and then that company hires an architect to design the building after it wins the bid
bhargavsura July 24th, 2009, 07:25 AM No HC please for Mumbai's sake.
zenith_suv July 24th, 2009, 03:33 PM No HC please for Mumbai's sake.
Oh , come on he's not so bad.
Maybe he'll plant trees between floors of the building or a huge banyan tree on top , do his bit for global warming.:lol:
ferrari_fan July 24th, 2009, 03:47 PM lol! the mmrda gives more extensions than a busy hair salon
:lol:
bhargavsura July 24th, 2009, 04:25 PM Oh , come on he's not so bad.
Maybe he'll plant trees between floors of the building or a huge banyan tree on top , do his bit for global warming.:lol:
Yeah. He will also start his own circus show by climbing on the trees up and down to entertain people. :lol:
But anyways, lets hope the next time they don't delay the bidding process.
Chrisel July 25th, 2009, 10:48 AM The Times of India,
25th July
http://img154.imageshack.us/img154/9470/articlewindow1248507206.png
amhrpi July 25th, 2009, 06:43 PM Hasn't this project been already approved by the civil aviation ministry? :?
Nitro August 1st, 2009, 01:43 PM Wadala Tower...i think they cut a few floors off:
http://img17.imageshack.us/img17/5494/milestone1.th.jpg (http://img17.imageshack.us/i/milestone1.jpg/)
http://www.rajeconsultants.com/pops/mlestone1.html
Its not that great a design but the height is solid and it will be a welcome addition to the skyline
India101 August 1st, 2009, 03:33 PM Hey haven seen you in a while...
anyway thats a different project. That will have 75 floors also coming up in Wadala. Though quiet an ugly design. Hope its a pre rendering.
ab041937 August 1st, 2009, 04:35 PM Welcome back Nitro,
Good to see you. I dn't think thats Iconic tower but nevertheless a great find. It would be a fantastic addition to Wadala skyline.
ab041937 August 1st, 2009, 04:37 PM I m posting a larger rendering here
courtesy Nitro@SSCi
http://img17.imageshack.us/img17/5494/milestone1.jpg
Nitro August 1st, 2009, 10:33 PM ^^cheers lads
yeah i have been monitoring the forum now and again just havent much time these days to make much of a contribution...
yes i certainly hope thats not the 'iconic tower' but the thought of another supertall in Wadala may just be too good to be true...
regards
India101 August 2nd, 2009, 03:09 AM Another render. Since it shining in the sun it mist probably be some sort of steel atleast not concrete which is a releif if it does get built. Its name is...
Everest Milestone
http://img8.imageshack.us/img8/1052/53160505.jpg
mihir1310 August 3rd, 2009, 04:11 AM Asia's tallest tower in Mumbai to mark 50 yrs of Maharashtra
MUMBAI
: Maharashtra government is marking 50 years of the state by planning 50 ambitious projects, including Asia's tallest building in the city.
"We have proposed building an iconic tower, which would be Asia's tallest and have invited design and construction bids for it," a senior official from the Urban Development Department said.
The 531-metre high tower has been proposed to be built at Wadala in Central Mumbai over 14 hectares of land, the official said, adding that the proposal has been submitted to the Government.
The tower would have commercial, recreational, academic and entertainment facilities, he said, adding, "the place has been chosen in such a way that it would be a conversion point for proposed Monorail and Metro rail."
To mark the Golden Jubilee celebrations of the coastal state, formed in 1960, the Congress-NCP Government is planning a slew of projects.
Chief Secretary Johny Joseph has convened a meeting of all departments tomorrow in this regard, the official said.
"All secretaries would come up with total 50 innovative schemes to mark the Golden Jubilee year of the state," the official said.
Joseph would also discuss celebration cost and list of dignitaries to be invited for the concluding celebrations of the Jubilee year, which began on May 1.
The schemes and the plan of the celebration would be presented at the cabinet meeting this week for approval, as the code of conduct for Assembly polls may come into force soon, he said.
TOI/ PTI (http://timesofindia.indiatimes.com/NEWS/City/Mumbai/Asias-tallest-tower-in-Mumbai-to-mark-50-yrs-of-Maharashtra/articleshow/4847992.cms)
bains1971 August 3rd, 2009, 11:49 AM Will this be our first supertall ?
zenith_suv August 3rd, 2009, 11:51 AM no , it'll be our second super tall - one is already u/c in mumbai is around 320 mt. tall - the name escapes me though.
India101 August 3rd, 2009, 11:52 AM ^No Palais Royale is already u/c.
India101 August 3rd, 2009, 11:53 AM ^^ Oh you beat me to it :D
bains1971 August 3rd, 2009, 12:13 PM Is this supertal in the supertall section of skyscrapercity. 320.mt PR
India101 August 3rd, 2009, 12:29 PM ^Nope. I don't think anyone wants anyone to see it. Its an ugly design for a supertall.
india August 3rd, 2009, 01:03 PM Asia's tallest tower in Mumbai to mark 50 yrs of Maharashtra
TOI/ PTI (http://timesofindia.indiatimes.com/NEWS/City/Mumbai/Asias-tallest-tower-in-Mumbai-to-mark-50-yrs-of-Maharashtra/articleshow/4847992.cms)
I thought Dubai, Shanghai and HK were in Asia too... :dunno:
Samrat August 3rd, 2009, 01:12 PM I thought Dubai, Shanghai and HK were in Asia too... :dunno:
Tokyo, Taipei, Kuala Lumpur.... also:)
India101 August 3rd, 2009, 01:32 PM I thought Dubai, Shanghai and HK were in Asia too... :dunno:
Hong Kong tallest is around new tallest is around 450m and I don't think its gonna get anything over 500m for a while. But as for Shanghai Shanghai Tower is which is U/C is going to be over 600m and we all know the Burj Dubai is over 800m which in don't think India will see for a while.
India101 August 3rd, 2009, 01:38 PM Tokyo, Taipei, Kuala Lumpur.... also:)
Tokyo doesn't not have building over 250m. Yes Taipei 101 is 510m but this one should be 531m. Kuala Lumpurs, Petronas Towers are only 452m.
bains1971 August 3rd, 2009, 03:53 PM ^Nope. I don't think anyone wants anyone to see it. Its an ugly design for a supertall.
Well we should get one soon.:bash:
Ajaypp August 4th, 2009, 07:55 AM Tokyo doesn't not have building over 250m.
^^ - Perhaps, you should check out the u/c Tokyo Skytree?
India101 August 4th, 2009, 08:12 AM ^I didn't count that beacause thats not a building its just a tower with observation decks and other stuff.
Samrat August 4th, 2009, 03:21 PM Tokyo doesn't not have building over 250m. Yes Taipei 101 is 510m but this one should be 531m. Kuala Lumpurs, Petronas Towers are only 452m.
my point was that Mumbai first has to reach tall buildings like these cities then can only boast of super tall structures.
currently, world's top 3 tallest buildings are in Asia.(Dubai, Taipei and Kuala Lumpur in that order) So, there was no use to say this will be the tallest building in Asia. Is there any building(outside Asia) higher than tallest building in Asia?
Currently "Tokyo Sky Tree" (in Tokyo) is under construction and has already reached 93 metres in height. When completed, it will be 610 metres tall.
Indian Forever August 4th, 2009, 06:39 PM In india i think Mumbai, will have the first real supertall ,in the future.
tall_dreams August 12th, 2009, 04:08 PM Why I have a feeling that they are going to build another concrete tower with thousands of gaping windows and painted with whitewash based paints, only this would be a monostrity of ugliness and not just ugly, of course if the tower gets built at all. We can only pray that they come up with a modern design. Miracles do happen.
mumbairail November 25th, 2009, 10:29 PM found this image from this website:
http://ekmarathimanoos.blogspot.com/2009_06_01_archive.html
http://img4.imageshack.us/img4/1300/iconictowerwadalamumbai.jpg
IndiansUnite November 26th, 2009, 02:52 AM Is this the photo of Wadala tower?
of course not
India101 November 26th, 2009, 06:58 AM I thought we were already meant to have a render by now. I don't think we'll see this happening for a while.
mumbairocks November 26th, 2009, 08:42 AM any renders????
India101 November 26th, 2009, 10:54 AM Nope. Not yet...
Cov Boy November 26th, 2009, 12:40 PM Dont hod your breath on this one.
Many supertalls where planned over the last couple of years and nothing bore fruit.
achemsRaZor December 8th, 2009, 04:57 AM It will be atleast 2 years before any work starts.
Source: http://www.indianexpress.com/news/Not-enough-interest-in-Wadala-iconic-tower--so-tenders-afresh/551115/
Not enough interest in Wadala iconic tower, so tenders afresh
Swapnil Rawal Posted online: Tuesday , Dec 08, 2009 at 2308 hrs
Mumbai : With only three bidders having proposed to design and build the “iconic tower” at Wadala, the Mumbai Metropolitan Region Development Authority (MMRDA) is now planning to re-invite tenders.
The MMRDA had invited global tenders for the Rs 4,128-crore project in May, confident despite the financial slowdown and despite the poor response to other major infrastructure projects.
Two months after receiving the three bids, Ratnakar Gaikwad, metropolitan commissioner, MMRDA, said, “We’re planning to re-invite tenders. We’re confident we’ll get a better response now.”
One of the bidders is a consortium with a Dubai-based engineering firm as a partner, but Gaikwad denied any connection between the Dubai financial crisis and the fresh call for tenders. “Dubai’s crisis wouldn’t have had a major impact. A major share of the equity would have come from the consortium’s Indian partner,” he said.
Essar Realty Holdings has bid in collaboration with Leighton Contractors of India and Al Habtoor Engineering Enterprises Company of Dubai. The other bidders are Reliance Infrastructure with China Building Technique Group Company, and Australia-based Hyder Consulting.
With a height of 526 metres, it will be the world’s third tallest building, after the under-construction Burj Tower in Dubai and Freedom Tower in New York, MMRDA officials say.
The government expects to earn Rs 1,800 crore annually by way of lease. The tower will have five floors for parking, 16 for other essential services and 80 for office space and other commercial, recreational, academic and entertainment facilities. Proposed on a 1.4 lakh-sq-metre plot, it will have a built-up area around 6,000,000 sq m, based on a floor space index of 4. The concession period for the private firm will be a maximum of 35 years.
India101 December 8th, 2009, 05:05 AM Why one earth does the MMRDA keep saying its gonna be the third tallest. There's already taller builfings that have started construction like the Shanghai Tower, Burj Al-Alam, The Pentonium etc
bhargavsura December 8th, 2009, 05:49 AM Because it likes making the public happy.
Cov Boy December 8th, 2009, 12:20 PM LOL!
dreadathecontrols December 10th, 2009, 12:48 AM aint never happening
Hindustani December 10th, 2009, 03:14 AM aint never happening
hate to agree with you but its a bitter reality it seems. :ohno: hard to imagine a iconic commercial capital of south asia can never built or sell out 100-fls towers but kaula lumpur can build not one but twins.
achemsRaZor December 10th, 2009, 06:45 AM All talk - no sh#t. This one is another one of those publicity/ PR puffs
IchimaruGin1 December 10th, 2009, 11:33 AM All talk - no sh#t. This one is another one of those publicity/ PR puffs
its not a pr stunt
the gov have bent over backwards for this
everything is in place, the land the fsi and airport clearance....
no private takers...
bhargavsura December 10th, 2009, 04:54 PM I guess no one wants to build this ridiculously looking 100-floor building. If they make it more sleeker, it will definitely find some takers.
Bombay Boy December 10th, 2009, 05:43 PM the builder makes the design. this is just a render for PR
the location is probably the problem. without creating infra around it first the mmrda is going to have a tough time convincing anyone that high-end offices will relocate there
IchimaruGin1 December 10th, 2009, 06:49 PM the builder makes the design. this is just a render for PR
the location is probably the problem. without creating infra around it first the mmrda is going to have a tough time convincing anyone that high-end offices will relocate there
dude they are going to build a huge bus terminal there plus the location is walking distance to Wadala station on the harbour line (less than 1km) giving links to cst and Andheri and Bandra on the harbour line
Its about 1.2 km (1km 15min to walk for normal person) from Dadar central giving it good links to chruchgate and other sobo places.
plus the flyovers at kings circle should give it good access road wise to the eastern suburbs.
Plus on top eastern freeway coming nearby to give good connections by car to the city.
the only flaw i can see if poor access by road to western suburbs....
mumbairail December 11th, 2009, 12:46 AM I believe this area is also going to have a future metro and monorail stations as well
pimpri86 January 12th, 2010, 07:56 AM no, it wont be 3rd..even it will be 2nd in india after india tower at charni road mumbai.which already got started..
India101 January 12th, 2010, 01:10 PM It probably won't be anything. I see no hope for this tower...
dibdigc February 9th, 2010, 08:33 PM Sky-high plan comes crashing down in Mumbai
A little more than a year ago, the Mumbai Metropolitan Region Development Authority (MMRDA) officials were patting their own backs for coming up with the idea of building an iconic tower in the heart of the city. However, almost 13 months later, they haven’t even been able to take the project to the next level — that of tendering.
This fact came to light when the tenders for the Inter-State Bus Terminus (ISBT) were floated last month by the authority. As per the original plan, the ISBT was a part of the iconic tower project, which is to be constructed at Wadala. “It is true that we have indeed gone a step back as far as the iconic tower is concerned,” said a senior MMRDA official associated with the project.
“The idea behind the iconic tower was to give the city a new identity, making it easier to showcase it on the world map as a world class city. However, one must appreciate that we have gone ahead with the tendering process for the ISBT — a project that costs Rs350 crore.”
The authority plans to make some other changes. Earlier, the tower was to be at least 530m (more than 100 floors). Now the authority has come up with an idea of lowering this height to around 300m (around 80 floors). Also, the authority plans to lease out land to the successful bidder winning the iconic tower contract. The bidder can then develop the tower and run it on the built-operate-transfer basis.
According to sources in the authority, it was the poor thinking on the part of the top bosses in MMRDA which has resulted in this embarrassment. “When the iconic tower was being conceived, the real estate industry was in recession. There was no need to announce such ambitious project at that time,” said a source in the authority
Bombay Boy February 10th, 2010, 06:06 AM never going to happen, why bother? they should leave buildings to private players, take care of infra like metro lines, roads, etc
already 80+ storey buildings are under construction in bombay, dont need the mmrda to make an 'iconic' tower
jubin February 10th, 2010, 07:04 PM never going to happen, why bother? they should leave buildings to private players, take care of infra like metro lines, roads, etc
already 80+ storey buildings are under construction in bombay, dont need the mmrda to make an 'iconic' tower
i think they want to structure this like the ny/nj port authority and create a huge tower that gets annual revenue that they can amortize. their current plan of selling off land parcel is at an end and they need money.
i guess what killed it besides the usual bungling and market slowdown, is that they combined the bus terminal with the building. go figure
Bombay Boy February 10th, 2010, 07:31 PM its not the right location anyways, at least not now. charging sky-high rentals in wadala is going to be tough unless the area undergoes a massive transformation
jubin February 10th, 2010, 09:32 PM its not the right location anyways, at least not now. charging sky-high rentals in wadala is going to be tough unless the area undergoes a massive transformation
true that, currently we have views of the refinery, marsh lands and the oil depots. however, in their own muddled way they are trying to make it more viable, hence the monorail, eastern freeway, and hopefully the mthl will give it more connectivity.
there are huge tracts of land there owned by bpt, customs, et al. could become something. none of this is guaranteed of course, rather it could all blow up. but the possibility is there regardless.
Cov Boy February 12th, 2010, 01:39 AM ha ha i knew this was too good to be true!
Egg on MMRDA faces!!!
Scrap the project (not the ISBT) and concentrate on issues like developing Mumbai into a world class city and generate income from other sources.
IchimaruGin1 February 13th, 2010, 04:51 PM worrying trend though. mumbai does not have the land to expand horizontally.
Sometimes i feel we need to force the corporates into vertical buildings they are so shy to inhabit.
the iconic tower was a step in the right direction.
Bombay Boy February 13th, 2010, 06:17 PM make the policies and laws attractive for building of tall office buildings and they will sprout up by themselves. you cant force private businesses to do what the state wants. thats india of 40 years ago
sammyk February 13th, 2010, 11:20 PM i think they want to structure this like the ny/nj port authority and create a huge tower that gets annual revenue that they can amortize. their current plan of selling off land parcel is at an end and they need money.
i guess what killed it besides the usual bungling and market slowdown, is that they combined the bus terminal with the building. go figure
What's interesting about your comment is that the PANYNJ want's to build just that, a tower above the Port Authority Bus Terminal.
http://www.nytimes.com/2008/07/25/nyregion/25terminal.html
Bombay Boy February 13th, 2010, 11:47 PM the wadala bus terminal is a much older project than the 'iconic' tower. its been a decade in the making
jubin February 14th, 2010, 07:02 AM What's interesting about your comment is that the PANYNJ want's to build just that, a tower above the Port Authority Bus Terminal.
http://www.nytimes.com/2008/07/25/nyregion/25terminal.html
i was referring to the twin towers vis-a-vis the 'iconic' tower. with a soft credit and construction market, adding more constraints in terms of bundling the bus terminal and tower into one contract would have restricted the pool.
which is what happened and thus the rebid and egg on mmrda's face.
this is all just conjecture on my part mind you and as b'boy mentions they have been sitting on the bus terminal idea for a decade regardless.
bhargavsura February 14th, 2010, 07:31 AM the wadala bus terminal is a much older project than the 'iconic' tower. its been a decade in the making
I have been seeing on MMRDA's website past 4-5 years and still nothing's happening in "their plans".
sammyk February 15th, 2010, 06:52 AM i was referring to the twin towers vis-a-vis the 'iconic' tower. with a soft credit and construction market, adding more constraints in terms of bundling the bus terminal and tower into one contract would have restricted the pool.
which is what happened and thus the rebid and egg on mmrda's face.
this is all just conjecture on my part mind you and as b'boy mentions they have been sitting on the bus terminal idea for a decade regardless.
Oh I know what you were referring to.
I just found it interesting that the mentioned PANYNJ was trying to build something like this itself. Even their plans to this have been delayed.
jubin February 15th, 2010, 06:38 PM Oh I know what you were referring to.
I just found it interesting that the mentioned PANYNJ was trying to build something like this itself. Even their plans to this have been delayed.
true that. firstly the authority is busy with the freedom tower mess. secondly the market is soft in ny and finally they will need to find some credit source for real estate not the best of times for that in ny.
IchimaruGin1 March 15th, 2010, 02:39 AM आयकॉनिक टॉवरचे स्वप्न सायडिंगला
महानगरी मुंबईला आंतरराष्ट्रीय ओळख प्राप्त करून देण्यासाठी वडाळा येथे वैशिष्टय़पूर्ण असा १०१ मजली आयकॉनिक टॉवर उभारण्याचे स्वप्न गुंतवणूकदारांनी पाठ फिरविल्यामुळे भंगले आहे. त्यामुळे आता ही जागाच भाडेपट्टय़ावर देऊन त्यापोटी अडीच हजार कोटी रूपयांची कमाई करण्याचा निर्णय मुंबई महानगर प्रदेश विकास प्राधिकरणाने घेतला आहे.विशेष म्हणजे गेल्याच आठवडय़ात वांद्रे-कुर्ला संकुलातील व्यावसायिक भूखंड भाडेपट्टयावर देऊन ४३५ कोटी रूपये कमविण्यासाठी काढण्यात आलेल्या निविदांकडे गुंतवणूकदारांनी पाठ फिरविली होती.
मलेशियातील पेट्रोनास टॉवर्सच्या धर्तीवर वडाळा येथे आयकॉनिक टॉवर उभारण्याची घोषणा एमएमआरडीएने २००८ मध्ये केली होती. त्यासाठी ‘डिझाइन करा - बांधा - वापरा- हस्तांतरित करा(डिबीओटी)’ तत्वावर हा टॉवर उभारण्यासाठी निविदाही मागविण्यात आल्या होत्या. मात्र त्याकडे गुंतवणूकदारांनी पाठ फिरविली. त्यामुळे हताश झालेल्या एमएमआरडीएने या टॉवरची ऊंची ५५० मीटर वरून ३५० मीटपर्यंत म्हणजेच १०१ मजल्यावरून ७५ ते ८० मजल्यापर्यंत कमी करून नव्याने निविदा मागविण्याच्या प्रस्तावावर गेले काही दिवस प्राधिकरणात विचारमंथन सुरू होते. मात्र या प्रस्तावालाही गुंतवणूकदारांचा कितपत प्रतिसाद मिळेल याबाबत काही अधिकाऱ्यांनी शंका उपस्थित केली होती. त्यामुळे आयकॉनिक टॉवर उभारण्याचा नादच एमएमआरडीएने सोडून दिला आहे. त्याऐवजी आता हा भूखंड भाडेपट्यावर देण्याचा निर्णय घेण्यात आला आहे. त्यानुसार वडाळा ट्रक टर्मिनल येथील म्हणजेच सी ब्लॉक मधील दोन हजार ५०० चौरस मीटर क्षेत्रफळाचा व्यावसायिक भुखंड ६५ वर्षांसाठी भाडेपट्टय़ावर देण्याचा निर्णय घेण्यात आला आहे. या भूखंडावर चार लाख ९५ हजार चौरस मीटर बांधकाम अनुज्ञेय राहणार आहे. या भूखंडासाठी प्रति चौरस मीटर ५० हजार रूपये किमान भाडे आकारले जाणार असून त्यापोटी किमान अडीच हजार कोटी रूपये मिळतील अशी अपेक्षा व्यक्त केली जात आहे. त्यासाठी २५ मार्च रोजी निविदापूर्व बैठकीचे आयोजन करण्यात आले असून निविदा दाखल करण्याची अंतिम तारीख २३ एप्रिल आहे.गेल्याच आठवडय़ात वांद्रे-कुर्ला संकुलातील असाच एक भूखंड भाडेपटय़ावर देण्यासाठी एमएमआरडीएने काढलेल्या निविदांकडे गुंतवणूकदारांनी पाठ फिरविली होती. त्यावर आर्थिक मंदीमुळे या निविदांचा बोजवारा उडाल्याचा व भूखंड भाडेपटय़ाने देण्याच्या धोरणाचा फेरआढावा घेण्याची भाषा एमएमआरडीएने सुरू केली होती. मात्र त्याकडे दुर्लक्ष करीत पुन्हा एकदा निविदा काढण्यात आल्याने यावेळीही त्यास कितपत प्रतिसाद मिळेल याबाबत शंका व्यक्त केली जात आहे. यासंदर्भात एमएमआरडीएचे सहप्रकल्प संचालक(जनसंपर्क) दिलीप कवठकर यांच्याशी संपर्क साधला असता, बीकेसीतील भूखंड विक्रीला प्रतिसाद मिळाला नसला तरी वडाळा येथील भूखंड खूप मोठा असून त्याचे भाडेही कमी आहे. शिवाय याठिकाणी मेट्रो, मोनो व अन्य वाहतूक सुविधाही उपलब्ध होणार असल्याने या निविदेला चांगला प्रतिसाद मिळेल, असा दावा त्यांनी केला.
http://www.loksatta.com/index.php?option=com_content&view=article&id=54060:2010-03-11-17-45-41&catid=26:2009-07-09-02-01-20&Itemid=3
- jist, MMRDA delays the Iconic tower for the near future, but keen on persisting with the project and its by no means dropped all the way
(my personal thoughts) I think mmrda want to build it. Sooner or later when things improve they will build it. Dont think they will let anything else come up on the land.
bhargavsura March 15th, 2010, 06:11 AM Nope. When you have things planned and re planned by someone like MMRDA, you know it that the project is not seeing the light of the day.
Cov Boy March 15th, 2010, 03:56 PM Its not gonna happen, its all hype from MMRDA.
IchimaruGin1 March 15th, 2010, 03:57 PM maybe they should just a 250m building and keep things simple
IchimaruGin1 March 15th, 2010, 04:00 PM this just out
Not 101-storey tower but FSI to touch sky
Part of Wadala plot where tower was planned to be offered to pvt developer; can build 80 storeys
Unusually high Floor Space Index (FSI) in the commercial districts of Bandra Kurla Complex and Nariman Point is nothing new. But the MMRDA’s offer of an FSI of 19.8 to private developers on a plot of 25,000 square metres — part of the 14 hectares in Wadala where the agency had planned an iconic 101-storey tower— is an unprecedented high.
Plans for the MMRDA-owned iconic tower have now been shelved. It has been decided that part of the land will be leased to a private developer, who can use the FSI offer to build a tower over 80 storeys high.
The tower plan, which had come under criticism from some quarters that it showed the skewed priorities of the planning agency, would have generated a steady revenue of Rs 1,800 crore every year for the government body.
But under the new plan, the MMRDA would get a one-time sum of around Rs 2,500 crore at the rate of Rs 4,647 per sq ft of built-up area charged to the developer. The agency will start sale of bid documents on Monday.
The 46-hectare Wadala Truck Terminal land, for which MMRDA is the planning agency, has a global FSI of 4 wherein FSI from open, unused plots can be allotted as additional FSI to a plot under development.
MMRDA officials state that the change in pattern was forced by feeble response from developers when the agency started its plan to construct the 101-storey tower. In mid 2008, the agency had called for pre-qualification bids from developers interested in developing the tower and the Inter-state bus terminal at Wadala on a design, build, own, operate and transfer (DBOOT) basis.
http://www.indianexpress.com/news/not-101storey-tower-but-fsi-to-touch-sky/590901/
Effer March 16th, 2010, 06:17 AM Is their even a rendering?
India101 March 16th, 2010, 12:31 PM Nope
And damn, the MMRDA suck!
Cov Boy March 16th, 2010, 03:47 PM LOL, I thought as much and I was right!.....no 100 floor tower.
IchimaruGin1 March 16th, 2010, 04:48 PM LOL, I thought as much and I was right!.....no 100 floor tower.
80 floors is a good compromise.....
IMO with such a high fsi this can still be a good commerical/residential supertall.
still think location for this project is good.
bharatiya March 16th, 2010, 05:00 PM With an FSI of over 19 that means we can finally have a superfat supertall!
Cov Boy March 17th, 2010, 03:25 PM Thats true, 80 floors is better than nothing & still counts as a supertall.
Mumbai has buildings in the 50-60 floor range so 70-80 floors is the way fwd before 100+ floors are built.
Bombay Boy March 17th, 2010, 04:51 PM more than half a dozen buildings between 80 and 120 floors are already u/c
KuwarOnline March 17th, 2010, 05:52 PM I dont know where to post this.....but just wanted to ask guys I need small favor. I m updating the article on wikipedia.org for Tallest building in India http://en.wikipedia.org/wiki/List_of_tallest_buildings_in_India. So please if able to go and varify the details updated/added on that page are correct and if not let me know or if u want to do it urself u can edit....but make sure while editing give some references.... :)
Cov Boy March 19th, 2010, 05:51 PM more than half a dozen buildings between 80 and 120 floors are already u/c
Please name them as I cant remember them.....sorry.
Perhaps it will refresh my memory.
KuwarOnline March 19th, 2010, 08:39 PM Please name them as I cant remember them.....sorry.
Perhaps it will refresh my memory.
I dont know about 120 flr but here is the consolidated list although its not complete
http://en.wikipedia.org/wiki/List_of_tallest_buildings_in_India
off course u can contribute to it with proper reference.
IchimaruGin1 March 19th, 2010, 10:08 PM I dont know about 120 flr but here is the consolidated list although its not complete
http://en.wikipedia.org/wiki/List_of_tallest_buildings_in_India
off course u can contribute to it with proper reference.
hmm so basically we have 4, 300 plus buildings under construction.
shreepati heights
orchid hights 1 and 2
Palais Royale
plus the DB project at Marine lines (whatever its called)
so this will be the sixth 300 plus
India101 March 20th, 2010, 01:54 AM Please name them as I cant remember them.....sorry.
Perhaps it will refresh my memory.
I think he meant in the world
Cov Boy March 21st, 2010, 09:21 PM LOL I meant in India (Mumbai). ^^
Thanks for the link Kuwar & the list Ichi :)
KuwarOnline March 21st, 2010, 09:47 PM LOL I meant in India (Mumbai). ^^
Thanks for the link Kuwar & the list Ichi :)
hey updated the wikipedia article. guys please go thr whenever have little time...its worth it....let me know if any changes/suggestions for same...
http://en.wikipedia.org/wiki/List_of_tallest_buildings_in_India
parthochoudhury May 18th, 2010, 10:03 AM These idiots still dreaming about the "iconic" tower???? Moreover, lets assume it needs 350 cr INR for the truck terminal (and a similar amt if it wants to build the ISBT)...thats INR 700 cr.....what does it need the remaining INR 9300 crores for???? to build a 100+ floor tower???? whom are they kidding????
Infra projects in MMR now cost Rs 38K cr more (http://economictimes.indiatimes.com/news/economy/infrastructure/Infra-projects-in-MMR-now-cost-Rs-38K-cr-more/articleshow/5943238.cms)
(Quoting the relevant portion)
10K-cr Hike In Metro Cost
The estimate for the Metro’s nine corridors has been revised to Rs 36,000 crore from the earlier Rs 25,000 crore. Similarly, the addition of new routes to the ongoing monorail project has jacked up the estimate by Rs 10,000 crore. The introduction of a low-cost rental housing project, that seeks to create 5 lakh homes, would require a funding of Rs 10,000 crore. In addition to these, the MMRDA requires another Rs 10,000 crore to develop the Iconic tower and inter-state bus and truck terminals in Wadala.
Cov Boy May 19th, 2010, 12:29 AM 10,000 crore can be beneficial for the whole of Mumbai on roads, housing, renovation, repairs, public transport, utilities etc.
bhargavsura May 19th, 2010, 02:14 AM I sometimes feel that these people exaggerate the numbers.
Cov Boy May 20th, 2010, 12:59 AM Guessimates?
parthochoudhury May 24th, 2010, 09:36 AM This was filed today.
Seems like interest in this project has peaked thanks to the flexibility shown by MMRDA!! Ofcourse, for all u know, the dream of an iconic tower in the avatar we have known it as all along is all but over. Most likely the developer will prefer multiple towers (purely residential), but lower in height. Either ways, glad that something is finally being done. Even multiple towers (some of them possibly touching 80+, but not 100+) should be awesome. For the glory of a 100+, we might have to wait for DB Realty to finish up the Park Hyatt tower at Lines.
Lets w8 n c!!!
Iconic tower could be 100% residential (http://timesofindia.indiatimes.com/City/Mumbai/Iconic-tower-could-be-100-residential/articleshow/5966473.cms)
MUMBAI: After several failed attempts to lease out its six-acre Wadala plot for an iconic tower, the Mumbai Metropolitan Region Development Authority (MMRDA) has tweaked tender conditions, which industry sources say, may help it fetch a record price when bids are opened on Tuesday.
With a reserve price set at Rs 1,980 crore and a deferred payment schedule spread over five years with a 10% interest annually, the MMRDA's tender has suddenly generated a lot of interest among Mumbai's leading developers.
Till Friday, almost a dozen real estate companies had purchased the tender document. In 2006, Reliance Industries had paid over Rs 1,100 crore for a plot (18 acres) in the BKC.
So, what makes this land—which had no takers till recently—turn into hot property? Although earlier earmarked for a mixed-use tower (commercial and other use) for which not many showed any interest, the MMRDA recently said the winning bidder could now even set up an entirely residential project. Further, the authority also permitted construction of multiple towers instead of a single tall skyscraper.
"With a 100% residential potential, it would not be a surprise if it turns out be the largest land deal in the city," claimed a builder, adding that there will be more takers for residential than commercial. The Wadala plot has a development potential of close to 60 lakh sq ft. It was initially planned as a 101-storey commercial tower, but the MMRDA had to scale it down after it found no takers, besides facing objection from the civil aviation department.
MMRDA will lease out the 25,000 sq m Wadala land for 65 years to the highest bidder. According to the tender document, the land could be used for commercial offices, business centres, shopping malls, star hotels and restaurants, entertainment centre, health, sports facilities and residential.
The maximum permissible height of the building shall be subject to limitations, if any, set out from time to time by the civil aviation department. Subject to the provisions of the BMC Act, the allottee will have full discretion to organise inner spaces, both horizontally and vertically, to suit his requirements," it said.
The plot is situated near the inter-state bus terminal in Wadala and falls along the upcoming monorail line between Jacob Circle and Chembur via Wadala and is close to the Eastern Express Highway. Firms having an annual turnover of Rs 500 crore will be allowed to participate in the auction.
amco_in May 24th, 2010, 07:40 PM MMRDA modifies tender conditions for Iconic tower
:banana::banana::banana::banana:
The MMRDA has reportedly modified the tender conditions to lease out its six-acre Wadala plot which was earlier meant for an iconic tower, after it failed to fetch expected price.
With a reserve price set at Rs 1,980 crore and a deferred payment schedule spread over five years with a 10 per cent interest annually, the MMRDA's tender has suddenly garnered a lot of interest.
As per the new modification, the developer will be able to set up an entire residential project in the proposed plot. Further, the Authority also permitted construction of multiple towers instead of a single tall skyscraper. Earlier, the proposed land parcel was earmarked for a mixed-use tower (commercial and other use) for which not many bidders had shown interest.
The Wadala plot has a development potential of close to 60 lakh sq ft. It was initially planned as a 101-storey commercial tower, but the MMRDA had to scale it down after it found no takers, besides facing objection from the civil aviation department.
MMRDA is likely to lease out the 25,000 sq mtrs Wadala land for 65 years to the highest bidder. According to the tender document, the land could be used for commercial offices, business centres, shopping malls, star hotels and restaurants, entertainment centre, health, sports facilities and residential. The maximum permissible height of the building shall be subject to limitations, if any, set out from time to time by the civil aviation department.
source: project today
Cov Boy May 25th, 2010, 12:18 AM Thought it was too good to be true and that from MMRDA.
Multiple towers with a mixed use development sounds more feasible.
Mumbai will have to wait abit longer for its iconic tower at 100+ floors and the DB Tower will be the answer to Mumbai's supertall.
parthochoudhury May 25th, 2010, 09:02 PM My head's already spinning!!! Why are these idiots still labeling it as the 101-iconic tower when the Lodhas are making no such commitments??? Anyways, if this is true, then the iconic tower shall remain a pipe dream forever!!!
ET is reporting a blockbuster deal with Lodha to develop what was originally the plot for the iconic tower in Wadala.:banana::banana::banana::cheers::cheers::dance:
Lodha Group wins Mumbai's 101-storey tower for Rs 4,050cr (http://economictimes.indiatimes.com/markets/real-estate/news-/Lodha-Group-wins-Mumbais-101-storey-tower-for-Rs-4050cr/articleshow/5974163.cms)
MUMBAI: Realty company Lodha Crown Buildmart, a part of the Lodha Group, has bagged the contract for the ambitious 101-storey iconic tower project of the Mumbai Metropolitan Region Development Authority (MMRDA) for Rs 4,050 crore.
The bids for the 25,000-sq metre plot at Wadala where the authority is planning the iconic tower, were opened today.
Four bids were received for the project and the Lodha Group topped the bid, bagged the contract, Mumbai Metropolitan Region Development Authority (MMRDA) said today.
While Lodha bid Rs 4,050 crore, Sunteck India bid Rs 3,465 crore, Indiabulls Real Estate Rs 3,327 crore and Gaurhari Estate Rs 2,251 crore.
Lodha Group managing director Abhishek Lodha said the company is initially planning to carry out residential development on the site. "It is a huge project. At present, it is too premature to say how we would be developing the land. At this moment we are primarily planning to develop the site for residential purpose," Lodha told PTI.
He said the group would enjoy the advantage of the upcoming monorail and metro rail both converging at Wadala. Besides, the new freeway being built along the harbour would also joining there, thus ensuring very good connectivity.
Lodha said owing to the deferred payment schedule offered by MMRDA, the group would have to make an investment of about Rs 400 crore for developing over 75 lakh sqft, which is the expected saleable area.
An MMRDA statement said the winner of the bid would have to construct the outer shell and provide all basic amenities including fire resistant, security, lifts, communication systems and electrification, among others.
The MMRDA has set a reserve price at Rs 1,980 crore and a deferred payment schedule spread over five years with a 10 per cent interest annually.
The company is planning to quote a sale price at Rs 14,000 per sq ft, he said.
Another link - Thankfully, Reuters avoids any mention of the iconic tower, though clearly the location is the same:
India's Lodha wins Mumbai plot in record deal (http://in.reuters.com/article/domesticNews/idINSGE64O0GX20100525)
MUMBAI, May 25 (Reuters) - Indian real estate firm Lodha Developers paid more than twice the asking price to win a plot of land in central Mumbai for 40.5 billon rupees ($850 million), in what is seen as the single largest land transaction in the city.
Lodha, which plans to launch a $650 million initial public offering later this year, wants to build a 105 billion rupee residential development on the 25,000 sq metre site, the company said on Tuesday.
"This is the biggest (financial) deal for a single plot so far in Mumbai," said Sanjay Dutt, chief executive at property services firm Jones Lang LaSalle Meghraj.
The Mumbai Metropolitan Region Development Authority had set a minimum price of 19.8 billion rupees for the plot.
And the previous record for an 18 billion rupee deal to build a commercial complex in neighbouring Navi Mumbai was set in April 2008.
"We think this is an aggressive price based on very optimistic demand forecast," Dutt said.
Land auctions in Mumbai, India's financial capital, attract huge interest from developers desperate for stock in the land-starved city, but skyrocketing prices have meant most recent auctions by the development authority have been unsuccessful.
Property prices in major Indian cities such as Mumbai and Delhi have nearly doubled in the past year, as home and office buyers return and mortgage rates remain in single-digits. Mumbai is rated among the most expensive office locations in the world.
"With the upcoming monorail and metro rail both converging here and the new freeway being built along the harbour also joining, this site will be the most well-connected in the city," said Abhisheck Lodha, managing director, Lodha Developers.
The Mumbai-based developer focuses on high-end residential apartments in and around India's financial capital. ($1=47.7 rupees)
So this is how I am feeling now::tiasd:
Illusionist May 25th, 2010, 10:39 PM it is 1 billion dollars. its a lot of money for a single building..
Cov Boy May 25th, 2010, 11:35 PM I dont think thery will build any super tall building.....its will be a series of mid rises and one 60 floor building would be my guess.
bharatiya May 25th, 2010, 11:39 PM and prob all residential for the super rich :ohno:
Cov Boy May 25th, 2010, 11:44 PM ^^ Of course! There are alot of rich people in Mumbai as well as the poor.
IchimaruGin1 May 25th, 2010, 11:59 PM hmm i agree with what cov boy has said.
Personally i really hope they dont be stupid and go for a more sustainable approach.
parthochoudhury May 26th, 2010, 12:30 AM Now that it is clear that a 101+ flr iconic tower is most probably one of many (and perhaps the least likely) options being considered by the Lodhas, shouldnt the title of the thread reflect that??
Cov Boy May 26th, 2010, 12:56 AM Its far too early yet what the Lodha's are doing since nothing has been confirmed, they have just won the deal.
It will be some months until we know the definite plan.
We are all speculating here since it would make sense for a series of buildings instead of just one supertall for the developer. More buildings = maximum returns.
bhargavsura May 26th, 2010, 02:11 AM it is 1 billion dollars. its a lot of money for a single building..
Just wondering the amount of money people in India have man. Crore ke sivaah baat hi nahi banti.
India101 May 26th, 2010, 09:17 AM One good thing that Lodha is building this is that if it doesn't run into any hurdles it will be built it ~3-4 years.
But we shouldn't get too optimistic right now, though I feel there is a much better chance of it getting built now that the MMRDA is out of this.
India101 May 26th, 2010, 01:05 PM Rs 4,053 crore bid for MMRDA's Iconic Tower (http://business.rediff.com/report/2010/may/25/rs-4053-crore-bid-for-mmrda-iconic-tower.htm)
The Mumbai Metropolitan Region Development Authority on Tuesday received huge response for its Iconic Tower in Wadala (a Mumbai suburb) with Lodha Crown Buildmart Pvt Ltd quoting more than double the reserve price of Rs 40,000 per sq mt.
Lodha Crown quoted Rs 81,818.18 per sq mt, bringing in around Rs 4,053 crore (Rs 40.53 billion) for the MMRDA.
The other three bidders were Sunteck India Pvt Ltd (Rs 3,465 crore -- Rs 34.65 billion), Indiabulls Real Estate Ltd (Rs 3,327.50 crore – Rs 33.275 billion) and Gaurhari Estate Pvt Ltd (Rs 2,251.99 crore -- Rs 22.512 billion).
The Mumbai Metropolitan Region Development Authority had invited bids for developing the iconic structure at Wadala on Design, Build, Own, Operate and Transfer (DBOOT) basis.
"We are happy at the response. In fact, we have received more than double of the reserve price. I am sure, the Iconic structure, once completed, would assume significant relevance and attract international business to the State," said S V R Srinivas, additional metropolitan commissioner, MMRDA.
The iconic structure will offer 50 lakh sq ft (5 million sq ft) of built-up area with eco-friendly systems which include energy conservation, re-cycling of water and also re-cycling of heat generated by the air-conditioners and such other heat generating systems.
The bid-winning developer is expected to construct the outer shell with provision of all basic amenities including security, lifts, communication systems, electrification, etc. The interiors of various premises would be left to the occupants to control the construction costs as most occupants, more often than not, show their own penchant for the interiors of their premises.
For found this render from somewhere. Remember Nitro posted it back some time -
http://im.rediff.com/money/2010/may/25tower.jpg
bhargavsura May 26th, 2010, 05:25 PM Whatever it is, just start the development.
IndianGangsta July 13th, 2010, 09:34 PM whats going on with this tower?
williemore July 14th, 2010, 12:02 AM is there an iconic tower nemore? n who's building it then? Lodha has a residential project coming up in that space... so is Lodha project n Iconic tower the same?
bhargavsura July 14th, 2010, 05:12 AM When the government takes up such projects, its more of a hype rather then implementing it.
India101 July 14th, 2010, 06:56 AM Lodha has taken up this project only a few months ago. It takes some time for all the plans to be ready.
bhargavsura July 14th, 2010, 07:55 AM ^^
I was talking about the iconic tower that "they are planning" in Wadala.
India101 July 14th, 2010, 08:40 AM Sorry, I was talking to Indian Gangsta.
devendra1 July 14th, 2010, 08:51 AM ^^
I was talking about the iconic tower that "they are planning" in Wadala.
I think the height has been reduced to 80 floors and this is different one than Lodha, who is planning probably a 540 m skyscraper there
India101 July 14th, 2010, 09:02 AM 540m won't be allowed. When the MMRDA were be building this, they had to reduce the the height because it is in or near a flight path. Lodha will have to only be allowed to build at 480-90m max.
Effer July 16th, 2010, 06:22 AM There still ain't no rendering?! :rant:
IndianGangsta July 16th, 2010, 02:18 PM so any news?
India101 July 17th, 2010, 02:58 AM :doh: I just said we will have to wait a while.
sumant July 17th, 2010, 06:33 AM They are not building the tower .The iconic tower project has been shelved few months back
http://www.indianexpress.com/news/not-101storey-tower-but-fsi-to-touch-sky/590901/
ankit.pokes July 17th, 2010, 07:31 AM 80 seems to be a lucky figure for mumbai.....
India101 July 17th, 2010, 07:48 AM Sumant, that was the MMRDA's tower that was shelved, not Lodha's. Though Lodha may still not build a tower, but they are gonna build something iconic. We'll just have wait.
Bombay Boy July 17th, 2010, 08:24 AM since lodha just won the bid and also just announced their first iconic tower they will probably wait for some time to release any news about this one. i dont see any real news on this for a few months at least
if in between any developer announces a big project (hello dlf/db?) then expect to wait for some more time. no one wants to share media space
Cov Boy July 20th, 2010, 12:53 AM I think this thread should be closed since the project wa shelved.
It aint gonna happen this building.
IndiansUnite July 20th, 2010, 01:59 AM Cov Boy, Lodha owns the land (actually leasing it for 65 yrs) and will be paying the MMRDA each year by the deferred payment plan that they've agreed on. Based on that, I'm sure Lodha will like to recover their investment, right? They've got 22.5 acres to develop so I'm sure they'll be redirecting their energies to construct at least one tower in Wadala once World One takes off.
For all we know, the project could be in the design mode at this very moment. We'll just have to wait and watch out.
williemore July 20th, 2010, 02:53 AM I think this thread should be closed since the project wa shelved.
It aint gonna happen this building.
Are you Lodha? truth plz... :)
occupiedinthought July 20th, 2010, 03:01 AM Yea...give the folks some time...they just won the auction less than a couple of months ago...
Ideally they would have like the monorail to start operation along that route before they really start selling space...
Monorail + Eastern Freeway = key to build interest in that plot...
Cov Boy July 20th, 2010, 02:38 PM Change the name of the thread at least.
No tower has been announced & waiting for annoucements is futile.
We are just speculating on events.
India101 July 20th, 2010, 02:46 PM ^It was changed to "Lodha Project", isn't that enough?
IchimaruGin1 July 20th, 2010, 03:02 PM ok can anybody point the plot out on a map?
IndiansUnite July 23rd, 2010, 06:29 AM ^^ The site is pretty far from Wadala and right between Antop Hill, Sion and Chembur:
http://img517.imageshack.us/img517/7884/wadala.jpg
India101 July 23rd, 2010, 06:47 AM Damn, and I was thinking it would be down near Dadar, it is on the edge of the suburbs. No wonder the MMRDA had to reduce their project from 101fls to 80fls before it was shelved.
occupiedinthought July 23rd, 2010, 11:13 AM though mmrda has huge plans to build that area up as a business district. Monorail, Eastern freeway and a future metro route etc to provide more connectivity..
Here's another article
http://timesofindia.indiatimes.com/city/mumbai/Wadala-business-district-will-have-pubs-art-galleries/articleshow/6140575.cms
MMRDA wants to strike deals in that area...Also expect to see the Truck Terminal moved to Navi Mumbai and the ISBT plot size reduced and auctioned off for more commercial/residential property.
RCF is commercializing part of their land (further up north)...and who knows in the future RCF may pack its bags and leave opening up large swathes of land...
So yes..the eastern seaboard in general is looking up
samir316 July 26th, 2010, 02:42 PM ^^ The site is pretty far from Wadala and right between Antop Hill, Sion and Chembur:
http://img517.imageshack.us/img517/7884/wadala.jpg
are you sure that this is the location, because it sucks its next to Bhakti Park and the rCF factory there is ammonia smell throughout
IchimaruGin1 July 26th, 2010, 04:30 PM IU and others
thats not even Wadala are MMDRA on drugs ?
seems like a Sion/Chembur project to me...
and as the poster above me said, if its right next to a fertilizer factory that place is not going to be premium.
I dont know why a service based centre like Mumbai even has a fertilizer factory, but thats another issue. I somehow very very much doubt that this project is going to take off based on that location.
It will be built. But not a 500plus supertall thats for sure. I can see 2-3 200m towers. But thats it.
Plus side it atleast well connected to monorail nearby. For some reason i was under the impression that you could walk to it (1km or less) from Dadar and Wadala stations.
IchimaruGin1 July 26th, 2010, 04:51 PM ok did some more digging
its about 1km-1.2km or 12 to 15min walking distance exactly from the Harbour line station Guru Teg Bahadur Nagar.(as the map shows)
connection to western side via interchange at Wadala road. Or they need to run more trains from Andheri to Panvel. for central railwayF change at Kurla and take the harbour to CST or Andheri.
Eastern freeway will pass really nearby it. Cause its right along sweri chembur road. Plus EEH should come into play once the flyover at Suman Nagar is complete making connections to the eastern burbs very strong by road.
Monorail like i mentioned before
and hear is the biggest news
Mumbai metro line 2 runs from Dahisar to Mankhurd.
there is a stop less than 1km from the site at Rc MArg giving this site excellent connectivity to the western burbs BKC and Central brubs via metro and suburban railway. (must note that they still have to finalise the exact route for Mumbai metro 2 but i am sure they will make the station less than 1km nearby)
Only catch it that it seems to be surrounded by slums.
If MMDRA are serious about making a CBD in that area. They need to expand GTB Nagar station to handle more people and clear the slums. Plus persuade Reliance to make RC marg metro station as close as possible to this new development.
Bombay Boy July 26th, 2010, 05:47 PM its wadala. its right next to the imax
williemore July 26th, 2010, 08:04 PM IU and others
thats not even Wadala are MMDRA on drugs ?
seems like a Sion/Chembur project to me...
and as the poster above me said, if its right next to a fertilizer factory that place is not going to be premium.
I dont know why a service based centre like Mumbai even has a fertilizer factory, but thats another issue. I somehow very very much doubt that this project is going to take off based on that location.
It will be built. But not a 500plus supertall thats for sure. I can see 2-3 200m towers. But thats it.
Plus side it atleast well connected to monorail nearby. For some reason i was under the impression that you could walk to it (1km or less) from Dadar and Wadala stations.
Mumbai was a textile/ industry first and a service industry later... but i won't be surprised if RCF decide to pack their bags and move outta city... considering the price it will fetch 'em, they i presume are already thinking about the move... HPCL is already exploring options in Ratnagiri... sooner or later these industries will move out... n m sure MMRDA wud want to explore all options of turning the wadala land into a lucrative business... even slum rehabilitation... let's c how long it takes before it happens...
IndiansUnite July 27th, 2010, 03:14 AM Ichi, the site I marked is known as the Wadala truck terminal. Like I said, it's far from proper Wadala and actually closer to Sion/Chembur. Imax is also more closer to Chembur but they consider that Bhakti Park area to be in Wadala for reasons unknown to me.
Inception July 31st, 2010, 06:55 AM ICONIC PROJECT
Cluster of smaller towers may come up at Wadala
Ashley D’Mello I TNN
Mumbai: The iconic tower coming up in Wadala may be surrounded by a cluster of smaller towers. This is one of the plans that the developers have in mind as they examine the various models that have been suggested for the complex.
The iconic tower is a Rs 4,050 crore project that is slated to have the country’s tallest residential tower. The tower is likely to be over 101 floors talls.
The Lodha Group is currently examining various models sent by international architectural firms for the 25,000 -sq-mt plot. “We have been looking at various plans sent by leading international firms but have not finalised any of them,’’ said Abhishek Lodha, managing director of Lodha Group, adding that they will have a complex, mainly with residential and commercial outlets.
Lodha said the plan is to have one tower in the complex that goes above 100 storeys in keeping with earlier discussions on the issue with the Mumbai Metropolitan Region Development Authority (MMRDA), which has sold them the plot.
MMRDA officials said the complex will be connected with Metro and monorail routes.
Sources said Lodha has already examined in detail the models submitted for the project and decided to ask for more submissions from other firms abroad. “We are looking for a model which has a good design, shows good use of space and uses FSI to the optimum. So we are asking for other submissions because all three criteria are important,’’ they said. The Lodha Group had sent one of the models to the commissioner, Ratnakar Gaikwad, for a look. “We are developing the projects on our own but we are keeping the MMRDA informed about the key developments. This model has been developed by a New York-based architectural firm,’’ said Lodha
http://epaper.timesofindia.com/Repository/getimage.dll?path=TOIM/2010/07/31/13/Img/Pc0130900.jpg
http://epaper.timesofindia.com/Default/Client.asp?Daily=TOIM&showST=true&login=default&pub=TOI&Enter=true&Skin=TOINEW&GZ=T&AW=1280548556750
India101 July 31st, 2010, 07:18 AM The having started construction on their first tallest residential building in India, and they've already started their next.
IndiansUnite August 3rd, 2010, 01:16 PM This is the design presented by Callison architects (http://www.callison.com/ourWork/index.cfm?display=project&Project_ID=204) to Lodha group:
PINNACLE TOWERS
Lodha Group
Living the high life
As one of the tallest buildings to grace India’s skyline, the 525 meter Pinnacle Towers proposes a high-rise living paradigm shift for Mumbai. Maximizing expansive views of the city’s eastern seaboard, two inter-connected towers accommodate a mix of residential, commercial office and hospitality uses atop a retail podium. A series of community recreational facilities clustered in eight-floor segments feature sky gardens and infinity swimming pools, evoking a village feeling for residents and hotel patrons alike.
http://img16.imageshack.us/img16/3609/pdpinnacletowers1.jpg
PROJECT DETAILS
Mumbai, India
698,000 sm Total
(7.51 million sf)
85,000 sm Retail
125,000 sm Office
850 units Residential
150 key 4-Star Hotel
300 key 5-Star Hotel
8,000 Parking Spaces
http://img576.imageshack.us/img576/7637/pdpinnacletower2b.jpg
http://img28.imageshack.us/img28/7825/pdpinnacletower3.jpg
KuwarOnline August 3rd, 2010, 01:24 PM ^^ :master:
IchimaruGin1 August 3rd, 2010, 01:59 PM MOTHA FCUKER
omg this is awesome
though slightly disappointed its mixed use and not fully office/retail
India101 August 3rd, 2010, 02:07 PM Son of a muda fcuker! That looks freakin awesome.
Nitro August 3rd, 2010, 02:12 PM ^^
wow, great find IU.
we gotta take our hats off to Lodha for their ambition alone
IchimaruGin1 August 3rd, 2010, 02:16 PM hmm does this site have a thread in the international section or proposed supertalls
sathya_226 August 3rd, 2010, 02:16 PM ^^^ then you need to applaud me as ima having much bigger ambitions than Lodha of building a 2km tall tower in mumbai.. ;) , Bhai., we will give them a round of applause when they finish their current super tall projects. Dont expect anything, then only u will get something to cheer....
Do u remember the project centre of India Tower, Katangi....
Cheers..
GJ10 August 3rd, 2010, 02:23 PM :drunk:
Love it!
India101 August 3rd, 2010, 02:24 PM Its too early for starting an international thread. This may not be the final design.
Nitro August 3rd, 2010, 02:24 PM ^^^ then you need to applaud me as ima having much bigger ambitions than Lodha of building a 2km tall tower in mumbai.. ;) , Bhai., we will give them a round of applause when they finish their current super tall projects. Dont expect anything, then only u will get something to cheer....
Do u remember the project centre of India Tower, Katangi....
Cheers..
hahaha....ok then here is your :applause:
yes u r right i should reserve my judgement until they finish building it...but still its good to be optimistic
yes i remember that project...to be honest it wasnt the most attractive supertall ever designed.lol...so maybe its not such a bad thing that one didnt get built.lol
India101 August 3rd, 2010, 02:36 PM Centre of India tower was never going to see the light of day being built by Yogi. And that had a horrible location. But this project is totally different, it is being built in a city by a proper firm.
Bombay Boy August 3rd, 2010, 02:49 PM love the height, but the design is seriously meh. surely someone can come up with a sexier design. this will be the beast to india tower's beauty
ankit.pokes August 3rd, 2010, 03:39 PM that is damn outta nowhere...indeed awesome....lodha group is driving me crazy!!!!
shreyansh August 3rd, 2010, 04:26 PM del
sathya_226 August 3rd, 2010, 04:38 PM hahaha....ok then here is your :applause:
yes u r right i should reserve my judgement until they finish building it...but still its good to be optimistic
yes i remember that project...to be honest it wasnt the most attractive supertall ever designed.lol...so maybe its not such a bad thing that one didnt get built.lol
lol ..... Even i too think the same... But i was trying to tell u about the false promises being made by the developers and governements over many years in india....
bhargavsura August 4th, 2010, 02:18 AM This is the design presented by Callison architects (http://www.callison.com/ourWork/index.cfm?display=project&Project_ID=204) to Lodha group:
PINNACLE TOWERS
Lodha Group
Living the high life
As one of the tallest buildings to grace India’s skyline, the 525 meter Pinnacle Towers proposes a high-rise living paradigm shift for Mumbai. Maximizing expansive views of the city’s eastern seaboard, two inter-connected towers accommodate a mix of residential, commercial office and hospitality uses atop a retail podium. A series of community recreational facilities clustered in eight-floor segments feature sky gardens and infinity swimming pools, evoking a village feeling for residents and hotel patrons alike.
http://img16.imageshack.us/img16/3609/pdpinnacletowers1.jpg
PROJECT DETAILS
Mumbai, India
698,000 sm Total
(7.51 million sf)
85,000 sm Retail
125,000 sm Office
850 units Residential
150 key 4-Star Hotel
300 key 5-Star Hotel
8,000 Parking Spaces
http://img576.imageshack.us/img576/7637/pdpinnacletower2b.jpg
http://img28.imageshack.us/img28/7825/pdpinnacletower3.jpg
Son of a Bitch! Fantastic. This is what Mumbai needs. Sleek, sexy and skyrocketing! Brilliant Find, IU! :cheers:
(Quoting it so that people don't have to go back and forth).
ashwa August 4th, 2010, 03:00 AM What is the role of MMRDA in this?? i'm confused.
occupiedinthought August 4th, 2010, 03:11 AM The plot belonged to MMRDA, who had plans to build the tower while retaining control of the land and hence (erstwhile MMRDA tower)
They changed the plan and sold it to Lodha giving them tons of FSI and a staggered payment scheduled with a condition that they still go ahead and build something 'iconic'...
bhargavsura August 4th, 2010, 05:03 AM Yes this one is surely an iconic structure. Lets hope it gets built.
mihir1310 August 4th, 2010, 05:29 AM Awesome IU ..
Lets get more confirmation , probably pictures of the site before going to the international forums
Effer August 4th, 2010, 11:07 PM http://img576.imageshack.us/img576/7637/pdpinnacletower2b.jpg
Why hello there gorgeous. :drool:
Jai August 5th, 2010, 09:54 AM That's just one of the proposals. The next thing to do is get a list of what firms have submitted proposals, and then start scanning their websites for renderings
sathya_226 August 5th, 2010, 02:43 PM That's just one of the proposals. The next thing to do is get a list of what firms have submitted proposals, and then start scanning their websites for renderings
Aur koi kaam nai hai kya? :bash:
Cov Boy August 5th, 2010, 11:23 PM This is more like it!
Looks and sounds too good to be true.
european August 6th, 2010, 01:09 AM ^^ agreed, yet another project which we will forget about in few months
IndiansUnite August 6th, 2010, 02:55 AM ^ Speak for yourself mate. Don't rope in everyone to believe in what you believe.
anyhow, this is what was published in the TOI (http://www.skyscrapercity.com/showpost.php?p=61206543&postcount=155) 5 days ago:
Sources said Lodha has already examined in detail the models submitted for the project and decided to ask for more submissions from other firms abroad. “We are looking for a model which has a good design, shows good use of space and uses FSI to the optimum. So we are asking for other submissions because all three criteria are important,’’ they said. The Lodha Group had sent one of the models to the commissioner, Ratnakar Gaikwad, for a look. “We are developing the projects on our own but we are keeping the MMRDA informed about the key developments. This model has been developed by a New York-based architectural firm,’’ said Lodha
The NY based firm has to be Pei Cobb Freed & Partners - the architects behind their World One tower. An image showing the model:
http://img836.imageshack.us/img836/6595/lodhany.jpg
european August 6th, 2010, 06:31 AM ok in that case we will just wait and see. i am not trying to pick an argument if its built that will be amazing.
Bombay Boy August 6th, 2010, 06:43 AM which others?
if someone has paid 4k crores i am sure he is going to make something at the end of it :nuts:
KuwarOnline August 6th, 2010, 08:28 AM ^^ nice BB... heheh its nice point, if he paid 4k core or US$ ~852 million just for land...then he will built some thing nice :)
Jai August 6th, 2010, 09:44 AM Aur koi kaam nai hai kya? :bash:
I've already put in my work.
IchimaruGin1 August 6th, 2010, 09:59 AM ^ Speak for yourself mate. Don't rope in everyone to believe in what you believe.
anyhow, this is what was published in the TOI (http://www.skyscrapercity.com/showpost.php?p=61206543&postcount=155) 5 days ago:
The NY based firm has to be Pei Cobb Freed & Partners - the architects behind their World One tower. An image showing the model:
http://img836.imageshack.us/img836/6595/lodhany.jpg
eww
v-8ras August 6th, 2010, 03:18 PM http://img836.imageshack.us/img836/6595/lodhany.jpg
WTF. If they ever make that, it would create a rain shadow region on the other side. We don't need a bigger wall than the Planet Godrej. :bash:
simba404 August 6th, 2010, 08:52 PM where exactly is this project located? I wanna go there....
occupiedinthought August 6th, 2010, 10:57 PM ^^
Next to the Wadala Truck terminal (near IMAX)...you wont find anything there yet though
bhargavsura August 7th, 2010, 12:24 AM And in case if you go there, take a camera with you and get us some updates.
India101 August 7th, 2010, 07:21 AM Nothing would have happened at the site.
simba404 August 7th, 2010, 07:46 PM these days , i have been driving around to take pictures of some project, espcially form DB, INDIABULLS, LODHA. I just donot know the address.....next time, I will post some pictures
simba404 August 7th, 2010, 07:47 PM by the way , today I see the world one site prep, seems years later.....it will happens
samir316 August 11th, 2010, 09:39 AM Ok based on the map posted by Indians Unite.. these are the pictures of the site. I highly doubt that this is the right site because
1) Monorail construction is going on inside
2)It looks too small to be 25,000-sq metre
http://img820.imageshack.us/img820/5174/11082010658.jpg
http://img180.imageshack.us/img180/7641/11082010659.jpg
http://img835.imageshack.us/img835/3213/11082010660.jpg
occupiedinthought August 11th, 2010, 09:44 AM This might be the casting yard for Mumbai Metro. Thats somewhere near IMAX as well...
samir316 August 11th, 2010, 09:53 AM the casting yard is much before this... on the right side when you are coming from Chembur
occupiedinthought August 11th, 2010, 10:00 AM Aaah ok...btw how does the monorail construction look in that stretch ? Any pics to share in the monorail thread ?
India101 August 11th, 2010, 10:11 AM Samir, are you sure it's not the site. On Google Earth it seems huge.
samir316 August 11th, 2010, 10:32 AM The site is pretty big, but if you see the 3rd pic.. there is some flyover construction happening inside. That is what seems weird.
@occupiedinthought: the monorail construction is in full swing should be ready by early 2011. Will post some pics tomo
IndiansUnite August 11th, 2010, 06:52 PM Samir, thanks for the effort. The lodha project is coming up on the block which is right between the metro/monorail casting yards and the yard of which you took the images.
This map shows who's using what part of that area. I'm absolutely sure about the location monorail and metro yards.
I might have mixed the eastern freeway and jkumar's yard but this arrangement (with simplex's projects side by side) seems to be about right.
You took pics of JKumar's yard (shown in blue) which is why you see a flyover segment in this picture (http://img835.imageshack.us/img835/3213/11082010660.jpg).
http://img22.imageshack.us/img22/8587/wadala1.jpg
http://img413.imageshack.us/img413/2079/wadala2.jpg
amhrpi August 12th, 2010, 02:47 AM IU. Respect.
bharatiya August 12th, 2010, 02:52 AM +1
samir316 August 12th, 2010, 04:06 PM Samir, thanks for the effort. The lodha project is coming up on the block which is right between the metro/monorail casting yards and the yard of which you took the images.
This map shows who's using what part of that area. I'm absolutely sure about the location monorail and metro yards.
I might have mixed the eastern freeway and jkumar's yard but this arrangement (with simplex's projects side by side) seems to be about right.
You took pics of JKumar's yard (shown in blue) which is why you see a flyover segment in this picture (http://img835.imageshack.us/img835/3213/11082010660.jpg).
http://img22.imageshack.us/img22/8587/wadala1.jpg
http://img413.imageshack.us/img413/2079/wadala2.jpg
Simply Brilliant bro :bow::bow:
Ok so land that you are saying is going to be used in the Lodha Project is the truck terminal. WIll take some pics of that . The issue is that the terminal is still very much active and the land is not handed over to Lodha as yet and while speaking to a Lodha Rep he told me that the booking for this project will start within this year itself . So I am a bit confused
samir316 August 13th, 2010, 09:14 AM Ok so now I am guessing I have taken the rights pics..
The truck terminal is very much active so I dont see this project starting anytime soon
http://img217.imageshack.us/img217/5408/13082010663.jpg
http://img5.imageshack.us/img5/9834/13082010664.jpg
The petrol pump .. Vikas Motor Co which is supposedly part of the land
http://img245.imageshack.us/img245/1210/13082010666.jpg
and finally the monorail construction :)
http://img24.imageshack.us/img24/7428/13082010667.jpg
KuwarOnline August 13th, 2010, 09:51 AM ^^ great update.. nice to see monorail progress :)
IndiansUnite August 13th, 2010, 11:01 AM Samir, thanks for the pics. :) As you must have read on the previous pages, Lodha is still evaluating the best design to choose and build. Once they do that and have the funds tied up, they'll launch the project and the truck terminal will become history. The MMRDA is already scouting for sites in Navi Mumbai, Thane and Borivali.
India101 August 13th, 2010, 02:06 PM Cheers Samir.
Though I don't see that design making it through, well not at that height at least. 500m+ is way to high for that area.
IndiansUnite August 13th, 2010, 06:01 PM There's nothing wrong with the height in Callison's design. The original Iconic tower was supposed to rise to 526 meters so that's one of the technical parameters the Lodhas have asked all the architects to stick to.
Also nothing wrong with the area since it'll see a lot of development in the coming years thanks to the monorail, eastern freeway and later the metro. The MMRDA in the meantime is planning on selling off the rest of the land that's there around the truck terminus.
Bombay Boy August 13th, 2010, 08:15 PM who would have thought 10 years ago that a 700m+ building would be standing in the middle of the desert ;)
occupiedinthought August 13th, 2010, 09:35 PM ^^
Not to mention RCF which will eventually pack up and leave (They have already approved redevelopment of their quarters)...and have set up another huge plant somewhere in the konkan...
Also BPCL owns the other large tract of land there and they might downsize as well...
I remember many years ago my dad was getting a good deal in bhakti park (as bombay boy mentioned middle of the desert)...dont think the imax was up yet and was a forgotten unreachable part of bombay...he didn't take up the option because it was close to RCF , transport etc....
How things are changing now.......he would have been laughing all the way to the bank had we bought that one then....
bhargavsura August 14th, 2010, 02:42 AM There's nothing wrong with the height in Callison's design. The original Iconic tower was supposed to rise to 526 meters so that's one of the technical parameters the Lodhas have asked all the architects to stick to.
Also nothing wrong with the area since it'll see a lot of development in the coming years thanks to the monorail, eastern freeway and later the metro. The MMRDA in the meantime is planning on selling off the rest of the land that's there around the truck terminus.
Yes. Monorail is certainly doing justice to Wadala. Before that there weren't lot of development articles related to Wadala. Now, I just hope that the authorities try to do a good job. They definitely have a chance to develop this end of the city because if this building comes up, builders would be looking for a cluster.
who would have thought 10 years ago that a 700m+ building would be standing in the middle of the desert ;)
May be that's a reason to make a desert blossom with cluster of buildings, may be some 80 floor ones.
Coolguyz August 14th, 2010, 07:14 AM Hope this clears everything
http://img514.imageshack.us/img514/8102/30348259.png (http://img514.imageshack.us/i/30348259.png/)
Coolguyz August 14th, 2010, 07:16 AM http://img696.imageshack.us/img696/2415/58078889.png (http://img696.imageshack.us/i/58078889.png/)
Coolguyz August 14th, 2010, 07:25 AM The truck terminus is being refurbished with roads being concretised.It also houses all the allied truck related infrastructure like offices of transport companies, truck repair shops. The terminus isn't going anywhere as long as MBPT is running.All the trucks who wants to enter mumbai or want to go to port have to make a halt here as they cant enter mumbai during day time, so this place acts as a transit point for them.
IndiansUnite August 14th, 2010, 07:54 AM Coolguyz is right. It always helps when we've got locals on board the forum. :) Apologies from my side for showing the wrong plot. I was always under the impression that a portion of the truck terminal was sold off to the Lodhas.
Satellite image with the aerial view render from Callison's design for comparison:
http://img541.imageshack.us/img541/4628/actuallocation.jpg
The truck terminus is being refurbished with roads being concretised.It also houses all the allied truck related infrastructure like offices of transport companies, truck repair shops. The terminus isn't going anywhere as long as MBPT is running.All the trucks who wants to enter mumbai or want to go to port have to make a halt here as they cant enter mumbai during day time, so this place acts as a transit point for them.
Here's a recent article that talks about the MMRDA planning on moving the truck terminal and ISBT to other locations - http://www.hindustantimes.com/Planning-agency-may-relocate-truck-terminus/Article1-557345.aspx
Coolguyz August 14th, 2010, 08:44 AM Here's a recent article that talks about the MMRDA planning on moving the truck terminal and ISBT to other locations - http://www.hindustantimes.com/Planning-agency-may-relocate-truck-terminus/Article1-557345.aspx[/QUOTE]
Yea, even I have read that article but the problem is NH 8 which starts at Dahisar connects Mumbai to delhi is way too crowded,its the busiest in terms of truck traffic, the area around octroi in dahisar serves for the trucks coming from North plus the octroi near the Vashi bridge takes way too long to clear all the trucks which comes from the South and eastern side of the country so as quickly as trucks gets clearence from the octroi they need some place close to city where they can stay for the day and move towards the ports in the night without getting any delayed. Same goes for the buses, most of the long distance interstate buses leave at night and there arent much space in the city for them to park or service vehicles during daytime.
Conclusion is this is the right place for ISBT and truck terminus.
In the future it could change, if MTHL is built, so that they dont have to enter through any of the mumbai's arterial roads as octroi will be built on the Vashi side and they could enter directly into the ports at Sewri from NH 3 and NH 17
bhargavsura August 15th, 2010, 05:20 PM It will be so cool if the image on the right actually comes up.
ashwa August 15th, 2010, 06:27 PM Oh man the monorail is just ugly. I really hope they ladscape or do something to make it look pretty!
bhargavsura August 15th, 2010, 07:54 PM What's wrong with it?
India101 August 28th, 2010, 07:27 AM The tower is expected to be launched in 4 months (December) and will be 101 floors -
MMRDA expects Rs1,671-crore as interest from iconic towerproject (http://www.dnaindia.com/mumbai/report_mmrda-expects-rs1671-crore-as-interest-from-iconic-towerproject_1429175)
The Mumbai Metropolitan Region Development Authority is likely to earn Rs1,671-crore by way of interest from a land-deal from its iconic tower project to be constructed by realty major, the Lodha Group, at Wadala.
In May this year, Lodha Crown Build Mart, had emerged as the highest bidder for the project by quoting Rs81,818 per square metre which fetched around Rs4,050-crore for the Authority.
As per the deal between the two entities, the Lodha Group has been given an option to pay the premium cost in installments over the next five-years.
"In that case, the company would have to pay us interest to the tune of Rs1,671-crore. Thus we expect to get a total of Rs5,721-crore from the deal," MMRDA's additional metropolitan commissioner, SVR Srinivas, said after a MMRDA review meeting of on-going projects with Chief Minister, Ashok Chavan, today.
Srinivas said Chavan gave a formal approval for sale of the Wadala land to the Lodha Group for the development of the 101-storey iconic tower.
According to a Lodha Group source, the project is likely to be launched by December end.
shreyansh August 28th, 2010, 09:34 AM That's good news
SSCaddict August 28th, 2010, 08:13 PM i am sure that shiv sena will be closely monitoring this one :bash:
bhargavsura August 29th, 2010, 05:52 AM Lets hope the work starts in 4 months.
williemore September 25th, 2010, 08:28 AM http://www.mid-day.com/news/2010/sep/240910-wadala-monorail-project-commercial-hi-rises-multi-crore-facelift.htm
This talks about a relatively recent press release for a 60-storey tower in wadala... i wonder if the 101-storey tower has shrunk in size... esp since the article talks about 60 lakh sq ft of development space while the Lodha's bagged a similar sized plot...
bhargavsura September 26th, 2010, 03:16 AM I think they should shut down Mid-day.com. Lamest news website ever. Its more of a porn beer, celebrities, and their lives' advertising website rather than concrete and genuine news.
MeMumbaikar November 28th, 2010, 08:03 PM bumpp
sammyk November 29th, 2010, 05:42 PM bumpp
Why did you bump it if there was nothing to add? Are there any updates?
nikhilyug December 10th, 2010, 07:27 AM Does anyone know the C.T.S No. of the Plot where this Iconic Tower is coming up?
Coolguyz December 17th, 2010, 12:24 PM Ok guyz, checked out the site yesterday, its pretty much empty now, Simplex has been given 2 sites further down the road for the eastern freeway project, there are some segments remaining, but they are moving out fast.
There is one piling rig machine already at the site.
Jai January 3rd, 2011, 12:37 AM For Posterity's sake, here's Architect James Law (http://www.jameslawcybertecture.com/)'s design submission for the MMRDA's Iconic Tower project: a 1 km tall tower.
It's my favorite design, but I'm a sucker for organic architecture
http://img836.imageshack.us/img836/7884/wadala.jpg
http://img41.imageshack.us/img41/6324/temp2l.jpg
http://img148.imageshack.us/img148/4669/temp1o.jpg
Location: Mumbai,India
Client: N/A
Expected Completion date: Unknown
Project particulars:
Net Carpet areas: 495,000sqm
Building height: 1011m
Building type: Mixed use Development
Introduction and Concept
Wadala tower is the tallest mix-use tower in the world, designed by world renowned architect James Law of James Law Cybertecture International. Wadala Tower is a 21st century ultra-futuristic “Cybertecture” skyscraper situated in the heart of India. The design concept of this super high-rise tower is driven by a strong image of Indian Snakes. The tower targets to serve a diverse group of potential clients with the provision of shopping mall, services apartment, hotel and office use with 360 degree of breathtaking view. The avant-garde design is not only aim to be the best mix-use tower in India, but is targeted to be a landmark and the best building in the world.
Architecture
The 1000m tower is a dynamic twisting form generated by twisting floor plates. Each floor plate is rotated slightly at 5 degree continuously upwards in order to create the dynamic and fluidity of the tower. On the other hand, large and luxurious terraces are also created by the rotating floor plates. The stepped terraces are the best place on world for extraordinary views and social interaction. Although the skyscraper is the tallest in the world, its proportion is made to be slender and elegant through a series of sophisticated and thoughtful design processes. The tower can be conceived as a whole regardless of different uses as the twisting shopping mall is merged into the tower part, which is completely different from the conventional high-rise building where podium and the tower usually did not match with each other.
Environmental
Wadala Tower is targeted to be one of the most environmental friendly towers. With the provision of greenery, wind turbines and waterfall, a sustainable environment for apartment residents, hotel users and office workers is introduced. A vertical urban forest is created by the twisting terraces with massive amount of vegetation which could reduce carbon emissions. External wind turbines are installed on every 5 floors which help to generate renewable energy, which could be used as backup energy. A grand waterfall along the core is not just for aesthetic purposes only but also helps to reduce the heat gain of the tower.
Structure
The dynamic composition of the diagrid façade system is inspired by the various skin textures and pattern of snakes. Different size and density of the diagrid create a magnificent layering visual effect. Overall structural frame is like the bone of snakes where there is a core with sub-structure. This structural scheme allows an open plan configuration by providing completely column free office spaces.
Special Feature
“Cybertecture” Egg-like forms are located at the upper part of tower which allows flexible uses such as clubhouse, restaurant and conference hall etc. This special designed space is a symbol of identity for residents, office workers and even visitors of this ultra-futuristic tower. The egg would glow in light like a gem in the darkness, which is another highlight of the tower.
India101 January 3rd, 2011, 01:55 AM That design is too funky for me. This one seems more realistic -
This is the design presented by Callison architects (http://www.callison.com/ourWork/index.cfm?display=project&Project_ID=204) to Lodha group:
PINNACLE TOWERS
Lodha Group
Living the high life
As one of the tallest buildings to grace India’s skyline, the 525 meter Pinnacle Towers proposes a high-rise living paradigm shift for Mumbai. Maximizing expansive views of the city’s eastern seaboard, two inter-connected towers accommodate a mix of residential, commercial office and hospitality uses atop a retail podium. A series of community recreational facilities clustered in eight-floor segments feature sky gardens and infinity swimming pools, evoking a village feeling for residents and hotel patrons alike.
http://img16.imageshack.us/img16/3609/pdpinnacletowers1.jpg
PROJECT DETAILS
Mumbai, India
698,000 sm Total
(7.51 million sf)
85,000 sm Retail
125,000 sm Office
850 units Residential
150 key 4-Star Hotel
300 key 5-Star Hotel
8,000 Parking Spaces
http://img576.imageshack.us/img576/7637/pdpinnacletower2b.jpg
http://img28.imageshack.us/img28/7825/pdpinnacletower3.jpg
european January 3rd, 2011, 03:11 AM i really like it.
Master of Disguise January 3rd, 2011, 04:59 AM I love it too...that's a graceful design...the 2nd one.....hope to see it become reality soon...wow
bhargavsura January 3rd, 2011, 06:19 AM The second one definitely seems more realistic.
bhargavsura January 3rd, 2011, 06:33 AM And James law's tallest building comparison doesn't include the DB Tower.
sammyk January 3rd, 2011, 07:18 AM And James law's tallest building comparison doesn't include the DB Tower.
Must be comparing to those already built.
World8115 January 3rd, 2011, 12:00 PM Can this thread be renamed to
WADALA | Lodha Project | erst. MMRDA's Iconic tower | APP till the no. of floors or height is known
sammyk January 3rd, 2011, 03:43 PM Can this thread be renamed to
WADALA | Lodha Project | erst. MMRDA's Iconic tower | APP till the no. of floors or height is known
You got something against question marks?
World8115 January 3rd, 2011, 04:32 PM ^^ It's better till we know the height. Like for some threads if floor count is known it is used as LOWER PAREL | Orbit Terraces | 60 fl | U/C instead of
LOWER PAREL | Orbit Terraces | 60 fl | ??? m | U/C
bhargavsura January 4th, 2011, 12:45 AM ^^
He meant question mark after APP because your statement made it looked like it was one complete sentence. :)
sixsigma1978 January 4th, 2011, 01:26 AM The tower is expected to be launched in 4 months (December) and will be 101 floors -
MMRDA expects Rs1,671-crore as interest from iconic towerproject (http://www.dnaindia.com/mumbai/report_mmrda-expects-rs1671-crore-as-interest-from-iconic-towerproject_1429175)
December's come and gone!!! Was hoping for some announcement!! Guess they're consistent :(
Hindustani January 4th, 2011, 01:38 AM Jai
seriously! you think this stunner will even be attempted in India. This is way too futuristic. Bombay be lucky if the other much more simpler design gets built.
For Posterity's sake, here's Architect James Law (http://www.jameslawcybertecture.com/)'s design submission for the MMRDA's Iconic Tower project: a 1 km tall tower.
It's my favorite design, but I'm a sucker for organic architecture
http://img836.imageshack.us/img836/7884/wadala.jpg
http://img41.imageshack.us/img41/6324/temp2l.jpg
http://img148.imageshack.us/img148/4669/temp1o.jpg
dreadathecontrols January 4th, 2011, 08:22 PM i aint jai but this stunner will not be attempted anywhere let alone india for a long time .
way too ambitious
Master of Disguise January 4th, 2011, 09:48 PM Looks straight out of Planet Pandora
Hindustani January 5th, 2011, 07:10 PM Looks straight out of Planet Pandora
hmm. not quite. I'll wait for the flying mountains to appear in the renderings. :)
MeMumbaikar January 5th, 2011, 07:29 PM how long would it take to built that thing
20 years?
dreadathecontrols January 5th, 2011, 09:06 PM how long would it take to built that thing
20 years?
yeah , gotta be.
Jai January 5th, 2011, 09:53 PM ha
one can dream, though....
dreadathecontrols January 5th, 2011, 10:55 PM ha
one can dream, though....
hey remember you told me the hindi the word for umami or soffrito,
y'konow the essential 'good tastyness' of the food.
What was it again?
and hows your island?
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