LOWER PAREL | Lodha Place | World One 442m-117fl + World Crest 223m-57fl + more | U/C

[jonny.rotten13]

Originally Posted by jonny.rotten13

Does anyone know the price per square foot for the least expensive units.
Are overseas investors allowed to buy.
What are the normal payment schedules.
Is it a good location.
Bandra or Bridge Candy was recommended to me how do the three areas compare in terms of prestigious address and availability and price. If those areas are better are there any projects available to buy there.
What is the best way to buy, like what real estate agent is good
thanx for any help.

Am serious to learn something and try to buy.
Has anyone bought here already.
Can anyone help in my above questions ?

[bhargavsura]

I don't see why overseas investors shouldn't be allowed. But I believe certain procedures have to be followed. All they should be concerned is with the money they will be getting from the sale of the apartments. This is one of the prime locations (excellent locations). The area is being developed rapidly and there are bunch of supertalls coming up in the area. Don't know how much is the price per foot, but I am guessing the price of the cheapest apartments would be at least 40-50 million rupees.

[Bombay Boy]

the pricing is there in the 1st post. flats priced between 8 crores and 50 crores (i.e. 80 million and 500 million rupees). i would guess per sq. ft. would range between 30k to 50k depending on the floor

[KuwarOnline]

thats initial price.....once constructions get started...over time will be increased....

[Bombay Boy]

those are prices if you book now. the price will remain the same if its pre-booked

[KuwarOnline]

yes... bcoz its still not started constructions....once it commence....they start increasing price(new booking)... depends on demand though.....

[India101]

Originally Posted by amhrpi

Edit: Okay My bad, the Wadala land deal is different from this project.

Ha, it's alright. Even I was confused.

Wonder when more news on the Wadala tower will come out. Hope they stick to the original plan of 530m.

[bhargavsura]

I guess MMRDA will need some publicity, so we should expect that very soon.

[India101]

Shiv Sena opposes tallest building in Mumbai

Mumbai: The Shiv Sena-BJP tug of war, which first began in Aurangabad, has now cast its shadow on the proposed construction of the world’s tallest residential tower, which is to come up in Lower Parel. Sena has opposed the construction of World One — a 1,450-feet residential tower — which has been proposed on a 17.5 acre plot of the defunct Shrinivas Mill. The tower is being constructed the Lodha Group, which is headed by BJP MLA and the party’s city unit secretary Mangal Prabhat Lodha.

Arguing that the construction would further burden the already outstretched infrastructure in Parel and Worli, the Sena has asked the city municipal corporation to not issue permissions for construction activity on the site.

Indications that the opposition had an approval of the top Sena leadership came when the party launched a signature campaign and distributed pamphlets in Parel and Worli, urging locals to join in the agitation. The pamphlets claimed that the initiative was taken up under the guidance of Sena supremo Bal Thackeray.

Lodha however, said, “I do not want to comment on why the Sena is agitating. It is an iconic project for the city.”

[Bombay Boy]

the shit sena should put their own house in order - the bmc. most of bombay's woes can be put down to the bmc

[yashchauhan]

I am leaving for Mumbai...to kick Bala ji's ass down!!!

[sumant]

seriously dont care if this thing gets built or not.

[India101]

Be nice if they starting building like this in Navi Mumbai. Have a nice planned skyline in a planned city.

[IchimaruGin1]

I dont get it. How is this adding to the infrastructure crunch in Parel/Worli?

am guessing most of the owners will probably be NRI's or rich people who already live in the nearby area and have cars anyways, which are probably parked along the road.

Now during construction if they do block the roads etc then yes it may cause a lot of hindrances. Many times what happens is that while building the builder hires workers who live on site in slums. Happened in my parts. New building coming up and the slums of the workers sprouted across and side walk and general road bringing traffic to a stand still.

But as long as they stick to that 17.5 acre plot(which they should be able to) providing adequate sanitary facilities to the workers and the material carrying trucks etc dont choke traffic even further I really dont see what the issue is. If anything this project is a job generator.It provides for parking and if mostly self sufficient in other amenities.

[Sughosh]

Originally Posted by India101

Lodha however, said, “I do not want to comment on why the Sena is agitating. It is an iconic project for the city.”

Eh? Astronomically priced villas and penthouses for the super-rich are now "iconic" for the city? In what way?

Next they'll be saying Antilla is iconic for the city.

I for one can't get the big deal about this project at all. Hardly a matter of great pride for thie city, unless you're the type to care about tallest building records (which anyway Dubai will porbably upstage in no time)

[sathya_226]

Originally Posted by Sughosh

Eh? Astronomically priced villas and penthouses for the super-rich are now "iconic" for the city? In what way?

Next they'll be saying Antilla is iconic for the city.

I for one can't get the big deal about this project at all. Hardly a matter of great pride for thie city, unless you're the type to care about tallest building records (which anyway Dubai will porbably upstage in no time)

FYI - Dubai has already upstaged it in terms of tallest buidling and they will never be get upstaged by any one in recent times.

You gotta think broadly of what a developed country means and how a city can showcase its country around the world to get into that 1st category league in this universe.

[KuwarOnline]

yes its kind of iconic.... whenever you see an adv of Singapore,, u will twin tower?? doesnt?? if you see dubai adv u mostly see there 7 star hotel??? now may be the burj khalifa...etc...so i think its kind of "iconic"

[Sughosh]

Those are office buildings and hotels - ostensibly "public places", no matter how exclusive or difficult to get into.

This is a RESIDENTIAL building. How can somebody's house be iconic for the city? World One is no Buckingham Palace, and if it means to be, they better conduct tours through these villas for the general public.

[sathya_226]

Originally Posted by Sughosh

Those are office buildings and hotels - ostensibly "public places", no matter how exclusive or difficult to get into.

This is a RESIDENTIAL building. How can somebody's house be iconic for the city? World One is no Buckingham Palace, and if it means to be, they better conduct tours through these villas for the general public.

Half of burj khalifa is also residential!

[Sughosh]

ah ok, my bad, didn't know that - but then i'm not really interested in these kind of projects anyway.

Still, sounds kind of silly to regard this sort of building as a city's pride. Monuments, well-developed public places a la Central Park, major business centres / tech parks etc might make sense, maybe even a very well-developed mall, but a residential building ...well...to me at least it signifies nothing.