WADALA | New Cuffe Parade | 205m | Lodha Dioro-63flx2 + Lodha Elisium-63flx2 + Lodha Evoq-63fl + more | U/C

[deekshith]

We haven't got any renders....... if you are talking about "lodha green city".

[IndiansUnite]

*New thread created for this project*

It becomes extremely time consuming to carve a new thread out at a later stage. The project has been pre-launched, we know what's coming up and also have images from the site, so a thread to track this project's progress is fine for now.

As with every Lodha project, this one is codenamed "72 East".

Render? This was on the invite for the pre-launch:


-Source

[India101]

Article from last month. 10 buildings over 200m! -

Lodha Group’s Green City project at Wadala gets Green nod from SEIAA

MEGA PLAN Ten 63-storeyed residential towers to come up on six acres of land

One of the biggest real estate projects in central Mumbai, Lodha Group’s Green City at Wadala, has got a green nod from the state’s apex environment panel.

The project is spread across six acres and can create 4,408 new apartments.

Last year, Lodha Group created a national record after it brought this plot from Mumbai Metropolitan Region Development Authority (MMRDA) for Rs4,053 crore.

Now, construction on this plot, which envisages ten 63 storeyed residential towers and one commercial 47-storey tower, can finally take off.

The State Environment Impact Assessment Authority (SEIAA) has given a conditional clearance for this project to begin work up to 70m.

The developers will have to get clearance from the High Rise Committee of the civic body and a no objection certificate from the civil aviation ministry to construct further. The height of the proposed ten towers is 205.47m.

“The panel has given clearance for the project to start work up to 70m. To construct further, it will have to approach SEIAA again once it gets a go ahead from these two authorities,“ said a senior member of the panel, on condition of anonymity.

The panel granted clearance because the project had received a nod from the state expert appraisal committee -panel of experts, which first scrutinises such projects -and had complied with all the conditions laid down by this committee.

The project developer had sought for an environmental clearance admitting that it did not have no-objection certificate from civil aviation ministry, despite efforts made by it and MMRDA.

“The developer is losing an interest of Rs1 crore daily because it has already begun making payments to MMRDA.
The High Rise Committee also does not consider an application unless it has environment clearance,“ noted the minutes of the SEIAA meeting, held on August 4 and 5. The project being developed on part of the Wadala truck terminus land has a Floor Space Index (FSI) of nearly 20.

MMRDA had earlier proposed an iconic commercial tower of 101 storeys on this plot but changed its plans after the project received a poor response.

The planning agency then allowed for multiple towers allowing 100% of residential usage. This fetched it double the price than it expected through the Lodha bid. The plot is close to Eastern Expressway and a few meters away from the proposed monorail station and hence considered as a prime realty.

The entire Wadala truck terminus, spread across 46 hectares, has a FSI of four. All of this is being allowed to be utilised on this six-acre plot. The FSI allowed in the city is two. LODHA GREEN CITY One of the biggest real estate projects in central Mumbai, it can create 4,408 new apartments in prime locality of Wadala, situated a few meters away from the proposed monorail station and close to the eastern express highway. PROJECT DETAILS The project will have ten 63storey residential towers. Every floor is proposed to have six to eight apartments. It will also have one 47-storey commercial tower.

The height of the tower is around 205m It will create 4,408 new apartments. The cost of this project is estimated at Rs5,617 crore The total built up area of the plot is around 10.98 lakh sqm as the FSI allowed for the project is nearly 20. It will have parking slots for 10,750 cars. The project developer has promised to plant 3,095 trees on site The project is likely to be completed in the next five to six years. The project is likely to have 2, 3 and 4 BHK flats.
Lodha Group had created a record of sorts by bidding for this government plot for Rs4,000 crore last year GREEN GO AHEAD The State Environment Impact Assessment Authority (SEIAA), the apex authority for clearing all big projects, has given clearance to the project to start construction up to 70m The project developers have to get clearance from the High Rise Committee of the BMC and NOC from the Civil Aviation department to construct further.
SEIAA has reserved clearance for construction beyond 70m and will scrutinise the project again after it gets the two clearances

[SSCaddict]

oh man!! MASSIVE! 4400 Apartments in just 6 acres!

[Jai]

Originally Posted by IndiansUnite

*New thread created for this project*Render? This was on the invite for the pre-launch:


-Source

I'm already not liking it. God forbid, its ten 200m towers that all look like that.



Lodha does a lot of things right in the execution of their many projects.

Making pretty buildings it does not.

[tictactoe]

Originally Posted by SSCaddict

oh man!! MASSIVE! 4400 Apartments in just 6 acres!

It is going to be 22 acres of which the construction will be in 6 acres and rest is reserved for recreational ground.

[amhrpi]

Ad in TOI

[Savz]

TOI Today 04-09-2011
They have started advertizing this possession almost regularly on the times now.

[bharatiya]

if thats the design... its ass ugly

[Gudavalli]

Source: http://business-standard.com/india/n...mbai/148728/on

Real estate developer Lodha Group today announced over Rs 10,000 crore investment in a new project in the island city.
The project, titled New Cuffe Parade, will come up at Wadala and is spread across 23 acres over the next five to seven years. The project will comprise commercial as well as residential towers, company Chairman and Managing Director Abhisheck Lodha told reporters here.
The 23-acre plot is part of the 250-acre land bank that the company had bought from the Mumbai Metropolitan Region Development Authority (MMRDA) for Rs 4,053 crore.

Last year, the authority had invited bids for developing a 101-storied iconic tower at Wadala on design, build, own, operate and transfer (DBOOT) basis.

While other three bidders Sunteck India, Indiabulls Real Estate and Gaurhari Estate had quoted Rs 3,465 crore, Rs 3,327.50 crore and Rs 2,251.99 crore respectively, Lodha had quoted Rs 4,053 crore and emerged as the highest bidder.

According to sources, Lodha, however, had to scrap the plan of constructing an iconic tower after it failed to receive clearance from the Directorate General of Civil Aviation (DGCA).

The company is facing similar problem for the 17-storeyed World One project at Worli in central Mumbai where the DGCA granted permission only for 90 floors. An international agency is still studying the proposal for the other 27 storeys.

Speaking about the New Cuffe Parade project, Abhisheck Lodha said, "the project will be a planned development by the best minds in urban planning, making it a world-class destination."

The project in its first phase will consist of a pair of 63-storied towers, and will have 15 acre of green space.

"While 75% of the land will be dedicated to development of gardens, on the remaining 25%, 70% will be development of residential towers and 30% for commercial and retail space," he said.

The project is designed by WOHA, a leading green architects for high-rise buildings.

[truckin]

The company is facing similar problem for the 17-storeyed World One project at Worli in central Mumbai where the DGCA granted permission only for 90 floors. An international agency is still studying the proposal for the other 27 storeys.

[IndiansUnite]

Originally Posted by Jai

I'm already not liking it. God forbid, its ten 200m towers that all look like that.

Lodha does a lot of things right in the execution of their many projects.

Making pretty buildings it does not.

That seems to be the chosen design. The architects are s'pore based WOHA architects.


-Source

[Savz]

Designs look sleek..can we have a larger render pls?

[Coolguyz]

Saw a massive billboard on Kalanagar flyover saying something like "imagine green space the size of cuffe parade". Didnt knew wat it was until now.

[India101]

The buildings at New Cuffe Parade are just as tasteless at the ones at the real Cuffe Parade.

[IndiansUnite]

If this provides any consolation, all articles say they've launched "a pair of 63-storied towers" and the render also shows 2 towers.

There's a chance that the other 8 might have different designs.

[IndiansUnite]

Originally Posted by Savz

Designs look sleek..can we have a larger render pls?

here:


Source

a video of the launch event from Star's Marathi channel:



Abhishek Lodha says that the construction on one of the towers will begin this month.

[taller the better]

This is just my opinion. I actually dont think it looks sleek atall.. Its just the a very clever angle that has been created. It will actually look very bulky and boxy!! Had they been slim slick multiple towers that would have been cool! But the buildings all joined together going up 60 floors like a huge block.. that too in shades of blue/red/yellow.. hmnn... not sure..

[MeMumbaikar]

Originally Posted by taller the better

This is just my opinion. I actually dont think it looks sleek atall.. Its just the a very clever angle that has been created. It will actually look very bulky and boxy!! Had they been slim slick multiple towers that would have been cool! But the buildings all joined together going up 60 floors like a huge block.. that too in shades of blue/red/yellow.. hmnn... not sure..

too be fair it is the "New Cuffe Parade"

Cuffe Parade is hardly worth emulating in the first place.


Its not as if its "New Ballard Estate" or "Fort", now that would be something



I think it will look good as a single stand out in the western burbs. But as a group of 10 in Wadala hmmm i have my doubts.

[Indiadreams]

Given the current real estate scenario,Lodha should be happy if it gets enough demand for these 2 towes in a highly speculative micromarket like Wadala. Moreover, the recent RBI guidelines on FDI has put spanners on compulsarily convertible debentures with any kind of built-in options. Real estate sector would be severely affetced, as it is already starving for funds, especially in speculative micromarkets. I hope Lodha has enough funds to compete the 2 towers