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

[dunefreezer]

Considering the trend now, I think 63 has become modest....lol..In about a decade or two, 80 floors will become modest.

[MeMumbaikar]

lets keep our feet firmly on the ground.

A lot of construction going on, but when it happens it happens.

As things stand Imperials are the only thing at that height.

We all know there are many things which can throw a spanner in the works.

airport, BMC and a lot of other factors.

[williemore]

even by NYC standards, 63 is tall... there are taller buildings under construction though...

[Savz]

Dec 04-12-2011
Source:DNA

[krazzywind]

Is there a floor plan available for this. Whenever call them they ask about giving visit to the site and do not disclose on the phone any information about the bankers who want to fund this project..

[achemsRaZor]

Actually, while the reporter has attempted to spin the story to show Lodha as a privateer benefiting at the gullible public's cost - its actually a smart financing structure. I am circumspect about Lodha generally, but dont see anything really sinister in the land acquisition structure described above.

[tictactoe]

DNA's clarification

http://www.dnaindia.com/mumbai/repor...-mmrda_1623315

[Indiadreams]

It is actually good if both the parties strictly follow the agreement. MMRDA should not restructure the debt citing weak market conditions like our PSU banks restructuring debt of AI and Kingfisher. Lodha has to bear the risk, completely. Did MMRDA get any other security from Lodha? MMRDA cannot get back the already-developed land if Lodha sells it to customers

[tictactoe]

Originally Posted by Indiadreams

It is actually good if both the parties strictly follow the agreement. MMRDA should not restructure the debt citing weak market conditions like our PSU banks restructuring debt of AI and Kingfisher. Lodha has to bear the risk, completely. Did MMRDA get any other security from Lodha? MMRDA cannot get back the already-developed land if Lodha sells it to customers

MMRDA has not sold the land. It is only a lease agreement. So technically the land always remains under ownership of MMRDA. The lease agreement can be terminated if Lodha does not meet th lease conditions. (Money is only once such conditions0

[ashwin_ocean]

have found out few things ,kindly comment your views,
considering investment

floor plans- for 1620 area carpet area=1086
http://newcuffeparade.com/lodhadioro/configuration

bank aproving oan =hdfc

good points:connectivity & high end residental cum commercial hub,mmrda personal interest to bring up the area to auction adjacent land at higher price by providing connectivity and devlp plans

seems many developments of connectivity will be operational by 2012-13 and once its visible to public eye a ,will draw interest into area as now still under construction

connectivity--mono rail -adjacent to site---completion 2012-13
The 19.4-kilometers proposed route between Jacob Circle(byculla) - Lower Parel - Dadar-wadala and Chembur

METRO RAIL PROJECT-PHASE 1—LINE-2 ---completion 2017-18
CHARKOP ---BANDRA---- MANKHURD
Nearest Metro station to wadala property - RC MARG- 2km

eastern freeway--passing ajacent bhakti park.-will provide smooth exit into mankhurd to new mumbai-completion 2012--
The freeway will start at the cst museum, pass along Shahid Bhagatsingh Marg and Wadi Bundar and then enter Mumbai Port Trust areas till Anik near Wadala. The second stretch includes building a complete new road from Anik Junction near Wadala to Panjarpol in Chembur. The MMRDA is also to construct two tunnels under a hill that falls in the Bhabha Atomic Research Centre area.

The last stretch includes a 2.5-km road from Panjarpol till Chembur-Mankhurd link road on the Eastern Express Highway.

sclr around 2.5kms frm site-entry to western side close to priyadarshni circle---completion-2012 finally after being delayed fr 8 yrs
the 6.5-km-long Santacruz-Chembur Link Road will finally be completed by 2012. The link road, which will not only connect the eastern and western suburbs but also ease travel to Navi Mumbai, is expected to cut travel time between Santacruz and Chembur around two hours to 17 minutes.
Presently, motorists from the western suburbs travelling to Navi Mumbai have to take either the Jogeshwari-Vikhroli Link Road, Andheri-Kurla Road or a detour from Sion to reach Chembur. The drive during peak hours can last around 70 minutes to two hours.

eastern express highway-very close to site
As per advt
Distances: Nariman Point: 12 – 13 kms --eastern freeway
? Lower Parel: 7 – 8 kms---also by mono rail
? Worli / Prabhadevi: 7 – 8 kms
? BKC: 5 -6 kms
? Andheri East: 13 – 15 kms
? Powai: 14 – 16 kms



concern areas--rcf polln,wadala truvk terminal,but both expected to move/shut,
floor plan not that attractive but its same what u get everywhere nowdays with sundeck/utility areas etc around 35%loading

as per advt:
Loan available – 80% of flat cost from all leading banks.
? Special tie up: Rs.5,00,000/- discount available if Home loan is from HDFC
bank.
? Number of Towers: 11
? 10 residential towers. 1 Commercial tower
? Number of floors: 64 floors

About Project:
Mumbai’s largest single Landscape, extending over 15 acres, with serene water bodies, floral
nooks and herb gardens.
11 Swimming pools
50 m Olympic-sized pool
Indoor Pool, exclusively for ladies & children
Jacuzzi pool
Leisure pool
Toddlers pool
Three infinity-edge pools
Three kids pools
Timber decks, pool terraces, lounge areas, sit-outs and poolside snack bars
800 m jogging track
Outdoor garden gym
Outdoor drive-in theatre
4000+ sq. m. central green for events and sports like football
Meditation & Yoga pavilion
Over 2000 sq. m. of organic gardens
Greenhouse with café and organic food store
? Serene Ganesh temple set in a beautiful lotus pond
? Amphitheatre
? Pets area with dog walking track


Amenities for Children:
Large Garden dedicated to children
Chess garden
Maze garden
Water-play zone with fountains, bubblers and slides
Interactive wall
Sensory play zone to develop sensory skills
Slides
Roller-blading
Skating
Rock climbing wall
Indoor kids zones with learning and development toys



Highlights of the towers:
Grand central entrance courtyard lobby with guest welcome center and oncierge desk.
Impressive air-conditioned entrance lobby
4 High-speed elevators in each wing
Separate service elevator
Strategically planned sky gardens for natural cooling
Beautifully designed floor lobbies with ample natural ventilation and light.
Children’s play area, party venue, library, TV Lounge and indoor games room in each tower.
Tower clubs with gym and party venue
Designed to provide plentiful cross-ventilation
Rainwater harvesting
Sensor-driven lighting in elevators and lobbies to reduce power consumption
Solar water heating and solar lighting for common areas
Facilities to encourage the use of electric cars, including special parking and charging points.


Architecture: WOHA,

Singapore Landscape: Sitetectonix, Singapore


kindly comment/correct my perceptive abt the project

[Coolguyz]

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[bombayism]

Originally Posted by ashwin_ocean

have found out few things ,kindly comment your views,
considering investment

floor plans- for 1620 area carpet area=1086
http://newcuffeparade.com/lodhadioro/configuration

bank aproving oan =hdfc

whats the rate pls?

[ashwin_ocean]

last heard was ?
? Rs.13,788/- plus Rs.90/- floor rise from 2nd floor.+view premium etc
? Possession:
? December 2015
? Due Payment:

[Indiadreams]

Originally Posted by tictactoe

MMRDA has not sold the land. It is only a lease agreement. So technically the land always remains under ownership of MMRDA. The lease agreement can be terminated if Lodha does not meet th lease conditions. (Money is only once such conditions0

How long is the lease? It would be usually 60 or 99 years. Otherwise customers wont buy such apartments. My question is when Lodha defaults after it builds apartments on part of the land and sells the apartments to customers. The customers would become the lessee in that case. If Lodha defaults in such a scenario MMRDA cannot go to the customers.

It looks a risky proposition for customers though, in any case. If the market demand is not great then Lodha may default and MMRDA will take the remaining (unbuilt) land. Then the open space promised by the builder may not materialsie as the next builder who buys the land later may build as many as he wishes.

[tictactoe]

Originally Posted by Indiadreams

How long is the lease? It would be usually 60 or 99 years. Otherwise customers wont buy such apartments. My question is when Lodha defaults after it builds apartments on part of the land and sells the apartments to customers. The customers would become the lessee in that case. If Lodha defaults in such a scenario MMRDA cannot go to the customers.

It looks a risky proposition for customers though, in any case. If the market demand is not great then Lodha may default and MMRDA will take the remaining (unbuilt) land. Then the open space promised by the builder may not materialsie as the next builder who buys the land later may build as many as he wishes.

The lease if for 65 years. Yes - the society entually will become the lesee once the apartments are built. The open space cannot be built upon due to FSI restrictions and the 70% of land has been marked as a recreation area by MMRDA - it is part of the lease agreement and open area is not because Lodha wishes to have a open area. These conditions were stated during the initial bids. The FSI for open land has enabled Lodha to build upto 63 storeys.

So in case Lodha defaults and some other builder has to continue the construction - it will be upon same terms. Secondly, the Lodha agreement is BOO model. So basically Lodha is carrying out construction on behalf of MMRDA - and actually MMRDA is the real owner with Lodha having lease and license rights to construct upon.

[Indiadreams]

Thanks for the details. Looks really innovative

[Skyarc]

wow magnificent project. planning to visit mumbai early next year.

[deekshith]

Dec 15 2011.

Copyrights @ MPE

[navin_uk]

The residences at New Cuffe parade will embody this philosophy, appealing to the sophisticated design sensibilities of Mumbai’s globally-conscious design and fashion aficionados.



Lodha Developers, Mumbai's premium real estate developer, have announced the appointment of yoo inspired by Starck, the yoo design brand under the Creative Direction of Philippe Starck, to design a new residential development at New Cuffe Parade, Mumbai.
yoo is universally renowned for its inspiring design that aims to help people live better. The residences at New Cuffe parade will embody this philosophy, appealing to the sophisticated design sensibilities of Mumbai’s globally-conscious design and fashion aficionados.
Philippe Starck is one of the most celebrated designers in new design style. Over four decades, he has liberally spread his creativity and ideas across the design landscape, leaving his mark on everything from the French Presidential Elysee palace, to hotels, restaurants motorbikes, luxury mega yachts and even toothbrushes.
R Karthik, Chief Marketing Officer, Lodha Group said, “With an uncompromising appreciation for quality, today’s discerning buyer is also mindful of cutting-edge global trends, is widely travelled, exposed to the latest style vignettes and truly wants a superlative experience. Through New Cuffe Parade and ‘yoo inspired by Starck’ we are set to redefine the notion of luxury

[navin_uk]

Hi

Any new activity images from construction site

Pls share