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Old July 30th, 2013, 05:26 PM   #21
UdaraParisita
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This is the new render...

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Old July 30th, 2013, 06:27 PM   #22
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Less wild buildings and smaller yacht kinda funny.

But this porject still has the x Factor it aint exactly boring like many of the Chinese supertalls are
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Old September 26th, 2013, 10:41 PM   #23
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This one is 420 mts or 1,380 ft.

source
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Old September 27th, 2013, 12:17 AM   #24
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Krrish, Shangri-La projects in Colombo clear obstacles. .

Tuesday, 17 September 2013 14:58

The Krrish square mixed development project tainted by scandalous financial deals is to finalise the land lease by making the final payment of Rs. 589.7 million by the end of next month, Minister of Investment Promotion Lakshman Yapa Abeywardena said on Tuesday.

The Delhi-based group paid Rs. 150.8 million to Urban Development Authority last week. The total payment made by them up now is Rs. 4,405.3 million, he said adding that the full payment for the leasing of the prime Transworks property at Colombo Fort is Rs. 4995 million.

In the circumstances the Board of Investment will take necessary action to grant strategic development project status providing tax incentives to the Krrish group to continue the construction work by presenting the relevant bill in parliament, Mr. Abeywardena told reporters in Colombo.

Informed sources said investigations into the alleged pay-off to a prominent official to facilitate the project have been completed and its report with findings of irregular payments is now with high government authorities and necessary action will be taken within the next two months.

The project is being changed from its earlier grand status. The plan to turn the Transwork House into an iconic mall with high-end products has also been shelved while the prices of the apartments are also to be drastically reduced, the sources said.

Mr. Abeywardena noted that the developer has the right to make changes in the building plan with the consent of the authorities and this was a normal practice the world over.

Krrish was planning to build four towers – the tallest tower with 85 floors, the second 80 and the other two – 55 floors each, in five million square feet of residential, commercial space and a hotel.

Meanwhile, Hong Kong-based Shangri-La Asia’s super luxury hotel project in Colombo will resume construction work next month after making some changes to building plan, he revealed.

Construction work on the 497-room Shangri-La Hotel Colombo located between the Galle Face green promenade and Beira Lake, has been delayed due to some bottlenecks which has now been sorted out, he said. (Bandula)

http://sundaytimes.lk/news/news/3764...obstacles.html

Thanx Umesh cha
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Old September 27th, 2013, 12:33 AM   #25
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More information about this project

Ambitious $ 460 m 4-towers Krrish Square at Fort to start selling units

Published : 4:35 am September 27, 2012

What is tipped to be the biggest single largest sole foreign investor project the $ 460 million Krrish Square at Transworks House in Fort will start selling luxury condominium units from today, the Indian promoters disclosed last night.

Launching to media and corporates separately, the Krrish Square on the four-acre land area is a mixed development project comprising four towers, three of which will have luxurious residential units and the other a seven-star hotel apart from a boutique hotel in the preserved confines of the Transworks House, declared as a heritage building in the city.

Krrish Group, which has interests in distilleries, breweries and real estate development in India, promised its first overseas venture will be an “engineering marvel” in Colombo whilst the mixed development will also be one of Asia’s most iconic. It will be completed in 2016.
The Urban Development Authority (wUDA) which has got an advance of 10% for the Rs. 5 billion worth lease for 99 years, described the project will be a key component in making Sri Lanka the ‘Wonder of Asia’ though the mega venture was an outcome of an unsolicited proposal.

“The project is one of the most significant milestones in urban development in Sri Lanka,” UDA Chairman Nimal Perera declared.
He said UDA had to seek unsolicited proposals because the land in the area had been under utilised over the years as there were no investor interest due to many issues as it was encumbered with several buildings including the existence of an electrical substation occupying 40 perches and the heritage building of Transworks House.

Krrish Group India expressed their willingness to undertake the development in a manner which will overcome the hindrances as well as preserving the heritage building and proved their financial and technical capacity,” Perera added. Following Cabinet approval, the UDA signed a MoU with the Indian investor whilst separately a BOI agreement too was signed.
Krrish Group is currently undertaking six different projects with a total built up area of 8.3 million square feet in Greater New Delhi area (Gurgaon) with a combined investment of $ 400 million with receivables from those projects over the next five years amounting to over $ 1.4 billion. Krrish Group said it boasts of an annual turnover of $ 100 million.

The structures for the proposed Krrish Square have been designed by multi-award winning architecture firm C.P. Kukreja Associates whilst Wilson Associates, New York was announced as the interior partner and Dandi Living Ltd., London as landscape partner. The preservation and redevelopment of Transworks House will be undertaken by Paris based architect Edward Francois who shared some of his ideas. He was responsible for the makeover of the former Samaritaine Department Store building in Paris which is now home to the Louis Vuitton store among many others.

Krrish Square will have the base of 10 floor podium for car parking, high end retail stores, shopping complexes etc. The four high rise towers will be built as a vertical city. One of the residential sky scrapper will have the height of podium (10 floors) plus 80 floors and other two would be of podium plus 55 floors. The fourth tower will have the height of podium plus 85 floors and will house the seven-star hotel, commercial office spaces etc.
The Indian company said the latter will be a key attraction for Fortune 500 companies which are keen to set up offices in Colombo. Krrish Square will have a total built up area of five million square feet
.

Krrish Group CEO R.P. Gupta said ground breaking is expected to be within two months whilst the entire project will be completed in five years. A Krrish Square office has been opened on the 35th floor of the West Tower of World Trade Centre in Fort.

http://www.ft.lk/2012/09/27/ambitiou...ts-from-today/
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Old September 27th, 2013, 08:52 AM   #26
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Height confirmation? + Hopefully this gets built , CMB can finally have a supertall
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Old September 27th, 2013, 08:08 PM   #27
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Krish group holds great reputation here in delhi....they are into luxurious projects in delhi....I am sure they will make this project happen n will execute them perfectly ....


Sri Lankan friends jus hope that kkrish group hands over this project to L&T India....they are one of the finest construction team in the world.....if not the finest...


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Old October 12th, 2013, 06:19 PM   #28
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U/C in 2014??:
http://skyscrapercenter.com/colombo/...tower-1/15799/




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Old October 12th, 2013, 06:28 PM   #29
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very beautiful pictures. Thank to sri lankan forumers
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Old October 12th, 2013, 11:08 PM   #30
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Hopefully the ,sail-slant' design will be used .
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Old December 8th, 2013, 08:10 PM   #31
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