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Old June 8th, 2011, 02:34 PM   #1901
patrykus
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At last recent picture by Coolguyz.



Still some workers on site, but no progress and very little activity.
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Old June 8th, 2011, 02:43 PM   #1902
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So it joins the 'on-hold' club?
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Old June 8th, 2011, 02:46 PM   #1903
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Not yet, It might be restarted very soon if believe the rumors, besides there are still workers on the site.
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Old June 8th, 2011, 02:58 PM   #1904
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Some good news?

Quote:

DB Realty FY11 net up 19%

DB Realty today reported a 19 per cent rise in consolidated net profit to Rs 298.7 crore for the 2010-11 fiscal, as against Rs 251.97 crore in the previous fiscal.

The firm's total income increased by 33 per cent to Rs 1,268.69 crore last fiscal from Rs 951.2 crore in 2009-10, the Mumbai-based developer said in a statement.

DB Realty -- whose promoters Shahid Balwa and Vinod Goenka have been arrested by the CBI in relation to the 2G telecom scam and are currently lodged in Delhi's Tihar Jail -- sold 3.7 million square feet of area worth Rs 3,065 crore during the last fiscal.

The company's debt stood at Rs 465.6 crore as of March 31, 2011.

"In spite of the sluggish market conditions, DB Realty's financial performance over the last year has been encouraging. We have still managed to make progress on our key business parameters while dealing with the rising input costs," DB Realty Group Director (Business Strategy and Finance) N Shridhar said.

The board of the company has been reconstituted to make it more focused, the statement said.

K M Goenka is the Chairman of the board the other members include Usman Balwa, Vinod Goenka, Mahesh Gandhi, Jagat Killawala, N M Rafique and Janak Desai.

DB Realty currently has over 83.5 million square feet of developable area, out of which 33.5 million square feet is dedicated to ongoing projects.
Via
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Old June 8th, 2011, 06:43 PM   #1905
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Yeah....That might be good news.....I hope the government doesn't screw it up like they screwed the Iconic tower.
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Old June 8th, 2011, 07:59 PM   #1906
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Quote:
Originally Posted by v-8ras View Post
The reason why there might be no activity on th site is because of the order by the government to stop work. This as it had been posted before might be because of the complaints from the WAKF board. In all likelyhood, things should be back to normal once they manage to solve this problem.
its not stopped because of the wakf board. its due to financial reasons (aka 2G scam)
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Old June 8th, 2011, 09:20 PM   #1907
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hey guys - whats up?
is the work on World one and India tower still on?

Im new here :-)

Last edited by JaiHind; June 8th, 2011 at 10:04 PM.
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Old June 8th, 2011, 09:35 PM   #1908
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Quote:
Originally Posted by Bombay Boy View Post
its not stopped because of the wakf board. its due to financial reasons (aka 2G scam)
DB's financial status is quite secure as of now if we are to believe its latest results. The Government had ordered a stop work order at the property according to this report here -->

http://articles.timesofindia.indiati...-wakf-property
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Old June 8th, 2011, 10:24 PM   #1909
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Quote:
Originally Posted by patrykus View Post


How in the hell this suppost to become VVVthisVVV in the future?



Isn't the site to small in your opinion? Also this "L" shape basement, doesn't fits to let's say - traingular shape of the building in ground floors. Unless this site which we can see now is a construction of only one of this three " supercolums" on which building will stand?

Last edited by KalafiorWWA; June 8th, 2011 at 10:32 PM.
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Old June 8th, 2011, 10:39 PM   #1910
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Quote:
Originally Posted by KalafiorWWA View Post
How in the hell this suppost to become VVVthisVVV in the future?



Isn't the site to small in your opinion? Also this "L" shape basement, doesn't fits to let's say - traingular shape of the building in ground floors. Unless this site which we can see now is a construction of only one of this three " supercolums" on which building will stand?
Its not L shaped, one of the three prongs of the base it merely blocked off by that block close to the camera.

If you look closely at the pic you'll see the base itself is fairly small with the habitable sections only starting several "floors" up.
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Old June 8th, 2011, 10:45 PM   #1911
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Quote:
Originally Posted by KalafiorWWA View Post
How in the hell this suppost to become VVVthisVVV in the future?
Isn't the site to small in your opinion? Also this "L" shape basement, doesn't fits to let's say - traingular shape of the building in ground floors. Unless this site which we can see now is a construction of only one of this three " supercolums" on which building will stand?
also read this and you will find out how, It actually has been explained several times:

http://www.skyscrapercity.com/showpo...postcount=1584
http://www.skyscrapercity.com/showpo...postcount=1260
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Old June 9th, 2011, 05:33 AM   #1912
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It's a beautiful piece of work, hopefully they stay true to this design.
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Old June 9th, 2011, 04:49 PM   #1913
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The design is great. I just wish they would add outside elevators. One on each of the three sides. THAT would make it the greatest building EVER.

Outside elevators are the greatest, here are two I've been in:

http://youtu.be/3om1oYMhAO0

http://youtu.be/-6ak1pfpYSc
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Old June 9th, 2011, 04:55 PM   #1914
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That would be so cool
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Old June 9th, 2011, 05:54 PM   #1915
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How do you get in this building?
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Old June 9th, 2011, 06:00 PM   #1916
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Through reception area.....!!!..JK

I mean dude there will be 3 entrances which is clear from the graphs and drawings posted by Soroban few pages back.....
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Old June 9th, 2011, 06:00 PM   #1917
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thats like asking how to enter a house or a car... -.-'
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Old June 9th, 2011, 06:04 PM   #1918
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I don't get this project. Why would they build the foundations and then cancel the project?
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Old June 9th, 2011, 06:11 PM   #1919
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Hehehe.....Nopes this project has not been canceled Sir...!!! It might be on temporary hold but not over..

cheers
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Old June 10th, 2011, 06:40 AM   #1920
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It's good to see that the project is still in progress.
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