Mumbai to have world's tallest residential building

City-based realty group Lodha Developers will collaborate with two New York-based firms to build an over 450 metre residential tower at Worli in south-central Mumbai at a cost of Rs 2,000 crore ($424.67 million), the company said here on Tuesday.

“The project has been christened World One and will be built on a 17-acre site at Worli. It will include a 117-storeyed tower, around 1,450 feet, which will be the world’s tallest residential building,” the firm’s managing director Abhisheck Lodha told mediapersons here.

The World One complex, which will have two more towers, shall offer 300 exclusive 3-4 bedroom flats, lavish villas with private swimming pools and a few duplex suites.

“The unique 360 degrees curved design will enable all the residents an unrestricted view of entire Mumbai from all sides,” he added.

Lodha Developers has tied up with New York’s architectural firm, Pei Cobb Free & Parners, and structural consultants, Leslie E Robertson Associates, for the prestigious project which will be a landmark in Mumbai. The construction work on the project will start in a couple of months and it is expected to be completed by 2014, Lodha said. Each housing unit in the building, which will dwarf the existing tallest residential towers in the world, including even Q1 in Gold Coast (Australia), currently the world’s tallest.