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  • 21 Aug, 2019

  • By, Wikipedia

The Park (residential Project)
Lodha Park is an 18.5-acre (7.5 ha) luxury residential skyscraper project which was developed by the Lodha Group in the upscale Lower Parel neighborhood of Mumbai, Maharastra, India. The land for the project was purchased from DLF Limited in 2012 for approximately ₹2,800 crore (₹28,000,000,000). Lodha Park consists of 5 towers, each standing 268 meters tall and with 76 floors. Lodha Park Towers were the tallest buildings in India from 2019 to 2020, until surpassed by World One in 2020, which in turn was surpassed by Lokhandwala Minerva in 2023. The towers are currently the 6th tallest buildings in India.

Developer

Lodha is a real estate development company primarily doing business in residential and commercial construction projects in Mumbai, Pune, Hyderabad and the United Kingdom. They are the developers of World One, a residential skyscraper in Mumbai and the second tallest completed building in India.

Location

Lodha Park is located along Pandurang Budhkar Marg in Worli. Bandra Kurla Complex along with Nariman Point and the Mumbai business districts are in close proximity. The High Street Phoenix shopping mall and PVR Cinemas are within driving distance.

Project launch

In September, the real estate company announced that Aishwarya Rai Bachchan would be the brand ambassador for this project. It has also been reported that the actress has bought a 4-BHK residence in the project worth more than ₹5 crores (₹50,000,000). After a billion-dollar pre-launch, Lodha Group launched the Lodha Park project in September and secured bookings worth ₹2,500 crores (₹25,000,000,000) on day one. The launch was spread across Mumbai, Dubai, New Delhi, Kolkata, Pune, Ahmedabad and Surat. Bookings were also received from overseas Indians in the United Arab Emirates and United States.

Features

Lodha Park includes premium residential and commercial developments, hotel rooms, retail stores, a clubhouse, and a restaurant. The project includes 7 acres of green landscapes set on top of a 70-foot ‘hill’ inspired by other urban parks around the world. The project is anticipated to generate more than 5,000 direct jobs including 1,000 white collar jobs including architects, engineers, and interior designers. It will also support more than 10,000 indirect jobs in related industries such as cement, steel, tiles, and cables. Upon completion, over 500 full-time jobs in facility management, housekeeping, horticulture, and retail are expected. The project would also integrate the Evander Holyfield gym within the complex. Lodha Trump Tower Mumbai, is a 268 metres (879 ft) tower with three and four bedroom apartments constructed by the Lodha Group in collaboration with Donald Trump's Trump Organization in August 2014 is part of the project.

  • Lodha Kiara and Lodha Trump tower
    Lodha Kiara and Lodha Trump tower
  • Lodha Allura & Parkside
    Lodha Allura & Parkside

See also

References

  1. ^ Emporis. "Lodha Park, Mumbai, India". Emporis.com. Archived from the original on 21 July 2021. Retrieved 15 August 2020.{{cite web}}: CS1 maint: unfit URL (link)
  2. ^ The Skyscraper Center. "Lodha Park Complex". CTBUH Skyscraper Center. Retrieved 14 December 2021.
  3. ^ Emporis. "Lodha Park Technical Data". Emporis.com. Archived from the original on 16 July 2020. Retrieved 15 August 2020.{{cite web}}: CS1 maint: unfit URL (link)
  4. ^ The Skyscraper Center. "Lodha Park Complex". CTBUH Skyscraper Center. Retrieved 14 December 2021.
  5. ^ DLF to sell its 17.5-acre land in Mumbai's Lower Parel to Lodha for Rs 2,800 crore, Economic Times, 30 July 2012.
  6. ^ Donald Trump back in Mumbai, this time with Lodha Group | Business Standard
  7. ^ Kamath, Raghavendra. "Selling a 17-acre project in South Mumbai, Lodha style". Business Standard. Retrieved 22 February 2024.
  8. ^ "Lodha's luxury housing project Lodha Park unveiled". Hindu Business Line. 19 August 2013. Retrieved 4 December 2013.
  9. ^ Unnikrishnan, S. (19 August 2013). "Lodha Group eyes central Mumbai for premium residential towers". Retrieved 7 December 2013.
  10. ^ "Home - Arun Dev Builders LTD". Arun Dev Builders LTD. Retrieved 9 September 2017.
  11. ^ Aishwarya Rai to endorse Lodha’s Lower Parel project, Economic Times, 20 August 2013.
  12. ^ Parel-launch-receives-bookings-worth-Rs-2500cr-on-Day-1/articleshow/22281292.cms Lodha's new Lower Parel launch receives bookings worth Rs 2,500cr on Day 1 - The Times of India
  13. ^ "Lodha's Lower Parel launch gets bookings worth Rs2.5k cr on day 1". 3 September 2013. Retrieved 7 December 2013.
  14. ^ "Lodha's Lower parel launch gets bookings worth Rs2.5k cr on day 1". 3 September 2013. Retrieved 7 December 2013.
  15. ^ "Lodha launches Mumbai's largest landscape, 'Lodha Park'". India Infoline. 19 August 2013. Retrieved 7 December 2013.
  16. ^ Muzumdar, Jharna (21 August 2013). "Lodha launches luxury housing project at Lower Parel". Financial Chronicle. Retrieved 7 December 2013.
  17. ^ "Donald Trump ties up with Lodha Group for Mumbai project". PTI. 17 September 2013. Retrieved 7 December 2013.
  18. ^ "Trump, Lodha tie up for luxury housing project". Times of India. 17 September 2013. Retrieved 8 December 2013.
  19. ^ "SC: Trump Joins Hands With Lodha". Bloomberg TV India. Archived from the original on 19 August 2014.{{cite news}}: CS1 maint: unfit URL (link)
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