imported>Joy goel: /* World View and World Crest */Added word

2021-08-20T15:04:03Z

World View and World Crest: Added word

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{{pp-protect|small=yes}}
{{Use Indian English|date=April 2016}}
{{Use dmy dates|date=June 2021}}
{{short description|Residential skyscraper under construction in Mumbai, India}}
{{Infobox building
| name = World One
| native_name =
| native_name_lang = mr
| alternate_names =
| status = completed
| image = The World Towers Mumbai.jpg
| caption = World One, World View and World Crest
| image_alt =
| address = Shankar Rao Naram Path, Lower Parel
| location_city = [[Mumbai]]
| location_country = India
| coordinates = {{coord|19.00254070|72.82653010|region:IN-MH|display=inline,title}}<ref>{{Google maps|url=https://maps.google.com/?cid=5477410649724132197 |title=World One |access-date=24 May 2021}}</ref>
| groundbreaking_date =
| start_date = 2011
| completion_date = 2019
| opened_date = 2020
| inauguration_date =
| demolition_date = 
| architect = [[Pei Cobb Freed & Partners]]
| landlord =
| owner = [[Lodha Group]]
| cost = US$321 million
| floor_area =
| top_floor =
| floor_count = 76 above ground<br />2 below ground
| awards =
| ren_awards =
| parking =
| website = {{official URL}}
| embed =
| embedded =
| references =
| highest_region = [[India]]
| highest_start = 2020
| map_type =
| map_alt =
| map_caption =
| relief =
| altitude =
| building_type = Residential
| architectural_style =
| structural_system =
| ren_cost =
| client =
| current_tenants =
| renovation_date =
| architectural = {{convert|280.2|m|ft|0|abbr=on}}<ref>{{Cite web|title=World One – The Skyscraper Center|url=https://www.skyscrapercenter.com/building/world-one/39977|access-date=24 May 2021|website=www.skyscrapercenter.com}}</ref>
| tip =
| antenna_spire =
| observatory =
| other_dimensions =
| seating_type =
| seating_capacity =
| elevator_count = 18
| architecture_firm =
| structural_engineer = Leslie E. Robertson Associates
| services_engineer =
| civil_engineer =
| other_designers =
| quantity_surveyor =
| main_contractor = Arabian Construction Co. & Simplex and Muscovite Group
| designations =
| ren_architect =
| ren_firm =
| ren_str_engineer =
| ren_serv_engineer =
| ren_civ_engineer =
| ren_oth_designers =
| ren_qty_surveyor =
| logo =
| logo_size =
| logo_alt =
| logo_caption =
| image_caption =
| map_size =
| map_dot_label =
| etymology =
| cancelled =
| topped_out =
| classification =
| namesake =
| est_completion =
| topped_out_date =
| relocated_date =
| closing_date =
| affiliation =
| diameter =
| circumference =
| weight =
| material = [[Composite material|Composite]]
| size =
| grounds_area = {{convert|17.5|acre|ha|order=flip|abbr=on}}
| developer = Lodha Developers
| engineer =
| known_for =
| ren_engineer =
| ren_contractor =
| unit_count =
| footnotes =
| Highest prev =
}}

'''World One''' is a {{convert|280.2|m|ft|0|abbr=on}} skyscraper in [[Mumbai]], India.<ref>{{cite web |url=http://www.world-one.in/pdf/press_release.pdf |title=Media Kit.cdr |access-date=16 July 2010 |archive-url=https://web.archive.org/web/20190510061523/http://www.world-one.in/pdf/press_release.pdf |archive-date=10 May 2019 |url-status=dead }}</ref> Currently, it is the [[List of tallest buildings in India|tallest completed building in India]]. It is on the {{convert|17.5|acre|ha|order=flip|adj=on}} site of the defunct Shrinivas Mill. The site also houses two other towers: World View and World Crest.<ref name="SCWTC">{{CTBUH|id=731|title=The World Towers Complex|complex=yes|access-date=23 August 2018}}</ref> The complex was developed by the [[Lodha Group]].

World One was being built at an estimated cost of over US$321 million. Construction began in 2011, it was expected to be {{convert|442|m|ft|0|abbr=on}} tall.<ref>{{CTBUH|id=16252|title=World View|access-date=23 August 2018}}</ref> As the developer failed to obtain approval from the [[Airports Authority of India]] for that height, the project was stalled for few years.<ref name=":0" /> Following the hiatus, the project was redesigned to the current height and completed.<ref name=":1">{{CTBUH Skyscraper Center|id=39977|title=World One}}</ref>

World One's architect is [[Pei Cobb Freed & Partners]], the structural engineer is Leslie E. Robertson Associates<ref>{{cite web |url=http://www.constructionweekonline.in/article-6438-r/2/ |title=Lodha announces Residential Tower | Projects | Construction News |publisher=ConstructionWeekOnline.in |access-date=16 July 2010 }}{{Dead link|date=November 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> & [[Mechanical, electrical, and plumbing|MEP]] engineer is [[BuroHappold Engineering|Buro Happold Engineers.]] The whole project i.e. The World Towers consists of three towers. There were two construction civil contractors involved: Arabian Construction Co. and Simplex (World One), Muscovite Group (World Crest, World View).<ref>{{Cite web|url=http://www.muscovite.ooo|title=World View and Crest}}</ref>

==History==
The [[Lodha Group]] purchased the {{convert|17.5|acre|ha|order=flip|adj=on}} site of the defunct Shrinivas Mill in Lower Parel, Mumbai from Shrinivas Cotton in 2005.<ref name="EconomicTimes1">{{cite web|title=Lodha to invest Rs 2,000 cr for world's tallest homes|url=http://articles.economictimes.indiatimes.com/2010-06-09/news/27606766_1_shrinivas-mill-lodha-developers-singapore-funds-gic|website=The Economic Times|access-date=27 April 2016}}</ref><ref name="EconomicTimes2">{{cite web|title=Lodha to gift Mumbai world's tallest homes – The Economic Times|url=http://economictimes.indiatimes.com/wealth/personal-finance-news/lodha-to-gift-mumbai-worlds-tallest-homes/articleshow/6009699.cms|website=The Economic Times|access-date=27 April 2016}}</ref><ref name="autogenerated1">{{cite web |author=Money Management |url=http://news.in.msn.com/moneyspecial/realestate/article.aspx?cp-documentid=3958944 |title=Lodha group set to erect world's tallest residential tower – 1 – 2010: Money & Budget Special on MSN India |publisher=News.in.msn.com |access-date=16 July 2010 |archive-url=https://web.archive.org/web/20100612203047/http://news.in.msn.com/moneyspecial/realestate/article.aspx?cp-documentid=3958944 |archive-date=12 June 2010 |url-status=dead }}</ref><ref>{{cite news|url=http://economictimes.indiatimes.com/markets/real-estate/news-/Lodha-to-gift-Mumbai-worlds-tallest-homes/articleshow/6009699.cms |title=Lodha to gift Mumbai world's tallest homes-News -Real Estate-Markets-The Economic Times |publisher=Economictimes.indiatimes.com |date=4 June 2010 |access-date=16 July 2010|newspaper=The Economic Times |last1=Ghosh |first1=Sugata |last2=Datta |first2=Kausik }}</ref> In June 2010, ''[[The Economic Times]]'' reported that the Lodha Group had secured over {{INRConvert|10|b}} from Singapore funds GIC and Temasek, and a property fund of mortgage giant HDFC, and intended to develop property on the Shrinivas Mill site.<ref name="EconomicTimes2"/> In 2010, the developer announced the project to construct the World One at the site of the defunct mill. The Lodha Group would also construct the World View and the World Crest, on the same site, as part of the project.<ref name = "NDTV1"/> World One initially faced opposition from the [[Directorate General of Civil Aviation (India)|Directorate General of Civil Aviation]] (DGCA) over security concerns related to the height of the building.<ref name = "NDTV1">{{cite web|title=Lodha Sells Rs 500 Crore Worth Flats in 9 Days at Mumbai High Rise – NDTV|url=http://profit.ndtv.com/news/property/article-lodha-sells-rs-500-crore-worth-flats-in-9-days-at-mumbai-high-rise-710986|website=profit.ndtv.com|access-date=27 April 2016}}</ref> World One was built at an estimated cost of over US$321 million. The interiors of the tower were designed by Giorgio Armani, and includes a swimming pool, gym and health club, cricket pitches and a pavilion.<ref name = "DesignMENA1"/> The 117-storey tower contains 290 apartments, some of which overlook the Arabian Sea.

The contract to construct World One was awarded to a joint venture between UAE-based Arabian Construction Company and Simplex Infrastructure.<ref>{{cite web|last1=Dey|first1=Paromita|title=World's tallest residential tower gathers pace {{!}} ConstructionWeekOnline.com|url=http://www.constructionweekonline.com/article-34175-worlds-tallest-residential-tower-gathers-pace/|website=www.constructionweekonline.com|access-date=27 April 2016}}</ref> Construction on World One began in 2011.<ref>{{cite web|url=http://skyscrapercenter.com/building/world-one/9337|title=World One – The Skyscraper Center|website=skyscrapercenter.com|access-date=1 November 2018}}</ref> By December 2014, about 75% of civil construction on the project had been completed.<ref name = "NDTV1"/> By June 2015, 70% of the tower was complete, with 83 floors having been built.<ref name = "DesignMENA1">{{cite web|title=World's tallest residential tower is 70% complete|url=http://www.designmena.com/thoughts/worlds-tallest-residential-tower-is-70-complete|website=Design Middle East|access-date=27 April 2016}}</ref>

Apartments at World One start at {{INRConvert|150|m}} for a 3BHK.<ref>{{cite web|last1=Bundhun|first1=Rebecca|title=Supertall Buildings Lure Mumbai's Elite|url=https://www.nytimes.com/2016/03/04/realestate/supertall-buildings-lure-mumbais-elite.html?_r=0|website=The New York Times|access-date=27 April 2016|date=3 March 2016}}</ref> The Lodha Group opened bookings for apartments at World One<ref>{{cite web|title=Lodha Group's World One|url=http://property.sulekha.com/lodha-world-one-in-worli-mumbai}}</ref> on 29 November 2011. When the first round of bookings closed on 14 December 2014, Lodha had received {{INRConvert|5|b}} worth of bookings, at an approximate rate of over {{INRConvert|70|k}}–{{INRConvert|80|k}} per sq ft. The tower is composed of 3 and 4 BHK apartments.<ref name = "NDTV1"/> Lodha began offering apartments at World One for sale in London in February 2015. The company hired London estate agent, Wetherell Estates, to market and sell homes in the tower. Lodha particularly hoped to target high net worth Indians living in Mayfair, London.<ref>{{cite web|title=The world's tallest tower block goes on sale|url=https://www.telegraph.co.uk/finance/property/international/11414098/The-worlds-tallest-tower-block-goes-on-sale.html|website=Telegraph.co.uk|access-date=27 April 2016}}</ref>

HDFC Property Fund invested {{INR}}500 crore to acquire a 10% stake in the World Towers project in 2010. The firm exited the project in October 2016, earning a return of triple their investment.<ref>{{cite web|title=HDFC PE fund exits Lodha's World Tower project for Rs 1,500 crore|url=http://www.financialexpress.com/industry/hdfc-pe-fund-exits-lodhas-world-tower-project-for-rs-1500-crore/430986/|website=The Financial Express|access-date=11 February 2017|date=26 October 2016}}</ref><ref>{{cite web|last1=Menon|first1=Bindu|title=HDFC Property Fund sells Lodha World Towers project stake for Rs 1,500 cr|url=http://www.thehindubusinessline.com/news/real-estate/hdfc-property-fund-sells-lodha-world-towers-project-stake-for-rs-1500-cr/article9271142.ece|website=The Hindu Business Line|access-date=11 February 2017|language=en|date=26 October 2016}}</ref> In September 2016, Piramal Fund Management Pvt. Ltd invested {{INR}}2,320 crore in the World Towers project.<ref>{{cite web|last1=Nandy|first1=Madhurima|title=Piramal Fund to invest Rs2,320 crore in Lodha's World Towers Mumbai|url=http://www.livemint.com/Companies/glkTuiieBCJMktArNabt8N/Piramal-Fund-to-invest-Rs2320-crore-in-Lodhas-World-Tower.html|website=Mint|access-date=11 February 2017|date=2 September 2016}}</ref>

The developer failed to obtain approval from [[Airports Authority of India]] for {{convert|501.33|m|ft|0|abbr=on}} height in 2010 and {{convert|442|m|ft|0|abbr=on}} height in 2015, so as of 2018 World One still has approval for {{convert|285.06|m|ft|0|abbr=on}} height only (approximately 76 floors).<ref name=":0">{{Cite news|url=https://www.dnaindia.com/business/report-dna-money-exclusive-lodha-world-one-buyers-move-rera-over-tallest-claim-2662522|title=DNA MONEY EXCLUSIVE: Lodha 'World One' buyers move RERA over tallest claim|last=RAI|first=Dipu|date=13 September 2018|work=dna|access-date=29 November 2018|language=en-US}}</ref> The project was redesigned for that height.<ref name=":1" />

==World View and World Crest==
There are 2 other towers under this project:
* World View: The World View is an 73-floor residential tower with a height of {{convert|277.6|m|ft|0|abbr=on}}. Construction on the tower began in 2015, and was Completed in 2020.<ref>{{CTBUH Skyscraper Center|id=16252|title=World View|access-date=3 June 2021}}</ref> As of June 2021 the tower is the second tallest building in India.
* World Crest: The World Crest is a 60 floor residential tower with a height of {{convert|222.5|m|ft|0|abbr=on}}. Construction on the tower began in 2011, and was completed in 2017.<ref>{{CTBUH|id=14473|title=World Crest|access-date=23 August 2018}}</ref>

==Controversy==
Several construction projects in Mumbai by The Lodha Group currently face considerable public ire on grounds of questionable construction practices, public safety, and misrepresentation of the areas being sold to customers. The Lodha Group has tried to fight this through legal gag orders and defamation policies on digital platforms, but has found only limited success.<ref name="Scroll-1">{{cite web|title=Bombay High Court win for activist posting videos questioning quality of Lodha Group constructions|url=https://scroll.in/video/922069/bombay-high-court-win-for-activist-posting-videos-questioning-quality-of-lodha-group-constructions|website=Scroll|access-date=3 May 2019}}</ref><ref name="TDD-1">{{cite web|title=YouTuber exposing shoddy construction says his videos are being blocked in India (updated)|website=The Daily Dot|access-date=13 February 2019|url = https://www.dailydot.com/upstream/krishnaraj-rao-youtube-lodha/|date = 13 February 2019}}</ref>

==Gallery==
<gallery widths="200px" heights="200px">
File:World One 2.jpg|World One Under Construction
File:World One 3.jpg|World One Under Construction
</gallery>

==See also==
* [[List of tallest buildings in Mumbai]]
* [[List of tallest buildings in India]]
* [[List of tallest residential buildings]]
* [[List of buildings with 100 floors or more]]

==References==
{{reflist}}

==External links==
{{Commons category}}
* {{Official website}}
* {{CTBUH|9337}}
* {{SkyscraperPage|86483}}
* {{Emporis|1180737}}

{{authority control}}

[[Category:Residential skyscrapers in Mumbai]]

World One - Revision history

imported>Joy goel: /* World View and World Crest */Added word