World’s Largest Residential Tower Coming To Mumbai

June 9, 2010 | Posted by bLavish as Estate of the Day at 8:29 am | Comments off

If you’re dying to live on top of the world in the world’s tallest residential tower, then you’ll have to be willing to travel to Mumbai where Lodha Developers Ltd. have you covered.

Lodha Developers will soon begin breaking ground on the ground-breaking project of building luxury residences over 1,470 feet into the sky.

The tower will reportedly cost around $450 million to build and units are already being sold at prices from around $1.5 million all the way up to more than $12 million. The developer told the Wall Street Journal that the building will go green by recycling its water, harvesting rain water and using solar power.

Given the recent opening of the Burj Khalifa amid Dubai’s real estate implosion, the building of such a monumental new skyscraper seems risky at best but according to Abhisheck Lodha, managing director of Lodha Developers, there is enough economic growth in India to support the project and enough rich people to live there.

The oval shaped building, designed by Pei Cobb Freed & Partners and Leslie E. Robertson Associates, provides a balcony for each unit. The units on the higher floors don’t only have better views but they will have less street noise and cooler balconies.

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