The Park (residential project)

Lodha Park is an 18.5-acre 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 of which stand at a height of 268 meters and have 76 floors.[5][6]

Lodha Park
Lodha Trump Tower and Lodha Marquise Mumbai
The Park (residential project) is located in Mumbai
The Park (residential project)
Location within Mumbai
General information
StatusCompleted[1][2]
TypeResidential Skyscrapers
LocationWorli, Mumbai
AddressLodha Park, Pandurang Budhkar Marg, Worli, Mumbai
Town or cityMumbai
Coordinates19.0067°N 72.8272°E / 19.0067; 72.8272
Construction started2013
Completed2021[3][4]
Height268 m
Technical details
MaterialGlass/Concrete
Floor count76
Design and construction
Architect(s)WOHA
DeveloperLodha Group
Other information
Parking4389
Website
www.lodhagroup.in/projects/residential-property-in-worli/lodha-park/about

Developer
Lodha Kiara and Lodha Trump tower

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 tallest completed building in India.

Location
Lodha Allura & Parkside

Lodha Park is located along Pandurang Budhkar Marg in Worli.[7] Bandra Kurla Complex 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.[8]

Project launch

In September, the real estate company[9] 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).[10] After a billion-dollar pre-launch, the Lodha Group launched the Lodha Park project in September and secured bookings worth ₹2,500 crores (₹25,000,000,000) on day one.[11] The launch was spread across Dubai, Mumbai, New Delhi, Kolkata, Pune, Ahmedabad, and Surat.[12] Bookings were also received from overseas Indians in the United Arab Emirates and United States.[13]

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 urban parks around the world.[14] 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.[15] The project would also integrate the Evander Holyfield gym within the complex. 'Trump Tower Mumbai', an 879-foot 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.[16][17][18]

See also

References
  1. Emporis. "Lodha the Park, Mumbai, India". Emporis.com. Archived from the original on 21 July 2021. Retrieved 15 August 2020.
  2. The Skyscraper Center. "Lodha the Park Complex". CTBUH Skyscraper Center. Retrieved 14 December 2021.
  3. Emporis. "Lodha the Park Technical Data". Emporis.com. Archived from the original on 16 July 2020. Retrieved 15 August 2020.
  4. The Skyscraper Center. "Lodha the 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. "Lodha's luxury housing project The Park unveiled". Hindu Business Line. 19 August 2013. Retrieved 4 December 2013.
  8. Unnikrishnan, S. (19 August 2013). "Lodha Group eyes central Mumbai for premium residential towers". Retrieved 7 December 2013.
  9. "Home - Arun Dev Builders LTD". Arun Dev Builders LTD. Retrieved 9 September 2017.
  10. Aishwarya Rai to endorse Lodha’s Lower Parel project, Economic Times, 20 August 2013.
  11. 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
  12. "Lodha's Lower Parel launch gets bookings worth Rs2.5k cr on day 1". 3 September 2013. Retrieved 7 December 2013.
  13. "Lodha's Lower parel launch gets bookings worth Rs2.5k cr on day 1". 3 September 2013. Retrieved 7 December 2013.
  14. "Lodha launches Mumbai's largest landscape, 'The Park'". India Infoline. 19 August 2013. Retrieved 7 December 2013.
  15. Muzumdar, Jharna (21 August 2013). "Lodha launches luxury housing project at Lower Parel". Financial Chronicle. Retrieved 7 December 2013.
  16. "Donald Trump ties up with Lodha Group for Mumbai project". PTI. 17 September 2013. Retrieved 7 December 2013.
  17. "Trump, Lodha tie up for luxury housing project". Times of India. 17 September 2013. Retrieved 8 December 2013.
  18. "SC: Trump Joins Hands With Lodha". Bloomberg TV India.
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