-- Gulf News --
6 Feb, 2011
World One, with 117 storeys, will be the tallest building in India and the second tallest residential building in the world
A joint venture between Beirut-based Arabian Construction Co (ACC) and India's Simplex Infrastructures has won a contract to construct World One in Mumbai at an estimated Rs4.5-billion (Dh362.77 million) cost.
The 442-metre, 117-storey World One will be the tallest building in India and the world's second tallest residential complex on completion in 2015.
With 270-degree views, private pools, home theatre lounges and outdoor Jacuzzis, World One is set to be one of the India's most sought-after luxury life-style destinations.
The tower will also include an 18,000 square metre elevated park, and an observation lounge positioned 305 metres above the ground.
ACC, which has a strong base in the UAE, is partly owned by two Lebanese families. The tower was designed by Pei Cobb Freed and Partners (formerly I. M. Pei & Partners), a renowned architectural firm based in New York City.
Lodha Developers, the company behind the project, one of India's leading real estate developers, is responsible for some of the tallest structures in India. "ACC brings unique knowledge of high rise construction and global best practices and Simplex provides significant capability and resources in the Indian context. We believe that this JV [joint venture] is best suited to build independent India's most iconic building," said Abhisheck Lodha, Managing Director, Lodha Group.
This is ACC's third skyscraper that will rise above 100 floors. ACC was earlier awarded the Dh690-million 107-storey Princess Tower and Dh1.46-billion 124-storey Pentominium — both under construction at Dubai Marina. The company is also constructing a cluster of towers in Abu Dhabi's Central Market, including an 88-storey skyscraper that will be Abu Dhabi's tallest tower.
Among other towers ACC has constructed are Almas Tower and Rose Rotana Tower in Dubai and Sky Towers and Etihad Towers in Abu Dhabi. It is currently working on Jordan's tallest buildings.
Prestigious
Gassan Merehbi, Chairman of ACC, said: "This is our first venture in India, and we are very pleased to be working on such a prestigious project with India's leading developer. We are proud to contribute our resources and expertise in high-rise construction that we have developed in the Gulf."
Simplex Infra is one of India's premier construction and infrastructure companies boasting some of India's most acclaimed landmarks, including the Supreme Court building in New Delhi, Howrah bridge, and is currently working on the construction of India's first Ritz Carlton hotel. "This project is the first that our JV plans to build in the growing high-rise market in India," said Ani Ray, Simplex's Country Director for the UAE.
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