Lodha launches Luxury Housing Project at Worli
The group is offering a fully-integrated community with high rises, townhouses, bungalows and luxury retail, with around 85 per cent of the development as open spaces
Super luxury is the USP of The Park residential project at Worli in central Mumbai. The Lodha group purchased this plot from DLF for Rs 2,727 crore last year, and now, using a lush park as its centre point, the group plans to develop a variety of different projects around it, ranging from high rises, townhouses, bungalows as well as luxury retail.
“Around the world, the finest living spaces are set alongside great parks that become an intrinsic part of the lifestyle of the residents. The Park is a rich landscape designed to provide a multitude of experiences and a diverse range of environments, offering a global luxury living experience for well-travelled and discerning homebuyers,” said the company’s managing director, Abhishek Lodha.
A part of the 17-acre property has been designed as a tribute to nature with seven acres set atop a 70 ft hill. Inspired by the great urban parks around the world, The Park offers an ideal urban lifestyle, one that is at present not possible in Mumbai. “This seven acre space is actually equivalent to six football fields put together, or about one and a half times the size of the world’s largest cricket ground – the MCG (Melbourne Cricket Ground),” Lodha claimed. Different world class designers, architects and brands will come together for the mixed use development much like the development around New York’s Central Park, he added.
The project will be a fully-integrated community with a choice of playgrounds, a treehouse for children, a clubhouse, concierge services, a gourmet dining options, retail plaza and India’s first Evander Holyfield gym. Around 85 per cent of the development will consist of open spaces, including organic gardens, picnic gardens, a “wetlands” garden and a butterfly island.
“During the construction phase, we expect to generate more than 5,000 jobs,” said Lodha, adding that a development of this scale will also support more than 10,000 indirect jobs in allied industries like cement, steel, tiles and cables, among others. Once The Park is completed, it will give rise to over 500 full-time jobs in the areas of facility management, housekeeping, horticulture and retail, he said.
Incidentally, Aishwarya Rai Bachchan is a future resident and brand ambassador for The Park.
by Jharna Mazumdar for Financial Chronicle
“Around the world, the finest living spaces are set alongside great parks that become an intrinsic part of the lifestyle of the residents. The Park is a rich landscape designed to provide a multitude of experiences and a diverse range of environments, offering a global luxury living experience for well-travelled and discerning homebuyers,” said the company’s managing director, Abhishek Lodha.
A part of the 17-acre property has been designed as a tribute to nature with seven acres set atop a 70 ft hill. Inspired by the great urban parks around the world, The Park offers an ideal urban lifestyle, one that is at present not possible in Mumbai. “This seven acre space is actually equivalent to six football fields put together, or about one and a half times the size of the world’s largest cricket ground – the MCG (Melbourne Cricket Ground),” Lodha claimed. Different world class designers, architects and brands will come together for the mixed use development much like the development around New York’s Central Park, he added.
The project will be a fully-integrated community with a choice of playgrounds, a treehouse for children, a clubhouse, concierge services, a gourmet dining options, retail plaza and India’s first Evander Holyfield gym. Around 85 per cent of the development will consist of open spaces, including organic gardens, picnic gardens, a “wetlands” garden and a butterfly island.
“During the construction phase, we expect to generate more than 5,000 jobs,” said Lodha, adding that a development of this scale will also support more than 10,000 indirect jobs in allied industries like cement, steel, tiles and cables, among others. Once The Park is completed, it will give rise to over 500 full-time jobs in the areas of facility management, housekeeping, horticulture and retail, he said.
Incidentally, Aishwarya Rai Bachchan is a future resident and brand ambassador for The Park.
by Jharna Mazumdar for Financial Chronicle
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