Palais Royale, Mumbai

Palais Royale is skyscraper under construction in Lower Parel, Mumbai. It is on land previously owned by Shree Ram Mills Ltd. It is the first supertall building in India to achieve a Leadership in Energy and Environmental Design Platinum rating for environmental sustainability.[1] Permits for construction were granted in 2005,[4] and construction began in 2008. The project's progress has been stalled due to financial issues.[5][6] The site was put up for auction in May 2019 without any buyers.[7] Another auction was held in mid 2019, and the incomplete site was bought by a company named Honest Shelters for ₹ 705 crore.[4]

Palais Royale
Palais Royal as of May 2013
General information
StatusTopped-out
TypeResidential
LocationWorli, Mumbai, India
Coordinates18.9995°N 72.8195°E / 18.9995; 72.8195
Construction started2008
Topped-out2018
Completedexpected by May 2020
Opening2020 (Scheduled)
Cost₹3,000 crore (US$420 million)[1]
Height
Antenna spire320 metres (1,050 ft)[2]
Roof320 metres (1,050 ft)[3]
Top floor320 metres (1,050 ft)[3]
Technical details
Floor count56
Floor area310,000 m2 (3.3×10^6 sq ft)
Lifts/elevators12
Design and construction
ArchitectTalati Panthaky Associates
Structural engineerSterling Engineering Consultancy Services Pvt. Ltd., Mumbai
Main contractorRaghuveer Urban Constructions

Design

The building will have 120 apartments with areas of between 740 and 1,300 square metres (8,000 and 14,000 sq ft).[8] With a floor plate of 2,300 square metres (25,000 sq ft), the premises have amenities like a cinema house, spa, cricket pitch, badminton court, football pitch and three swimming pools. It has 820,000 square metres (8.8×10^6 sq ft) of residential space.[9]

See also

References
  1. "Country's first green residential building in city". DNAIndia.com. 29 March 2008. Retrieved 16 July 2010.
  2. https://m.timesofindia.com/articleshow/71749231.cms
  3. Emporis GmbH. "Palais Royale, Mumbai, India". Emporis.com. Retrieved 16 July 2010.
  4. Oct 25, TNN |; 2019; Ist, 06:22. "Supreme Court clears India's tallest project Palais Royale | Mumbai News - Times of India". The Times of India. Retrieved 14 April 2020.CS1 maint: numeric names: authors list (link)
  5. Parkin, Benjamin (14 July 2019). "How India's tallest building ended as an unfinished construction site". www.ft.com. Retrieved 21 April 2020.
  6. "Rich flat buyers' Rs 1,300 crore stuck in Worli tower for a decade". 1 April 2019. Retrieved 21 April 2020.
  7. Joshi, Manas (8 June 2019). "Mumbai's iconic Palais Royale tower in Worli to be re-auctioned at slashed rate". www.indiatvnews.com. Retrieved 14 April 2020.
  8. "Palais Royale". CTBUH.org. 4 February 2010. Archived from the original on 2 July 2017. Retrieved 7 December 2017. Palais Royale is a 300 meter tall residential project located at the old Shree Ram Mill in the Worli area of Mumbai.
  9. "Central Mumbai's luxury overdose, News - City". Mumbai Mirror. 12 July 2010. Retrieved 16 July 2010.


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