ACC-Simplex JV to build India's tallest tower
117-storey, 442m-high building due for completion in 2015
Arabian Construction Co. (ACC), in a joint venture with Simplex Infrastructures, has been awarded a contract to construct World One in Mumbai, India. The value of the contract has not been disclosed.
At 117 storeys, World One will be the tallest building in India, and the second-tallest residential building in the world upon completion in 2015, standing at 442m.
With amenities including 270 degree views, private pools, home theatre lounges and outdoor jacuzzis, World One is set to be one of the most sought-after luxury living destinations in the country.
The completed tower will also include an 18,000m2 elevated park, and an observatory lounge 305m above the ground.
The tower was designed by Pei Cobb Freed and Partners (formerly I.M. Pei & Partners), an architectural firm based in New York City.
The developer for the project, Lodha Developers Ltd., is a leading Indian real estate developer for residential and commercial properties, responsible for among 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 is best suited to build independent India's most iconic building,'' said Lodha Group MD Abhisheck Lodha.
“This is our first venture into 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,” said ACC chairman Ghassan Merebhi.
"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. "There will be many more, and we are mobilising resources to be a key player in that sector.”
ACC is responsible for constructing several of the most iconic across the Middle East, including some of the tallest towers in the UAE, such as the Almas Tower, Princess Tower, Pentominium, Sky Towers, Etihad Towers and Rose Rotana, and is currently constructing the tallest building in Jordan.
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 and Howrah Bridge, and is currently constructing the first Ritz Carlton hotel in India.