Palais Royale | |
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General information | |
Status | Topped-Out [1] |
Type | Supertall Residential skyscraper |
Location | Worli, Mumbai India |
Coordinates | 18°59′58″N 72°49′10″E / 18.9995°N 72.8195°E |
Construction started | 30 May 2008 |
Topped-out | 2018 [2] [3] |
Opening | 30 December 2024 [4] [5] |
Cost | ₹3,000 crore (US$380 million) [7] |
Height | |
Antenna spire | 320 metres (1,050 ft) [6] |
Technical details | |
Material | Concrete |
Floor count | 88 [6] |
Floor area | 310,000 m2 (3.3×10 6 sq ft) |
Lifts/elevators | 12 |
Design and construction | |
Architect(s) | Talati Panthaky Associates |
Structural engineer | Sterling Engineering Consultancy Services Pvt. Ltd., Mumbai |
Main contractor | Raghuveer Urban Constructions |
Palais Royale is an under-construction [8] residential supertall skyscraper in Worli, Mumbai, Maharashtra, India. [9] [6] At 320 metres (1,050 ft), it is the tallest building and third tallest structure in India. [10] The building had topped-out in 2018 but the facades and interior of the skyscraper are still currently under construction. [9] It was expected to be completed by 30 December 2023, [8] but because of delays due to pending litigations and other external factors the building is now expected to be completed by 30 December 2024. [4]
The building is being constructed on land previously owned by Shree Ram Mills Ltd. Permits for construction were granted in 2005, and construction began in 2008. The project's progress has been stalled due to multiple public interest litigation lawsuits filed by NGOs Janhit Manch and UHRF of Delhi. These litigations were disposed of by the Supreme Court of India in October 2019. [11] In its judgement, the Court observed that the lawsuits lacked consistency and bonafides. The promoters of the project have contended the lawsuits to be motivated and sponsored by private interests of rival builder Mufatraj Munot of Kalpataru Builders. [12] [13]
The site was put up for auction in May 2019 without any buyers. [14] Another auction was held in mid-2019, and the incomplete site was bought by a company named Honest Shelters for ₹ 705 crore. [9] On completion, the building would have 153 apartments ranging in size between 740 and 1,300 square metres (8,000 and 14,000 sq ft). [15]
Palais Royale is a 300 meter tall residential project located at the old Shree Ram Mill in the Worli area of Mumbai.