Palais Royale
Palais Royale in 2022
General information
StatusTopped-Out[1]
TypeSupertall Residential skyscraper
LocationWorli, Mumbai, India
Coordinates18°59′58″N 72°49′10″E / 18.9995°N 72.8195°E / 18.9995; 72.8195
Construction started30 May 2008
Topped-out2018[2][3]
Opening30 December 2024[4][5]
Cost₹3,000 crore (US$380 million)[6]
Height
Antenna spire320 metres (1,050 ft)[7]
Technical details
MaterialConcrete
Floor count88[7]
Floor area310,000 m2 (3.3×10^6 sq ft)
Lifts/elevators12
Design and construction
Architect(s)Talati Panthaky Associates
Structural engineerSterling Engineering Consultancy Services Pvt. Ltd., Mumbai
Main contractorRaghuveer Urban Constructions

Palais Royale is an under-construction[8] residential supertall skyscraper in Worli, Mumbai, Maharashtra, India.[9][7] At 320 metres (1,050 ft), it is the tallest building and third tallest structure in India.[10] The building was 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 31 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]

History

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]

Present day

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]

See also

References

  1. ↑ "Palais Royale Mumbai ; Tallest Structure of India". Justbaazaar.com. Retrieved 14 May 2022.
  2. ↑ "Palais Royale Mumbai Tallest Structure of India".
  3. ↑ "The tallest buildings in India revealed". Yahoo.com. Retrieved 17 September 2022.
  4. 1 2 "MahaRERA grants Palais Royale developer one more year for completion". The Hindustan Times. Retrieved 4 January 2024.
  5. ↑ "Cloud Over Country's tallest skyscraper". The Hindu Business line. Retrieved 17 September 2022.
  6. ↑ "Country's first green residential building in city". DNAIndia.com. 29 March 2008. Retrieved 16 July 2010.
  7. 1 2 3 "Palais Royale". www.skyscrapercenter.com. Retrieved 11 March 2021.
  8. 1 2 "MahaRERA denies relief to Palais Royale flat buyers". Hindustan Times. 29 March 2023. Retrieved 7 June 2023.
  9. 1 2 3 "Supreme Court clears India's tallest project Palais Royale". The Times of India. 25 October 2019. Retrieved 14 April 2020.
  10. ↑ "Palais Royale in Worli | Tallest Residential Tower in Mumbai -". Ahmedabad Business Pages. 7 May 2017. Retrieved 23 July 2022.
  11. ↑ "The Times of India. Supreme Court clears Indias tallest building". 4 February 2021.
  12. ↑ "The Times of India. Worli Skyscraper caught in Mill Land Owner Builder Dispute". 4 February 2021.
  13. ↑ "Rich flat buyers' Rs 1,300 crore stuck in Worli tower for a decade". The Times of India. 1 April 2019. Retrieved 21 April 2020.
  14. ↑ 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.
  15. ↑ "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.


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