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792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...

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as the Almas Tower, Princess Tower, Pentominium, Sky Towers, Etihad<br />

Towers and Rose Rotana, and is currently working on the construction of the<br />

tallest building in Jordan.<br />

Simplex Infra is one of India's premier construction and infrastructure<br />

companies boasting some of India's most acclaimed landmarks, including the<br />

Supreme Court building, Howrah bridge, and is currently working on the<br />

construction of the first Ritz Carlton hotel in India.<br />

2). Dubai: A joint venture between Beirut-based Arabian Construction Co (ACC) and<br />

India’s Simplex Infrastructures has won a contract to construct World One in Mumbai<br />

at an estimated Rs4.5-billion (Dh362.77 million) cost.<br />

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<br />

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The 442-metre, 117-storey World One will be the tallest building in India and<br />

the world’s second tallest residential complex on completion in 2015.<br />

With 270-degree views, private pools, home theatre lounges and outdoor<br />

Jacuzzis, World One is set to be one of the India’s most sought-after luxury<br />

life-style destinations.<br />

The tower will also include an 18,000 square metre elevated park, and an<br />

observation lounge positioned 305 metres above the ground.<br />

ACC, which has a strong base in the UAE, is partly owned by two Lebanese<br />

families. The tower was designed by Pei Cobb Freed and Partners (formerly I.<br />

M. Pei & Partners), a renowned architectural firm based in New York City.<br />

Lodha Developers, the company behind the project, one of India's leading real<br />

estate developers, is responsible for some of the tallest structures in India. "<br />

ACC brings unique knowledge of high rise construction and global best<br />

practices and Simplex provides significant capability and resources in the<br />

Indian context. We believe that this JV [joint venture] is best suited to build<br />

independent India's most iconic building," said AbhisheckLodha, Managing<br />

Director, Lodha Group.<br />

This is ACC 's third skyscraper that will rise above 100 floors. ACC was earlier<br />

awarded the Dh690-million 107-storey Princess Tower and Dh1.46-billion<br />

124-storey Pentominium — both under construction at Dubai Marina. The<br />

company is also constructing a cluster of towers in Abu Dhabi's Central<br />

Parul <strong>Institute</strong> of <strong>Management</strong> and Research - <strong>792</strong> Page 69

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