₹3000 CRORE FAILED SKYSCRAPER IN MUMBAI || PALAIS ROYALE ||3000 करोड़ की नाकाम गगनचुम्बी ईमारत मुंबई

#mumbaiskyline #indiaskyscrapers #IndiaMegaprojects

PALASIS royale is indias tallest skyscrapper and 320 metres high but has been always under construction

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. Permits for construction were granted in 2005, and construction began in 2008. The project's progress has been stalled due to financial issues. The site was put up for auction in May 2019 without any buyers.Another auction was held in mid 2019, and the incomplete site was bought by a company named Honest Shelters for ₹ 705 crore.
The building will have 120 apartments with areas of between 740 and 1,300 square metres (8,000 and 14,000 sq ft).[ 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 (8.8×106 sq ft) of residential space

SOURCES

ARZAN 1980
BRAINWAVE
Shree ram urban infrastructure

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14 Indiabulls BLU A Worli 222 meters(728 ft) 54 2018 Residential
15 Lodha Bellissimo A & B Mahalaxmi 222 metres (728 ft) 53 2010 [16] Residential
Lodha Bellissimo C Mahalaxmi 222 metres (728 ft) 53 2012 [16] Residential
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