The Detri­ments of High-Rise Build­ings

Accommodation Times - - Editorial - By Subhankar Mi­tra, Head – Strate­gic Con­sult­ing (West) JLL In­dia

In­ter­na­tion­ally, a build­ing that reaches or ex­ceeds the height of 150 me­tres is con­sid­ered a sky­scraper. Un­til re­cently, Mum­bai was the only In­dian city with high-rise build­ings. The fi­nan­cial cap­i­tal con­tin­ues to see the high­est de­mand for sky­scrapers, as the only op­tion to grow there is ver­ti­cally. It now seems that in the com­ing decade, Max­i­mum City will re­ceive an even more co­he­sive sky­line, with a host of pro­jects in the race to touch the sky be­ing con­structed. The de­mand for high-rise build­ings is cer­tainly grow­ing, and other cities are catch­ing up.

Mum­bai con­tin­ues to have the max­i­mum num­ber of tall build­ings ap­proved or un­der con­struc­tion. Devel­op­ment of In­dia One - the tallest in the coun­try - has al­ready be­gun in Max­i­mum City. It spans 126 floors and stretches up to a height of 720 me­tres. Apart from this, Mum­bai has more than 30 such su­per-tall build­ings rang­ing between the heights of 150 me­tres to 450 me­tres ei­ther at the ap­proval stage or al­ready un­der con­struc­tion. New Delhi, the cap­i­tal of In­dia, has around a dozen of such build­ings com­ing up. They range between heights of 150-300 me­tres. Kolkata too is catch­ing up with 9 such res­i­den­tial build­ings ex­tend­ing to the height of 245 me­tres ei­ther ap­proved or un­der con­struc­tion.

Ahmed­abad too has about 13 tall build­ings which are un­der con­struc­tion and are rang­ing between 200 me­tres to 410 me­tres. Hyderabad and Ban­ga­lore too are wit­ness­ing some devel­op­ment in con­struc­tion of tall build­ings for res­i­den­tial-com­mer­cial pur­pose with 2 or 3 ap­proved pro­jects.

All in all, this amounts to around 60 sky­scrapers. De­vel­op­ers see such ed­i­fices as a good way to at­tract po­ten­tial buy­ers - high-rise build­ings are a good gam­bit to dif­fer­en­ti­ate.

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