World’s tallest building to be in Mumbai?

Mumbai builder, Lodha Developers Ltd. is about to commence construction on the world’s tallest residential tower.

The real estate firm claims to finish the over 117-storey stack of private homes called “World One” in 2014. At more than 450 meters, it will be taller than the Empire State Building in New York or the Willis Tower. It is also scheduled to beat the record for tallest residential tower which is currently held by the 323-meter residential complex in Australia called “Q1.”

World One will cost around $450-million to build and its rooms are already being sold at prices of $1.5-million all the way up to more than $12-million, according to the developer.

The building will get one of the highest environmental ratings in the world by recycling its water, harvesting rain water and using solar power.