KONE to equip Lodha The Park premium residential development in Mumbai, India

Press Release Published 05/08/2018

KONE Corporation, press release, May 8,2018

KONE Corporation, a global leader in the elevator and escalatorindustry, will install 57 elevators at Lodha The Park, a premiumhigh-rise residential tower development in Worli, downtown Mumbai.The four residential towers of the development covered by the dealwill rise to heights of some 270 meters to offer amazing views ofIndia's most populous city and the nearby sea. 

Lodha The Park is the largest high-rise residential developmentin India, and the site comprises an extensive range of comforts.These  include an outdoor cinema, game courts, children's playarea, rock climbing wall, cricket ground, fruit orchard, vegetablegarden, and a number of swimming pools. 

KONE will equip the Lodha The Park residential towers with 48KONE MiniSpace(TM) high-rise elevators and nine machine-room-lessKONE MonoSpace® elevators. The KONE MiniSpace(TM) elevators willtravel at speeds of five to six meters per second. Some 3,400people are expected to use the equipment on a dailybasis. 

The order also includes the KONE destination control system,which optimizes elevator performance to minimize waiting times andmaximize convenience for building users. Residents will alsobenefit from the KONE Remote Call(TM) smartphone application forordering an elevator. KONE Access, in turn, will integrate thebuildings' doors seamlessly with the elevator system for secure andefficient access management.

"This is a unique landmark development, and we are proud thatour people flow solutions will enable residents and visitors tomove smoothly, efficiently and safely in and around these towers,"said Axel Berkling, executive vice president for KONE Asia Pacific.  

The buildings are expected to be completed by September 2019.The main developer is Lodha Developers Pvt. Ltd. The buildings weredesigned by WOHA Architects Singapore. 

The order was booked in the fourth quarter of 2017.

For further information, please contact: 
Liisa Kivelä, Director, Communications, KONE Corporation,tel. +358 204 75 4330. media@kone.com

Read more 
Previous press releases are available at www.kone.com/press including: 
January 30, 2018: KONE wins UltraRope® order for Karlatornet, set tobecome the tallest building in the  Nordics
January 17, 2018: First KONE UltraRope® in the UK to be installed inSouth Quay Plaza, a residential tower in London
January 10, 2018: KONE wins order for WOW hotel apartments tower inDubai
June 29, 2017: KONE to equip the tallest residential tower inSydney, Australia

About KONE 
At KONE, our mission is to improve the flow of urban life. As aglobal leader in the elevator and escalator industry, KONE provideselevators, escalators and automatic building doors, as well assolutions for maintenance and modernization to add value tobuildings throughout their life cycle. Through more effectivePeople Flow®, we make people's journeys safe, convenient andreliable, in taller, smarter buildings. In 2017, KONE had annualnet sales of EUR 8.9 billion, and at the end of the year over55,000 employees. KONE class B shares are listed on the NasdaqHelsinki Ltd. in Finland.
www.kone.com

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