Lokhandwala has many shopping malls, large cinemas, clubs, parks, fitness centres, small to very large luxurious apartments and it is well connected to the rest of the city with excellent public transport facilities.

Lokhandwala Complex featured in the news headlines when on 16 November 1991, then Additional Commissioner of Police (ACP) Aftab Ahmed Khan, head of the ATS led a force of 100 police and ATS officers and engaged in a firefight with seven gangsters who were present in the Swati building within the complex.

In the ensuing shootout which lasted four hours, 450 rounds were exchanged and all seven gangsters were killed, including Maya Dolas, Dilip Buwa and Anil Pawar.

[1] The movie was starring Sanjay Dutt as ACP Aftab Ahmed Khan, Vivek Oberoi as Maya Dolas, Tushar Kapoor as Dilip Buwa and Amrita Singh as Maya's mother Ratnaprabha Dolas.

The movie also featured the real-life former ACP Aftab Ahmed Khan in a cameo role as his superior, the police commissioner S.