Lodha Altamount

Lodha Altamount
General information
Status Constructed
Type Luxury Residential
Location Altamount Road, Mumbai, India
Town or city Mumbai
Country India
Coordinates 18°58′05.9304″N 72°48′37.5084″E / 18.968314000°N 72.810419000°E / 18.968314000; 72.810419000Coordinates: 18°58′05.9304″N 72°48′37.5084″E / 18.968314000°N 72.810419000°E / 18.968314000; 72.810419000
Completed 2017
Cost 25 Crore
Owner Lodha Group
Management Lodha Group
Height 168 m (551 ft)
Technical details
Floor count 40
Floor area 4,122 m2
Lifts/elevators 6
Design and construction
Architect Hadi Tehrani, Access Architects
Developer Lodha Group
Structural engineer MKA Chicago, Sterling Consultants
Other designers Building Envelope Specialists (BES)
Website
www.lodhaluxury.com

Lodha Altamount is a luxury residential building project of the Lodha Group and is situated on Altamount Road in Mumbai, India. The development is under Lodha Group’s Luxury Collection. Altamount Road is ranked as the 10th most expensive street in the world.[1] Lodha Group acquired the area from the US consulate for Rs 375 crore, surpassing the bids made by Mahindra Lifespaces and TATA Housing.[2] The previously existing Washington House, home to US Consul General, was a three-storey building, covering an area of 2,702 square meters. It falls under the Coastal Regulation Zone 2 and is listed as Grade 3 Property.[3]

About

Lodha Altamount is a luxury residential tower of 40 floors on a half-acre site. It includes 8 podium levels, 2 floors for recreation and 52 residences fully serviced by the hospitality company St Amand. The modern architecture style of the building was conceived by German-Iranian architect Hadi Teherani.[4] It was constructed using a steel frame with an all-glass façade. Three sides have panoramic views of the Arabian Sea and the city of Mumbai. The Lodha Altamount neighbours Mukesh Ambani's Antilia building and Kumarmangalam Birla's mansion.

Lodha Altamount made history in November 2015 with the sale of the most expensive apartment in the country. A 10,000-square-foot apartment was sold for over Rs 1.6 billion at Rs 160,000 per square foot — the highest price per square foot ever paid in India.[5] This also beat the record for the previous sale in the same building at Rs 141,543 per square foot.[6]

References

  1. ↑ "Mumbai's Altamount Road among world's most costliest". 8 August 2008. Retrieved 4 December 2015.
  2. ↑ "Prime Altamont Road property of US consulate sells for Rs 342 crore". 12 December 2012. Retrieved 4 December 2015.
  3. ↑ "Lodha Group sells super-luxury duplex apartment in Mumbai for Rs 160 crore". 26 November 2015. Retrieved 4 December 2015.
  4. ↑ "Buying into a piece of Mumbai's storied legacy". 25 November 2015. Retrieved 4 December 2015.
  5. ↑ "At Rs 160 crore, flat in Altamount Rd bldg sets national record". 26 November 2015. Retrieved 4 December 2015.
  6. ↑ "Lodha sells super luxury apartment in South Mumbai for Rs40 crore". 21 October 2015. Retrieved 4 December 2015.
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