Lodha Altamount

Lodha Altamount is a luxury residential building project of the Lodha Group and is situated on Altamount Road in Mumbai, India. The development was the tallest building in Mumbai. 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]

Lodha Altamount
General information
StatusComplete
TypeLuxury Residential
LocationAltamount Road, Mumbai, India
Town or cityMumbai
CountryIndia
Coordinates18°58′05.9304″N 72°48′37.5084″E
Completed2017
Cost25 Crore
OwnerLodha Group
ManagementLodha Group
Height168 m (551 ft)
Technical details
Floor count40
Floor area4,122 m2
Lifts/elevators6
Design and construction
ArchitectHadi Tehrani, Access Architects
DeveloperLodha Group
Structural engineerMKA Chicago, Sterling Consultants
Other designersBuilding Envelope Specialists (BES)
Website
www.lodhaluxury.com

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 this used to be the tallest building in Mumbai. Crore". 12 December 2012. Retrieved 4 December 2015.
  3. Babar, Kailash (26 November 2015). "Lodha Group sells super-luxury duplex apartment in Mumbai for Rs 160 crore". Retrieved 13 February 2019.
  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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