Lodha Altamount
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| Lodha Altamount | |
|---|---|
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| General information | |
| Status | Under construction |
| 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 |
| 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(s) | Hadi Tehrani, Access Architects |
| Developer | Lodha Group |
| Structural engineer | MKA Chicago, Sterling Consultants |
| Other designers | Building Envelope Specialists (BES) |
Lodha Altamount is a project of the Lodha Group and is situated at Altamount Road. This 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-storeyed building, covering an area of 2702 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 including 8 podium levels. The tower consists of modern architecture conceived by German Iranian architect – Hadi Teherani.[4] The development consists of 52 residences fully serviced by hospitality experts, St. Amand. This half an acre development consists of two floors for recreation. Construction technology using steel frame, this is an all glass façade tower with three sides open for panoramic views of Arabian Sea and the Mumbai city. The Altamount will be neighbouring Mukesh Ambani’s Antilla and Kumarmangalam Birla’s mansion.
Lodha Altamount has created history in November 2015 by selling the most expensive apartment in the country. A 10,000 sq ft duplex at this signature development has been sold for over Rs 160 crore at Rs. 1,60,000 per sq ft - the highest price per sq ft surpassing all earlier benchmarks.[5] This also beats the record for the previous sale in the same building at Rs 141,543 per sq. ft.[6]
References
- ^ "Mumbai's Altamount Road among world's most costliest". 8 August 2008. Retrieved 4 December 2015.
- ^ "Prime Altamont Road property of US consulate sells for Rs 342 crore". 12 December 2012. Retrieved 4 December 2015.
- ^ "Lodha Group sells super-luxury duplex apartment in Mumbai for Rs 160 crore". 26 November 2015. Retrieved 4 December 2015.
- ^ "Buying into a piece of Mumbai's storied legacy". 25 November 2015. Retrieved 4 December 2015.
- ^ "At Rs 160 crore, flat in Altamount Rd bldg sets national record". 26 November 2015. Retrieved 4 December 2015.
- ^ "Lodha sells super luxury apartment in South Mumbai for Rs40 crore". 21 October 2015. Retrieved 4 December 2015.