Lodha Altamount
{{Short description|Residential building in Mumbai}}
{{Use dmy dates|date=February 2019}}
{{Use Indian English|date=February 2019}}
{{Infobox building
| name = Lodha Altamount
| native_name =
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| image = Lodha Altamount - An epitome of luxury.jpg
| image_size = 270px
| caption =
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| highest_prev =
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| status = {{Color|green|Completed}}{{cite web |url=https://www.emporis.com/buildings/1236485/lodha-altamount-mumbai-india |archive-url=https://web.archive.org/web/20210821190947/https://www.emporis.com/buildings/1236485/lodha-altamount-mumbai-india |url-status=usurped |archive-date=21 August 2021 |title=Lodha Altamount |website=Emporis}}
| building_type = Luxury Residential Skyscraper
| location = Altamount Road, Mumbai, India
| coordinates = {{coord|18|58|05.9304|N|72|48|37.5084|E|region:IN|display=inline,title}}
| location_city =
| location_country = India
| start_date =
| completion_date = 2017
| cost =
| owner = Lodha Group
| management =
| floor_count = 43
| material = Glass / Reinforced Concrete
| floor_area =
| elevator_count = 6
| height = {{convert|195|m|ft|0|abbr=on}}{{Ctbuh|id=16493|title=Lodha Altamount}}
| architect = Hadi Tehrani
| developer = Lodha Group
| structural_engineer = MKA Chicago, Sterling Consultants
| other_designers = Building Envelope Specialists (BES)
| construction_contractor =
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| architectural_style = Post Modern
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| website = {{URL|www.lodhaluxury.com/altamount}}
}}
Lodha Altamount is a postmodern luxury residential skyscraper located in the billionaires row of Mumbai, India. Designed by Hadi Teherani, it has an all-glass black façade.{{Cite web |title=Altamount Road Lodha Project |website=skyscraperpage.com |url=https://skyscraperpage.com/cities/?buildingID=102658 | access-date=3 December 2023}} The building has 43 floors and is {{convert|195|m|ft|0|abbr=off}} tall. It is the 68th tallest building in India.
History
The three-story Washington House, home to US Consul General, was previously built on the site, covering an area of 2,702 square meters. It was in Coastal Regulation Zone 2 and was listed as a Grade 3 Property. In 2012, Lodha Group acquired the land from the US consulate for {{INR|341.8 crore}}, surpassing the bids made by Mahindra Lifespaces and TATA Housing.{{cite news|title=Prime Altamont Road property of US consulate sells for Rs 342 crore
|url=http://timesofindia.indiatimes.com/city/mumbai/Prime-Altamont-Road-property-of-US-consulate-sells-for-Rs-342-crore/articleshow/17577670.cms|accessdate=4 December 2015|date=12 December 2012}}
In 2015, a 10,000-square-foot apartment at the building was sold for over {{INR}}1.6 billion at {{INR}}160,000 per square foot,{{cite news|title=Lodha Group sells super-luxury duplex apartment in Mumbai for Rs 160 crore|url=https://economictimes.indiatimes.com/wealth/real-estate/news/lodha-group-sells-super-luxury-duplex-apartment-in-mumbai-for-rs-160-crore/articleshow/49928324.cms|accessdate=13 February 2019| first=Kailash | last=Babar | date=26 November 2015}} which, according to The Times of India, is the highest price per square foot ever paid in India at that time.{{cite news|title=At Rs 160 crore, flat in Altamount Rd bldg sets national record|url=http://timesofindia.indiatimes.com/city/mumbai/At-Rs-160-crore-flat-in-Altamount-Rd-bldg-sets-national-record/articleshow/49928641.cms|accessdate=4 December 2015|date=26 November 2015}} This also beat the record for the previous sale in the same building at {{INR}}141,543 per square foot.{{cite news|title=Lodha sells super luxury apartment in South Mumbai for Rs40 crore|url=http://www.livemint.com/Companies/7aZbWLCnrw9kgxiVIwxM7O/Lodha-sells-super-luxury-apartment-in-South-Mumbai-for-Rs40.html|accessdate=4 December 2015|date=21 October 2015}}
In September 2016, The Indian Express reported that the Urban Development department of Government of Maharashtra has granted more rights for Lodha Group to build the building's 38th floor, after a dispute between the developer and Brihanmumbai Municipal Corporation (BMC) on floor space index (FSI) incentive in the Public Parking Lot scheme,{{efn | name = FSII-PPL scheme | The scheme stated that the developer could get 50 per cent of the total built-up parking area for the FSI incentive, which then became the input for the total buildable area, which is 1.33 FSI times the remaining net plot area, after a 15 per cent deduction of road and Recreation Ground (RG) area, with the total buildable area capped at four times the net plot area. Lodha Group argued that they have the rights to use the full incentive without RG area deduction, while BMC stated that the incentive applies only on net plot area after the deduction, not on gross plot area, except for the use in affordable housing construction. }} which the developer chose in 2012.{{cite news | title = Mumbai: Altamount Road project in tussle with BMC, Lodha firm gets support of CM-led dept | first = Sandeep | last = Ashar | newspaper = The Indian Express | date = September 15, 2016 | access-date = April 9, 2025 | url = https://indianexpress.com/article/cities/mumbai/mumbai-altamount-road-project-in-tussle-with-bmc-lodha-firm-gets-support-of-cm-led-dept-3031578/ }}
Location
The development is built on the former location of Washington House, a property of US Consulate General for which the acquisition was announced in 2012 for a sum of {{INR}}341.82 crore.{{Cite news|last=Babar|first=Kailash|title=Lodha announces buying US Consulate property Washington House for Rs 341.82 cr - The Economic Times|work=The Economic Times|url=https://economictimes.indiatimes.com/wealth/personal-finance-news/lodha-announces-buying-us-consulate-property-washington-house-for-rs-341-82-cr/articleshow/17587170.cms|access-date=2020-07-14}} The development is located at SK Barodawalla Marg, popularly known by its former name, Altamount Road.{{cite news | title = Mumbai businessman buys ₹125 crore flat, becomes Ambani's neighbour | first = Lalatendu | last = Mishra | newspaper = The Hindu | date = July 1, 2017 | access-date = April 9, 2025 | url = https://www.thehindu.com/news/cities/mumbai/mumbai-based-businessman-buys-flat-opposite-antilla-for-147-lakh-per-sq-ft/article19192348.ece/amp/ }}
Architecture
Lodha Altamount has 43 floors, including 8 floors of podium, and 52 residential units. The apartment's amenities are located on the 8th floor, which comprises a gymnasium, spa, outdoor infinity pool, movie lounge, and a boardroom. The entrance lobby of Lodha Altamount features La Plage, Juan-les-Pins, an artwork by Spanish painter Pablo Picasso.{{Cite web|date=2017-11-18|title=Rajiv Saini on his quest to get a Picasso to Mumbai's Lodha Altamount|url=https://www.architecturaldigest.in/content/picasso-lodha-altamount-mumbai/|access-date=2020-07-14|website=Architectural Digest India|language=en-US}}
= Design =
The building was designed by Hamburg-based architect Hadi Teherani.{{cite news|title=Buying into a piece of Mumbai's storied legacy|url=http://gulfnews.com/business/property/buying-into-a-piece-of-mumbai-s-storied-legacy-1.1626126|accessdate=4 December 2015|date=25 November 2015}} It has a black, all-glass façade, which, according to Lodha Group, was designed to provide privacy for the residents without obstructing the outside view and to maintain moderate climate conditions within.{{cite news | title = Lodha to build 30-storey tower at Washington House | newspaper = Construction Week India | date = December 11, 2012 | access-date = April 9, 2025 | url = https://www.constructionweekonline.in/business/lodha-to-build-30-storey-tower-at-washington-house }}
See also
Notes
{{Notelist}}
References
{{Reflist}}
External links
- [https://www.lodhaluxury.com/altamount/ Official Page]
{{Skyscrapers in Mumbai}}
{{Authority control}}
{{Portal bar|India|Architecture}}
Category:Residential skyscrapers in Mumbai
Category:Buildings and structures completed in 2017
Category:Residential buildings completed in 2017