Lodha Altamount

Lodha Altamount
Lodha Altamount
General information
Status	Completed
Type	Luxury Residential Skyscraper
Architectural style	Post Modern
Location	Altamount Road, Mumbai, India
Country	India
Coordinates	18°58′05.9304″N 72°48′37.5084″E / 18.968314000°N 72.810419000°E
Completed	2017
Owner	Lodha Group
Height	195 m (640 ft)
Technical details
Material	Glass / Reinforced Concrete
Floor count	43
Lifts/elevators	6
Design and construction
Architect(s)	Hadi Tehrani
Developer	Lodha Group
Structural engineer	MKA Chicago, Sterling Consultants
Other designers	Building Envelope Specialists (BES)
Website
	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.^[3] The building has 43 floors and is 195 metres (640 feet) 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 ₹341.8 crore, surpassing the bids made by Mahindra Lifespaces and TATA Housing.^[4]

In 2015, a 10,000-square-foot apartment at the building was sold for over ₹1.6 billion at ₹160,000 per square foot,^[5] which, according to The Times of India, is the highest price per square foot ever paid in India at that time.^[6] This also beat the record for the previous sale in the same building at ₹141,543 per square foot.^[7]

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,^[a] which the developer chose in 2012.^[8]

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 ₹341.82 crore.^[9] The development is located at SK Barodawalla Marg, popularly known by its former name, Altamount Road.^[10]

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.^[11]

Design

The building was designed by Hamburg-based architect Hadi Teherani.^[12] 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.^[13]

Notes

^ 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.^[8]