Lodha 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. The building has 43 floors and is 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, surpassing the bids made by Mahindra Lifespaces and TATA Housing.In 2015, a 10,000-square-foot apartment at the building was sold for over 1.6 billion at 160,000 per square foot, which, according to The Times of India, is the highest price per square foot ever paid in India at that time. This also beat the record for the previous sale in the same building at 141,543 per square foot.
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 on floor space index incentive in the Public Parking Lot scheme, which the developer chose in 2012.