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. Lodha Group acquired the area from the US consulate for Rs 375 crore surpassing the bids made by Mahindra Lifespaces and TATA Housing. 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.AboutLodha 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. 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. This also beats the record for the previous sale in the same building at Rs 141,543 per sq. ft.