Altamount Road Explained

Altamount Road
Native Name Lang:mr
Other Name:Billionaires’ Row
Settlement Type:Neighbourhood
Pushpin Map:India Mumbai#India Maharashtra#India
Coordinates:18.9681°N 72.8095°W
Subdivision Type:Country
Subdivision Name:India
Subdivision Type1:State
Subdivision Name1:Maharashtra
Subdivision Type3:City
Subdivision Name3:Mumbai
Governing Body:Brihanmumbai Municipal Corporation
Unit Pref:Metric
Population Density Km2:auto
Postal Code Type:PIN
Postal Code:400026[1]

Altamount Road, also known as India's Billionaires’ Row, is an affluent residential street in the southern region of Mumbai, India.

The area is notable for housing some of the highest real estate prices in the country. The locality consists of glamorous bungalows of old money business families, low rise Art Deco apartment buildings and modern high rises, alongside some of the city's most notable skyscrapers, including the most expensive private residence in the world; the Antilia, valued in 2023 at roughly US$4.6 billion.[2] The street was also listed as the 10th most expensive street in the world.[3]

The most prominent buildings on the street are Lodha Altamount, Antilia, One Altamount, Prithvi Apartments, Mafatlal Bungalow, Bombarci and Pemino.

The street

On Altamount Road are the consulates of Indonesia (Plot no. 19) and of South Africa (Plot no. 20); on the connecting Carmichael Road are the Belgian, Chinese, and Japanese consulates. In 2008, it was rated as the 10th most affluent street in the world.[4] Altamount Road is a very wealthy area, and also home to several industrialists. The Mafatlal complex is also located here.[5] [6] Also, it is home to Lodha Altamount which created history in November 2015 by selling the most expensive apartment in the country.[7]

The road was officially renamed "S. K. Barodawalla Marg" in the 1990s, but residents, the city's taxi-drivers, and others continue to refer to it by its former name. It has a large number of trees and heritage buildings, such as the official residence of the Chairman of the Bombay Port Trust, the residence of the Municipal Commissioner of Mumbai, the consulate residence of Japan, Belgium and formerly the United States, and the official residence of the General Manager of Western Railways. The residential bungalow of the Bombay Port Trust was originally made by George Wittet, who also designed the Gateway of India and The Grand Hotel at Ballard Estate.[8]

Notes and References

  1. Web site: Pin code : Altamount Road, Mumbai. 5 February 2015. indiapincodes.net.
  2. News: Eshita . Bhargava . April 19, 2023 . Mukesh Ambani and Anant Ambani's $4.6 billion 27-storey skyscraper home has a snow room, spa, ice-cream parlor, and more . live . . 1 March 2024 . 1 March 2024 . https://web.archive.org/web/20240301193941/https://www.financialexpress.com/lifestyle/mukesh-ambanis-4-6-billion-27-story-skyscraper-home-has-a-snow-room-spa-ice-cream-parlor-and-more/2891686/ .
  3. News: 2008-08-04 . Mumbai's Altamount Road among world's most costliest . 2024-06-24 . The Times of India . 0971-8257.
  4. Web site: Wealth Holding Page . Wealth-bulletin.com . 14 August 2010 . dead . https://web.archive.org/web/20100420053915/http://www.wealth-bulletin.com/home/content/2451423982 . 20 April 2010 .
  5. Web site: Archived copy . 2 June 2007 . https://web.archive.org/web/20070601153102/http://www.mumbaimirror.com/net/mmpaper.aspx?page=article&sectid=15&contentid=20070530022210718d7460de5 . 1 June 2007 . dead . dmy-all .
  6. News: Randeep Ramesh New Delhi . Indian tycoon builds tower block home | Business . . 2007-06-01. 14 August 2010 . London.
  7. News: At Rs 160 crore, flat in Altamount Rd bldg sets national record. 4 December 2015. 26 November 2015.
  8. News: A tycoon for the new India, loyal to the old. 16 December 2015. The New York Times. 15 June 2008 . Giridharadas . Anand .