Billionaire Mangal Prabhat Lodha Unveils Towering Luxury in Mumbai

In a striking addition to Mumbai’s skyline, the Lodha Altamount has emerged as a significant architectural feat, positioned directly across from Mukesh Ambani’s famed residence, Antilia. This 43-storey luxury residential tower, developed by the Lodha Group, epitomizes the city’s ongoing transformation into a hub for billionaires and opulent living.

The Visionary Behind Lodha Altamount

The Lodha Group, founded in 1980 by Mangal Prabhat Lodha, is one of India’s largest real estate developers. A billionaire and political figure, Lodha has played a pivotal role in shaping the luxury real estate landscape in Mumbai. The Lodha Altamount features 52 ultra-premium residences and is located on Forjett Hill Road in the upscale area of Tardeo. This prime location sits directly across from the lavish Rs 15,000 crore Ambani residence.

In recent years, the Lodha Group, now known as Macrotech Developers, has expanded its portfolio to include high-profile projects like Trump Tower Mumbai. Mangal Prabhat Lodha’s sons, Abhishek and Abhinandan Lodha, have joined the family business, contributing to its growth and innovation in both luxury and commercial real estate.

Antilia: The Neighbouring Marvel

Antilia, the Ambani family’s residence, stands as a testament to architectural ingenuity. This 27-storey mansion is designed to withstand earthquakes of up to 8.0 magnitude and showcases unique floor plans on each level, featuring motifs inspired by lotus and sun designs. The home accommodates Mukesh and Nita Ambani, along with their children and extended family, exemplifying the pinnacle of luxury living.

Located on Altamount Road, often dubbed “Billionaires’ Row,” this elite street commands some of the highest real estate prices in India. It represents not only a geographical location but a social status, with prominent figures like the Ambanis and the Lodhas shaping the narrative of luxury living in the city.

The emergence of properties like Lodha Altamount highlights the competitive landscape of Mumbai’s real estate market, where luxury and exclusivity reign supreme. As of 2025, Mangal Prabhat Lodha has been recognized as one of India’s wealthiest individuals, boasting a net worth of $7.3 billion, according to Forbes.

As the skyline continues to evolve, both Lodha Altamount and Antilia stand as symbols of a new era in Mumbai, where the rich and powerful redefine urban living. With their towering presence, these residences not only dominate the city landscape but also reflect the aspirations and ambitions of a growing class of billionaires.