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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Altamount Road is an ultra-premium residential locality situated in South Mumbai, bordering Cumballa Hill, Pedder Road, and Tardeo. The pin code of Altamount Road is 400026. This quiet, tree-lined avenue houses India's wealthiest industrialists and diplomats, featuring the famous Antilia building. Families here send children to the nearby Cathedral and John Connon School and visit Jaslok Hospital for medical needs. The nearest transit point is Grant Road Metro on the Aqua Line 3, located 1.5 km away. Residents drive via Pedder Road to reach Grant Road Railway Station in 10 minutes. The 2026 average property rate ranges from Rs. 85,000 to Rs. 1,30,000 per sq ft for luxury apartments. This high pricing is driven by extreme exclusivity and security.
| Locality | Property Price per sq ft* |
|---|---|
| Altamount Road mumbai | Rs. 85,000 to Rs. 1,30,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 1,20,000 to Rs. 1,60,000 |
| 2 BHK for rent | Rs. 1,80,000 to Rs. 2,40,000 |
| 3 BHK for rent | Rs. 2,60,000 to Rs. 3,50,000 |
Altamount Road remains one of the most expensive residential real estate markets in India. The buyer market experienced a price correction of -33.1% in 2026 after a 46.5% growth in 2025. Currently, buyer prices range from Rs. 85,000 to Rs. 1,30,000 per sq ft. The rental market also saw a sharp decline of -55% in 2026. Monthly rental values now range between Rs. 1,20,000 and Rs. 3,50,000 depending on the luxury configuration. This correction offers a rare entry point for high-net-worth buyers looking for premium addresses in South Mumbai. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Antilia is a prominent landmark in Altamount Road. Some more include:
Altamount Road is well-connected through Pedder Road and the following roads:
Grant Road Metro on the Aqua Line 3 is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are Grant Road Railway Station, which is located 1.8 km away, and others:
Altamount Road is well-equipped with numerous top educational institutions, such as Cathedral and John Connon School and Villa Theresa High School, along with:
Some reputed healthcare places near Altamount Road include Breach Candy Hospital Trust, and others:
You can access Heera Panna Shopping Centre and Westside - Hughes Road, Mumbai easily from Altamount Road mumbai. Some more include:
These localities are located around Altamount Road:
Here are some of the major employment centres near Altamount Road:
The popular landmarks within Altamount Road are:


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Reputed Mumbai Builders has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
