May 2, 2008

Billion Dollar Home of Mukesh Ambani

World's first Billion Dollar home is under construction, in India. The 27-storey skyscraper being built in Mumbai by Mukesh Ambani, could be the world's largest and costliest home with a price- tag nearing two billion dollar. Forbes magazine reported it in a report titled, "Inside The World's First Billion-Dollar Home." A Billion Dollar home! Can you believe this?

After completion of construction work in January, Antilla, the Ambani residence will be 550 feet high with 4,00,000 square feet of interior space. The design of this skyscraper is based on Vaastu. Atop six stories of parking lots, Antilla's living quarters begin at a lobby with nine elevators, as well as several storage rooms and lounges. Down dual stairways with silver-covered railings is a large ballroom with 80 per cent of its ceiling covered in crystal chandeliers.

Mukesh Ambani is the head of the Reliance Industries, an oil and petrochemicals giant. With a net worth of 43 billion dollars, Mukesh Ambani is the richest person in India and fifth richest person in the World.

"The only remotely comparable high-rise property currently on the market is the 70 million dollar triplex penthouse at the Pierre Hotel in New York, designed to resemble a French chateau, and climbing 525 feet in the air," Forbes said in its report.

The report said that Ambanis plan to use the residence occasionally for corporate entertainment also and they want its interiors to have a "distinctly Indian" look and feel.


Anonymous said...

Mr. Ambani.....
You are great personality. It's suitable for you only. You and your father is IKON for the new genaration of india. They make the indian peoples to battle with life. We are expecting more than them.


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