First Billion Dollar Home Built in India

This post was written by jd on November 3, 2010
Posted Under: Real Estate

The wealthiest man in India has built a new estate that sets the bar for opulence and ostentation. Mukesh Ambani’s $1 billion home in Mumbai, named “Antilia” after a mythical island, requires a staff of 600 to man its gym, dance studio, ballroom, guest rooms, movie theater, lounges, garden, 160-car parking lot, and three helicopter pads, the Telegraph reports. All that in only 27 stories. Ambani is chairman of Reliance Industries, a conglomerate with oil, retail, and biomedical divisions. He’s the fourth richest man in the world.

Antilia Mukesh is the largest home in the world. Antilla is situated on a 4,532 square metres (48,780 sq ft) plot at Altamount Road on the famed Cumballa Hill South Mumbai, India, where land prices are upward of US$10,000 per square meter. It has been reported in the media to have cost between US$1 billion and $2 billion, making Antilia the most expensive residential building in the world. Reliance, however, said it cost U$50-70 million.

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