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Wednesday, August 20, 2008

$20.1 billion home by Mukesh Ambani

Mumbai - Mukesh Ambani, India's wealthiest resident, is building a 60-story vertical palace in Mumbai, complete with a helipad, swimming pool and space to park about 170 cars.

Ambani, chairman of Reliance Industries and No. 14 on Forbes' list of the world's richest people--with a fortune we estimate at $20.1 billion--is reportedly spending $1 billion for the home in posh south Mumbai.

"Like many families with the means to do so, the Ambanis wanted to build a custom home. They consulted with architecture firms Perkins + Will and Hirsch Bedner Associates, the designers behind the Mandarin Oriental, based in Dallas and Los Angeles, respectively," the report said. "Plans were then drawn up for what will be the world's largest and most expensive home: a 27-story skyscraper in downtown Mumbai with a cost nearing 2 billion dollars."

According to Forbes, Mukesh, along with his wife Nita Ambani and three children, currently live in a 22-story Mumbai tower.

Facts about this ‘house’..

3 helipads on top. Mumbai corporation has not given permission for making this operational yet.
- Hanging gardens within the structure
- Swimming pool within the structure
- A two storey Health centre
- Parking space for 168 cars (6 floors). I initially thought that meant there will be a mini office in
the building but apparently that is not the case. All these cars will belong to Mukesh Ambani!
Just in case you are interested, he drives a 5 crore Maybach now.
- A floor exclusively for servicing these automobiles within the building.
- A floor for Home theatre – sitting capacity of 50
- The house will have a staff of 600 (sic) to do the maintenance activities. That gives a ratio of 1:100 for people living in the house and those who are paid to take care of it. The six lucky (?) ones are the man himself, his wife, his 3 children and his mother Kokilaben. The family will be moving in from their old home ‘Sea Wind’ which was a 14 floor building at Cuffe Parade.

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