Tuesday, October 19, 2010

$1.8 billion Ambani home most costly residence in the world

Mumbai billionaire Murkesh Ambani has built probably the most costly residential property within the world and he is getting ready to move in. The $1.8 billion “Antilla” tower holds 398,000 square feet of space, is 567 feet high and can be seen for miles from the sprawling Mumbai slums. Critics say the Ambani house is a symbol of all that is wrong with modern-day India, and refute claims the building had been designed with sustainability in mind. Source for this article – Ambani house is a $1.8 billion tower overlooking Mumbai slums by Personal Money Store.

Getting an inside take a look at the Ambani residence

Ambani is India’s richest person and number four on the Forbes list. The most expensive residential property in the world is Antilla. It took more than seven years to build. Inhabitant states that Ambani has a wife, mother and three children all living within the home with 600 staff with an “excessive consumption, extreme wastefulness, and unsustainable living.” A gym, dance studio, swimming pool, ballroom, guestrooms, lounges and a 50-seat theater are all within the Antilla house. This is all part of a health club. Three helicopter pads fit on the roof. A 160-car parking garage takes up various ground floors. Each floor has ceilings more than twice up to considered normal, making the 27-story structure as high as a 60-story building.

Probably not sustainable structures

Ambani said his residence had really lasting buildings. The Forbes Antilla profile shows, however, that this involves the use of Indian corporations, contractors, craftsmen and material firms. The building’s “green” attributes include trees growing inside and hanging gardens on the exterior called “living walls.”. Antilla is not a green building at all, according to Sarah Rich at Inhabitant that points out Mumbai is a city of 13 million people. Sustainability is meeting the needs of the present without compromising future generations. Greenery is not what sustainability is about, according to Rich. It’s more about humanity. Just because there are living walls doesn’t mean there is any environmental integrity.

Ambani’s Antilla backlash

Ambani is preparing a housewarming party. October 28 is when this party will happen. To get to Ambani’s Antilla, guests from all over the world first have to pass through miles of Mumbai slums, record the Australian Post. Ambani has shown hardly any restraint which maharajas from before at least showed a little of. 800 million Indians are living off of $1.60 a day while “Bollygarchs” that have a ton of cash are living wealthy with a top of cash just like the Antilla shows.

Info from

Inhabitant

inhabitat.com/2007/10/25/sites-residence-antilia-green-tower-in-mumbai/

Forbes

forbes.com/2008/04/30/home-india-billion-forbeslife-cx_mw_0430realestate.html

The Australian

theaustralian.com.au/news/world/bollygarch-mukesh-ambanis-18bn-mumbai-pad-with-slum-views/story-e6frg6so-1225939338119



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