Elite Estate: World’s Most Expensive Home Costs $1 Billion, built by Indian Businessman in Bombay

Bombay is famous for not just its wealth, but also its slums. It is quite notorious for harbouring some of the poorest people on the planet. Now, the country’s richest man Mukesh Ambani has gone ahead and built himself a skyscraper home, that is easily the world’s most expensive home ever. The house would cost a whopping $1 billion. Though only $77 million was spent on building it, the property prices in Mumbai haven risen sharply by 15 times, and thus it would cost around 1 billion.

It comes with three helipads, its own air traffic control, a six-floor car park, a staff of 600, a four-storey hanging garden and a cinema. The 27 floor building measures 173 metres and has been named “Antilia”. Prime Minister Manmohan Singh and star cricketer Sachin Tendulkar would be present at the housewarming ceremony too!

It can withstand quakes of up to 8 magnitude. The house even has paintings by Picasso. Mukesh Ambani is the chairman of Reliance Industries, and they have influence over the country’s oil, gas, textiles, retail and telecommunications. Such display of wealth in an impoverished country could be quite typical of rich third world businessmen.

via: SMH

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