Most Expensive Home in the World

Most Expensive Home in the World

Antilia is a 27-floor personal home in South Mumbai belonging to businessman Mukesh Ambani, chairman of Reliance Industries. A full-time staff of 600 maintains the residence, reportedly the most expensive home in the world.

The building is named after the mythical Atlantic island of Antillia. Antillia, according to Aristotle, was a huge island in the Atlantic Ocean known to the Carthaginians.

Most Expensive Home in the World

The Antilia building is situated on an ocean-facing 4,532 square metres (48,780 sq ft) plot at Altamount Road, Cumballa Hill, South Mumbai, where land prices are upward of US$10,000 per square metre. In August 2008, Altamount Road was the 10th most expensive street in the world at US$25,000/sq m (US$2,336 per sq foot).

The majestic mansion stands 570 feet tall above ground and is considered one of the tallest structures in Mumbai. The 60-storey building includes 27 habitable floors, including six parking floors for capacity upto 168 cars.

Most Expensive Home in the World

The luxury amenities include a well-equipped movie theater with seating capacity for 50 people, a health club and a stunning pool. Several gardens and terraces glorify the buildings architecture while three helipads on the roof, an in-house garage, and nine elevators enhance the comfort of living to huge extents.

Most Expensive Home in the World

Designed by Chicago based architects “Perkins and Will”, the luxurious home is also built to the highest safety standards, and can easily endure an 8-richter scale earthquake.

Most Expensive Home in the World

The splendid interior details include a traditional lounge with stunning decoration, a ballroom equipped with designer lighting, and an ice room infused with artificial snow flurries, three floors of hanging gardens and a completely furnished lobby.

Most Expensive Home in the World

Described as the “Taj Mahal of the 21st century”, Antilla is well maintained by a dedicated staff of 600 people.

Most Expensive Home in the World

The home that we look at has been built in one of the prime areas for real estate in the port of city of Mumbai, India. This tower has 6 floors for vehicle parking, a majority of which houses Mukesh Ambani’s fleet of luxury vehicles apart from the 600 member staff quarters and multiple floors for the members of Ambani’s family.

Most Expensive Home in the World

Each floor has been designed on a different theme based décor with all modern luxuries included, along with capabilities to meet its own energy requirements which by no means are meager.

Most Expensive Home in the World

Facilities include a ball room, green room, rest rooms for staff, and indoor and outdoor bars to having a relaxing time in. All of these features along with land valuation have ensured that this tower happens to be the most expensive in the world, costing close to $2 billion in total worth, which perhaps is befitting the profile of the world’s 5th richest man.

But following recent news, this mansion has come under the scanner of legal authorities in India, for several legal roadblocks that this property has run into, primarily financial. However, after investigations, it has emerged that there are several legal loopholes which have been bypassed for acquiring the land on which it stands.

Most Expensive Home in the World

Sources mention that the land was allotted for educational and charitable purposes, for educating Muslim children under the umbrella of the Wakf board in India. For all those who wouldn’t know, Wakf under Islamic law is an asset which is specifically set aside for charitable purposes as had been the case here. But legal scrutiny has exposed that the land was acquired illegally by the owners of the Antilla tower, by paying a cost which is multiple times lower than the standard rate set for real estate in that area, and also bypassing several other legal hurdles.

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