Friday, January 13, 2012

$1B home in Mumbai? Which one is it?

Real estate and neighborhoods are as
diverse as the people that live here.

The most expensive single family home in the world is right here in Mumbai. Antila cost $1B to build. This 27 story home was built by Mukesh Ambani of Reliance Industries. He is the 2nd richest man in Asia. The house is fully decorated, has gardens and 3 helipads, but has never been moved into, presumably for not adhering to Vastu Shastru - the Hindu version of Feng Shui. (This is what happens when you don't supervise the general contractor!)

We think Mr. Ambani and family, simply prefer to live in their current 14 story house along with his mother and brother's family in "our" neighborhood, Colaba. Great Arabian Sea views. Not very crowded. 2-kilometers into the city center. What's not to like?

Of course, if you don't have that kind of change laying about, there are lots more options. We've pictures a few here. You choose. But choose fast! Mumbai real estate has gone up 138% since 2005.

Want to read more? Here's a link:
http://www.nytimes.com/2011/10/19/business/global/this-luxurious-house-is-not-a-home.html

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