Antilla: Mumbai, India 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. * 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). Indian media has frequently reported that Antilia is the world’s most expensive home costing between US$1 and 2 billion. Thomas Johnson, director of marketing at architecture firm Will and Hirsch Bedner Associates that was consulted with by Reliance during building floor plan design, was cited by Forbes Magazine as estimating the cost of the residence at nearly $2 billion. In June 2008, a Reliance spokesman told The New York Times that it would cost $50–$70 million to build. Upon completion in 2010, media reports again speculated that, due to increasing land prices in the area, the tower may now be worth as much as US$1 billion.
Posted on: Thu, 07 Aug 2014 20:09:37 +0000
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