Mukesh Ambani and Nita Ambani’s Antilia is worth Rs 15000 crore, but they bought the land for just Rs…
New Delhi: Mukesh Ambani, India’s richest man with an estimated net worth of Rs 9,48,860 crore, is not only a titan of industry but also a devoted family man committed to providing a life of extraordinary luxury for his loved ones. His home, Antilia, situated on the upscale Altamount Road in South Mumbai, is a striking symbol of grandeur and architectural brilliance. The 27-story mansion in Mumbai is considered one of the most expensive private residences in the world, estimated to be worth around USD 4.6 billion. The name “Antilia” is inspired by a mythical island, and the mansion is designed by Perkins & Will. However, do you know how much price had Mukesh Ambani paid to buy the land on which the Rs 15,000 crore worth Antilia is constructed? Here are all the details you need to know about the history of the land on which Antilia stands.
Antilia, commonly known as ‘Ambani Tower,’ spreads over 400,000 square feet with a staggering height of 570 feet, encompassing 27 floors. The magnificent mansion serves as the abode for Mukesh Ambani, his wife Nita Ambani, their sons Anant and Akash Ambani, daughter-in-law Shloka Mehta Ambani, and grandchild Veda Akash Ambani. Situated on Altamount Road, Cumballa Hill, Mumbai—400026, Antilia is situated in one of the world’s most affluent neighborhoods.
Antilia can withstand earthquakes of up to 8.0 on the Richter scale. It should also be mentioned that design of the mansion is so beautiful that the grandeur can be seen from each floor of the 27-storey building, which feature elegant interiors adorned with Lotus and Sun shapes.
How Mukesh Ambani brought land for Antilia
AIMIM leader Asaduddin Owaisi, in a recent statement claimed that the land where Antilia was built originally belonged to a Waqf trust. Reports have it that, the property on which Mukesh Ambani and Nita Ambani’s Antilia stands today was donated to the Waqf Board back in 1986 by Kareem Bhai Ibrahim. Kareem Bhai Ibrahim had allegedly given the land for purposes like religious education and building an orphanage, but the land was sold to Mukesh Ambani for Rs. 21.5 crore in 2012.
Construction of Antilia began in 2006, initially overseen by Australia-based Leighton Asia and later completed in 2010 by B.E. Billimoria & Company Limited. The architectural design was crafted by the Chicago-based firm Perkins & Will, while the interiors were styled by renowned design house Hirsch Bedner Associates. Marking the home’s completion, Mukesh Ambani held a ten-day Griha Pravesh puja led by prominent priests, officially inaugurating the residence with traditional rituals.
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