Wednesday, October 20, 2010

$1.8 billion Ambani house most costly residence in the world

One of the most costly residential real estate in the world belongs to Indian billionaire Murkesh Ambani. The $1.8 billion “Antilla” tower holds 398,000 square feet of space, is 567 feet high and could be seen for miles from the sprawling Mumbai slums. Hailed as a green building, the Ambani residence is being assailed by detractors as a poor example of sustainability, as well as an example of how a new class of super-rich Indians has become unattached from the rest of the country.

Getting an inside look at the Ambani house

In India, Ambani has more riches than any person. On the Forbes list, he comes in fourth too. Antilla has been billed one of the most costly residential property in the world. It was a long project when it comes to building it. Seven years were needed to do this. Inhabitant claims that Ambani has a wife, mother and three kids all living in the home with 600 staff with an “excessive consumption, extreme wastefulness, and not sustainable living.” A gym, dance studio, swimming pool, ballroom, guestrooms, lounges and a 50-seat theater are all within the Antilla residence. This is all part of a health club. The roof can fit three helicopters at a time. A 160-car parking garage takes up a number of ground floors. Each floor has ceilings more than twice as high as considered normal, making the 27-story structure up to a 60-story building.

Buildings might not be secure

Forbes Antilla profile shows that Indian businesses, contractors, craftsmen and materials firms were used for making the Ambani house which is what he calls sustainable architecture. The building has “living walls” which give it “green” attributes which really just include trees growing inside along with hanging gardens on the exterior of the wall. Antilla isn’t a green building at all, according to Sarah Rich at Inhabitant that points out Mumbai is a city of 13 million individuals. Sustainability is meeting the needs of the present without compromising future generations. Greenery isn’t what sustainability is about, according to Rich. It is more about humanity. There isn’t any environmental integrity with the building. Living walls don’t translate right.

The backlash from Ambani’s Antilla

October 28 will be the official housewarming party for Ambani. To get to Ambani’s Antilla, guests from all over the world first have to pass through miles of Mumbai slums, report the Australian Post. Seems like maharajas from before Ambani showed more restraint. Ambani must not have any. The Antilla really just shows how saw India’s economic lifestyle is. You will find the filthy rich “Bollygarchs” that have more cash than they know what to do with while $1.60 a day is what 800 million other Indians live off of each and every day.

Citations

Inhabitant

inhabitat.com/2007/10/25/sites-residence-antilia-green-tower-in-mumbai/

Forbes

forbes.com/2008/04/30/home-india-billion-forbeslife-cx_mw_0430realestate.html

The Australian

theaustralian.com.au/news/world/bollygarch-mukesh-ambanis-18bn-mumbai-pad-with-slum-views/story-e6frg6so-1225939338119



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