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Antilia (building)

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Antilia
Antilia as seen from Altamont Road
Map
General information
StatusCompleted[1]
TypeResidential
LocationMumbai, Maharashtra, India
Construction started2007
Completed2010
Opening28 Oct 2010
Costofficially $50-70 million
OwnerMukesh Ambani
Height
Roof173 metres (568 ft)[2]
Technical details
Floor count27 (equivalent to 60 floors tower)[3]
Design and construction
Architect(s)Perkins & Will
Structural engineerSterling Engineering Consultancy Pvt. Ltd.

Antilia is the name of a twenty-seven floor personal home in South Mumbai belonging to businessman Mukesh Ambani, the billionaire Chairman of Reliance Industries.[4] There will be 600 full-time staff to maintain the residence, which is considered the most expensive home in the world.[5] It has been described as the "Taj Mahal of 21st century India".[6][7]

The home will house Ambani, wife Nita, their three children and Ambani's mother.[8]

Name

Antilia is named after the mythical island in the Atlantic, Antillia.

Location

The Antilia building is situated on a 4,532 square metres (48,780 sq ft) plot at Altamont Road on the famed Cumballa Hill South Mumbai, India, where land prices are upward of US$10,000 per square metre.[9][10]

In August 2008, Altamont Road was the 10th most expensive street in the world at US$25,000/sq m[11] (US$2,336 per sq foot)[12]

Specifications

The structure was designed by U.S. architects using principles of Vaastu, Indian traditional geomancy akin to Chinese feng shui, to maximize "positive energy." No two floor plans are alike, and the materials used in each level vary widely.[8]

The home will include:

  • 400,000 square feet (37,000 m2) of living space.[8]
  • Parking space for 168 cars.[8]
  • A one-floor vehicle maintenance facility.
  • 9 elevators in the lobby.[5]
  • 1 helipad and an air traffic control facility.[13]
  • Health spa, yoga studio, small theatre with a seating capacity for 50 on the eighth floor,[14] multiple swimming pools, three floors of hanging gardens, and a ballroom.[8]
  • An ice room infused with man-made snow flurries.[8]

Construction

Antilia was designed by Chicago based architects, Perkins & Will. The Melbourne-based construction company Leighton Holdings began constructing it[15] but it has been finished by another company[who?]. The structural design consultants are Sterling Engineering Consultancy, Mumbai.

The home was also designed to survive an 8-richter scale earthquake.[16]

Construction controversies

Various construction controversies have been connected to the home.

In 2007 the Maharashtra government said the structure is illegal because the land's owner, the Waqf Board, had no right to sell it.[5] Mukesh then obtained a No Objection Certificate from the Waqf Board for Rs 1.6 million (U$36,100) and began construction.[5]

In regards to the three helipads, the Indian Navy said it will not allow the construction of helipads on Mumbai buildings, while The Environment Ministry said the helipads violate local noise laws.[5]

Cost and valuation

Indian media frequently reported that Antilia is the world's most expensive home costing US$1 billion.[12][17][18]

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.[19]

In June 2008, a Reliance spokesman told the New York Times that it will cost $50–$70 million to build.[20]

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.[21][22][23]

Public reception

It's a stupendous show of wealth, it's kind of positioning business tycoons as the new maharajah of India.

— Hamish McDonald, author of Ambani & Sons: A History of the Business [8]

Some Indians are proud of the "ostentatious house," while others see it as "shameful in a nation where many children go hungry."[8] Dipankar Gupta, a sociologist at New Delhi's Jawaharlal Nehru University, opined that "such wealth can be inconceivable" not only in Mumbai, "home to some of Asia's worst slums," but also in a nation with 42 percent of the world's underweight children younger than five.[8]

References

  1. ^ Reeba Zachariah, TNN, Oct 13, 2010, 01.23am IST (2010-10-13). "Mukesh ready to move into mansion in the sky - The Times of India". Timesofindia.indiatimes.com. Retrieved 2010-10-13.{{cite news}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  2. ^ Emporis GmbH. "Residence Antilia, Mumbai, India". Emporis.com. Retrieved 2010-07-29.
  3. ^ "Personal Green Skyscrapers - The 60 Story Antilia House (GALLERY)". Trendhunter.com. Retrieved 2010-07-29.
  4. ^ "A peek into Mukesh Ambani's $2 hundred million Mumbai home". Rediff.com. Retrieved 2010-07-29.
  5. ^ a b c d e Headlines Today Bureau. "Mukesh Ambani all set to move into world's costliest house: India : India Today". Indiatoday.intoday.in. Retrieved 2010-10-14.[dead link]
  6. ^ "BBC News - India's Ambani hosts party for 'world's priciest home'". Bbc.co.uk. 2010-11-27. Retrieved 2010-11-27.
  7. ^ Shobhaa De, Nov 27, 2010, 01.41am IST. "New Ambani home opens doors, and how - The Times of India". Timesofindia.indiatimes.com. Retrieved 2010-11-27.{{cite news}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  8. ^ a b c d e f g h i Mumbai Billionaire's Home Boasts 27 Floors, Ocean and Slum Views by Mark Magnier, Los Angeles Times, October 24, 2010
  9. ^ "Inside The World's First Billion-Dollar Home". Forbes. 2008-04-30. Retrieved 2010-08-25.
  10. ^ Woolsey, Matt (2008-05-01). "A peek into Mukesh Ambani's $2 bn Mumbai home". New York, NY: ReDiff via Forbes. Retrieved 2009-08-07. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  11. ^ Frank, Robert (2008-08-05). "The 10 Most Expensive Streets in the World - The Wealth Report - WSJ". Blogs.wsj.com. Retrieved 2010-11-17.
  12. ^ a b "Mittal's address more expensive than Ambani's - Money - DNA". Dnaindia.com. 2008-08-04. Retrieved 2010-11-17.
  13. ^ "Mukesh Ambani's new house – Antilla". aavaas. Retrieved 2010-07-29.
  14. ^ "Antilia the classiest residence for the richest Indian". Luxurylaunches.com. 2007-05-30. Retrieved 2010-07-29.
  15. ^ "Oh brother, spare me the time - World". smh.com.au. 2008-08-02. Retrieved 2010-10-13.
  16. ^ Kwek, Glenda (2010-10-15). "India's richest man builds first $1-billion home, Antilia, Ambani". Melbourne: Theage.com.au. Retrieved 2010-10-28.
  17. ^ "Indian industrialist to build US$1 billion "home" amidst Mumbai's multimillion slum-dwellers". Asian Tribune. 2007-06-07. Retrieved 2010-11-17.
  18. ^ "Mukesh Ambani's new abode worth billion - Business News - IBNLive". Ibnlive.in.com. 2010-02-03. Retrieved 2010-11-17.
  19. ^ "Inside The World's First Billion-Dollar Home". Forbes.com. 2008-04-30. Retrieved 2010-11-17.
  20. ^ Giridharadas, Anand (2008-06-15). "Indian to the Core, and an Oligarch". The New York Times.
  21. ^ "Man Builds Himself a Billion Dollar Home". Mumbai, India: ABC News. 2008-01-29. Retrieved 2009-08-07.
  22. ^ Woolsey, Matt (2008-05-01). "Mukesh Ambani's US$2 billion home world's most expensive". New York, NY: Times of India via Forbes. Retrieved 2009-08-07. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  23. ^ Chandrashekhar. "Mukesh Ambani Mansion In The Sky". Mumbai, India: Oneindia.in. Retrieved 2009-08-07.