What's new

Dream home of India's richest man

Mukesh Ambani, the world's ninth wealthiest man, moved his wife and three children into Antilia, their 27-storey tower block home on Mumbai's Arabian seafront last year.

The home, which is claimed to have cost more than $1 billion (£615 million), has three helipads, a 50-seat cinema, several swimming pools, a ballroom, six floors of parking for 160 cars and space for 600 domestic staff.

It was built to crown his rise from the son of a petrol pump attendant to India's most powerful man with a personal fortune of more than £16 billion. But the petro-chemical magnate could lose it.

Mohammed Arif Naseem Khan, the local minority affairs minister, told the state assembly that the plot had been illegally sold by a children's charity which ran an orphanage on the site.

He said the land was owned by the Waqf Board, a trust which controls Muslim heritage properties and charitable institutions throughout India.
It had given the plot to a charity to use as an orphanage for Muslim children
, but the Currimbhoy Ebrahim Khoja Orphanage Trust sold it to Mr Ambani's company in 2002 for £3 million.

The deal was approved by a charity commissioner, but not by the Waqf Board, which has since launched court action to recover the site.

Mr Khan said: "We have appointed an enquiry commission to investigate the matter and the probe is still on."

A decision on whether to call in India's Central Bureau of Investigation (CBI) would not be made until the current inquiry had been completed, he added.

ND Pathan, chief executive of the Maharashtra Waqf Board, claimed the sale was illegal and neither the children's charity nor the charity commissioner were authorised to allow it to be sold.

A spokesman for Mr Ambani's Reliance Industries Limited said the dispute was a matter between the charity and the Waqf Board. "It was always the property of the Waqf," he said. The orphans living at the home were moved to another property at the time of the sale." The charity has denied any wrongdoing.

Richest man in India may lose 27-storey home - Telegraph
 
.
Lol..it'll be hilariousif this happens.
But what puzzlesme is that an orphanage owned land in one of the most expensive places in Mumbai (And by extension the world) and now wants it back??? It would've made a huuuuuuge sum out of selling it. It could easily use the money to go 10 kms south into the suburbs and buy twice the area of land and still have money left over.
 
.
Lol..it'll be hilariousif this happens.
But what puzzlesme is that an orphanage owned land in one of the most expensive places in Mumbai (And by extension the world) and now wants it back??? It would've made a huuuuuuge sum out of selling it. It could easily use the money to go 10 kms south into the suburbs and buy twice the area of land and still have money left over.

This was a "waqaf" property means that some wealthy Muslim had donated that land for benefit of the community. Sale of this land is illegal/dubious without fulfilling necessary legal requirements.

Building a $1B house on a place of Orphanage is very crude/uncultured way to flaunt wealth.
 
.
This was a "waqaf" property means that some wealthy Muslim had donated that land for benefit of the community. Sale of this land is illegal/dubious without fulfilling necessary legal requirements.
So why did Mr. Khan wait until the skyscraper was built before making his accusation?
 
.
This was a "waqaf" property means that some wealthy Muslim had donated that land for benefit of the community. Sale of this land is illegal/dubious without fulfilling necessary legal requirements.

Building a $1B house on a place of Orphanage is very crude/uncultured way to flaunt wealth.

I don't deny the point that it was a charitable donation and the sale is probably illegal. My point is that Mumbai, being an island (or rather 7 islands joined together) hardly has any space and the area where the orphanage was supposed to be is one of the most expensive areas in Mumbai. People spend crores there to live in boxes because of the social status. The $1bn cost is inflated to that extent only because of the high property rates in the area. Unless they planned to keep the orphans cooped up in it, it would be next to impossible to provide the orphans with education or any other form of social support from areas nearby. The plot of land would've been worth hundreds of crores (I'm not joking). Can you imagine the kind of facilities and benefits that could be provided by the charity to the orphans for that sum??

I'm not approving the illegal sale if it has happened,I'm just saying that it'll be better for the charity if they actually could sell it.
 
. .
Hmm well yeah...but imagine $1bn. We definitly could have provided employment to more than 600 with that.

He already provides employments to hundreads of thousands ! and construction provdes employment to another thousands ! I know you communists agenda. Create unemloyment through trade union sponsored industry lock outs !
 
. . .
Hey more power to him hope to see pic's of the home if they come out...
 
.
So now he could milk some more money from Ambani..

Now mr.khan will play the religious card .Perfect...

Religious card is most effective tool in India, Now Congress will start the crusade to free the Waqf land and gain Vote bank of a particular community...


In India Land laws have many flaws. sometime One land is sold to many ppl. Sometime the cons register the land in backdate. Mr Ambani building was not made in a day, neither it was hidden from ppl. It was in news since very first day.. Was Mr Khan sleeping all this time??? The court should penalize Mr Khan and sent him to kalapani... (on life inprisionment)
 
.
Hey more power to him hope to see pic's of the home if they come out...

It's already completed.

2727A31E42BECC7E8C7D2E4E91433.jpg
 
.
So why did Mr. Khan wait until the skyscraper was built before making his accusation?

building orphanage in such a costly locality?? one can compare it to building orphanage in newyork's time sqaure...instead they can open orphanage in suburb or downtown it will be more cheaper and children will get better life there..
 
. .
another angle of the building
image.php


there will be more than 600 full time staff working in antilla..
 
.
Back
Top Bottom