Mumbai - What has 27 floors of which six floors are dedicated to exclusive car parking, one floor for car maintenance, one floor for entertainment center comprising a mini-theatre with a seating capacity of 50 people, three floors of terrace gardens, three floors of healthclub, gym and swimming pool, two floors of glass fronted apartments for guests and an air space floor which will act as a control room for helicopters landing on the helipad above? No, it is not the latest luxurious hotel coming up in India but the design plan of Antilla, the new house of billionaire Mukesh Ambani, expected to be completed in 2008.
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Yes, India's richest man, billionaire Mukesh Ambani new home is what few people can dream of, leave alone construct it: a 60-story vertical glass palace in Mumbai, complete with a helipad, health club, swimming pool and six floors of car parking space which can accommodate about 170 cars.
Ambani, chairman of Reliance Industries and ranking within the top 15 on Forbes' list of the world's richest people - with an estimated fortune of $28 billion (£14 billion) - is reportedly spending $1 billion (£500 million) for the new home located in Altamount Road in posh south Mumbai (where real estate prices are now in the region of $1830 per sq ft), a price tag that would make it vie for the title of the most expensive home in the world.
The plot - 49,000 sq ft – was purchased in 2002 and the building will tower to 570 feet (over 170 mt tall), or the height of a 60-story residential building, but will have only 27 floors. Enough to earn it the title of the largest private residence in the world.
The top four floors, with a panoramic view of the city and the Arabian Sea beyond, are expected to be for Mukesh Ambani, his wife Nita, mother Kokilaben and the couple's three kids.
According to sources close to the family, around 600 staff will be employed at the house to wait on India's first industrial family. Two others floors will be exclusively for guests and a mini-theater.
Construction firm Leighton is working on the home, expected to be completed by September 2008. Leighton's fees will be about $110 million. Interior design, for which another foreign firm has been contracted in, is extra.
Meanwhile, construction is on in full swing so that the ballroom could at least be completed by this October, in time for Nita Ambani's birthday bash, the source said.
Though the Ambanis are refusing to comment anything on their new house, sources have claimed that it is to be named after the mythical island Antilla.
The family currently live in a 14-storey building, Sea Wind, at Cuffe Parade.
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