India's billionaires have taken luxury travelling to another level with their expensive private jets. After luxury cars, expensive houses, yachts and even islands, Indian billionaires are now making news for yet another plush possession: private jets.

The richest Indian businessmen, like Mukesh Ambani and Lakshmi Mittal, of course, own everything luxurious, including private jets that cost millions.

Here is a look at six Indians who own the most expensive private jets.

Mukesh Ambani
Mukesh AmbaniReuters

Mukesh Ambani

The chairman, managing director and largest shareholder of Reliance Industries Limited not only has the most outrageously fancy property but also the costliest private jet. Mukesh Ambani owns a Boeing Business Jet 2, which is priced at $73 million. One of the most luxurious private jets, this is a mix of technology and luxury.

Reliance Communications
Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group.Reuters

Anil Ambani

Anil Ambani, who is Mukesh Ambani's younger brother and chairman of the Reliance Group, owns the second most expensive private jet in India. The private jet, Bombardier Global Express XRS, is priced at $38 million.

Lakshmi Mittal
Steel magnate Lakshmi MittalReuters

Lakshmi Mittal

Lakshmi Mittal, who is the chairman of Mittal Steel, is on par with Anil Ambani as far as owning a private jet is concerned. He owns a Gulfstream G550, priced at $38 million, that comes with twin Rolls-Royce BR710 turbofan engines.

Atul Punj
Chairman of Punj Lloyd, Atul Punj leaves 10 Downing Street, in central London, following a meeting of the 'UK-India CEO Forum', on February 3, 2011.Carl Court/AFP/Getty Images

Atul Punj

Atul Punj, the chairman of engineering and construction giant Punj Llyod, owns a Gulfstream IV that is priced at $32.5 million. The aircraft is specially built with two luxury beds and a dedicated bathroom for Punj.

Kushal Pal Singh
Former Indian President Prathiba Patil (L) presents the Padma Bhushan Award to the Chairman of DLF Limited, Kushal Pal Singh, at the Rashtrapati Bhavan in New Delhi on March 31, 2010.RAVEENDRAN/AFP/Getty Images

KP Singh

Indian real estate developer Kushal Pal Singh Tewatia or KP Singh Tewatia, the chairman and CEO of DLF Limited, also owns a Gulfstream IV.

Gautam Singhania
Chairman and managing director of Raymond Textiles, Gautam Singhania, gestures at the launch of his new fabric collection 'Expressions' in Mumbai, 06 October 2005.SEBASTIAN D'SOUZA/AFP/Getty Images

Gautam Singhania

Gautam Singhania, the chairman and managing director of Raymond Group, owns a Bombardier Challenger 600 that is priced at $21 million. The jet has been designed by interior designer Eric Roth.