India's Richest Man builds 60 Story House for Family

While emerging third world nations like India lecture the United States on global warming they continue to exempt themselves in ever more specatcluar fashion.

India's richest man builds 60-storey home

· £500m Mumbai tower for family of six and 600 staff
· High-rise era attacked as dawn of 'new vulgarity'

Randeep Ramesh in New Delhi
Friday June 1, 2007
The Guardian

An artist's impression of the Ambani house in Mumbai. Photograph: Mumbai Mirror

In the most conspicuous sign yet of India's unprecedented prosperity, the country's richest man, Mukesh Ambani, is building a new home in the financial hub of Mumbai: a 60-storey palace with helipad, health club and six floors of car parking.
The building, named Antilla after a mythical island, will have a total floor area greater than Versailles and be home for Mr Ambani, his mother, wife, three children and 600 full-time staff.

Draped in hanging gardens, the building will have a floor for a home theatre, a glass-fronted apartment for guests, and a two-storey health club. As the ceilings are three times as high as a normal building's, the 173m (570ft) tower will only have 27 floors.
With property prices rocketing, the building is already worth more than £500m. It is expected to be ready for the Ambanis to move in next year. The family currently live in a 14-storey building, Sea Wind.

Mukesh Ambani's Reliance Group is India's largest private company, with interests in oil, retail and biotechnology. The 50-year-old became the country's first rupee trillionaire this week, taking his net worth to £14bn.

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