This extravagant property houses the entire Ambani family
When it comes to Indian business tycoons, it is inevitable that they will own a luxury home, in many cases, more than one.
This is due to the fact that they amass an immense fortune.
While pricey cars are one thing to go for, a house is what defines them as it gives an indication of their personality.
As well as owning large homes in India, many business tycoons have multiple homes located across the world.
They go to stay at their other properties when travelling to these locations.
As expected, all of these homes are at the pinnacle of luxury to meet their grand expectations.
We look at some of the magnificent luxury homes which are owned by Indian business tycoons.
Antilla – Mukesh Ambani
Mukesh Ambani’s Mumbai home, named Antilla, is deemed to be the world’s most expensive residential property after Buckingham Palace.
Construction for the 27-story building was completed in 2010 and cost approximately £1.58 billion (Rs. 1.4 Kharab) to build.
This extravagant property houses the entire Ambani family as well as 600 employees who keep the property in top shape for the owner.
Antilla features nine high-speed lifts, a home-theatre for 50 people and three helipads.
In addition, Ambani’s home in downtown Mumbai has a multi-storey garage that has enough capacity for 168 cars.
The home offers a layer of protection to its occupants as it has been designed to survive earthquakes which can reach eight on the Richter scale.
Antilla is the most expensive private residence in the world, establishing it as one of the most extravagant homes owned by an Indian business tycoon.
Kensington Palace Gardens – Lakshmi Mittal
Lakshmi Mittal, the CEO of ArcelorMittal, is one Indian business tycoon who likes to live a life of luxury.
The businessman owns a property in Kensington Palace Gardens, deemed to be the world’s second-most expensive street.
The street is nicknamed ‘Billionaire’s Row’ and Mittal has neighbours like Roman Abramovich and Len Blavatnik.
Although the mansion is a luxurious asset, it is not the only property on the street Mittal has owned.
In 2008, Mittal purchased a neo-Georgian mansion for an eye-watering £117 million, which was Britain’s most expensive home at the time.
It has 12 bedrooms and was 14,736 square feet. The property was bought for Mittal’s son Aditya.
However, it was reported that the family never moved in and Mittal sold it, taking a £7 million loss.
Mittal is regarded as one of India’s most respected business tycoons but his purchases are not one to go unnoticed.
Tees January Marg – The Ruia Family
Shashi Ruia and Ravi Ruia are commonly referred to as the Ruia Brothers and are the owners of multinational conglomerate Essar Group.
Their operations are spread across 20 countries and over five continents.
As one of India’s wealthiest families, it is no surprise that they own a plethora of luxury homes.
While they own houses in Mumbai, London and Gujarat, one of their most well-known homes is situated in Delhi.
The family purchased a 2.26-acre property in Tees January Marg, one of Delhi’s most sought-after areas for real estate.
The house was purchased for around Rs. 91 Crore (£10 million) in 2006.
Another property they own in Delhi is located in the Jor Bagh area. It is one of Delhi’s most expensive residential areas.
The 1,250 square yard bungalow was bought by the Ruia family as a guesthouse.
Carlton House – The Hindujas
Srichand Parmanand and Gopichand Hinduja are Indian born British billionaires who have been consistently ranked among the UK and Asia‘s wealthiest people since the 1990s.
They are co-chairmen of the Indian conglomerate company, Hinduja Group.
As two prominent business tycoons, it is only fitting that they own a luxurious mansion.
Carlton Mansion is a six-storey property consisting of four interconnected Georgian houses and situated in the heart of London’s Westminister, near Buckingham Palace.
The mansion was put up for sale by the Crown Estate. At that point, the Hindujas outbid various billionaires in order to obtain the property.
The family then set to work on the building, restoring it to its former glory. In total, the Hindujas spent around £100 million.
Carlton House was the official residence of King George IV when he was Prince Regent. There are over 50 spacious rooms, a swimming pool and a private cinema.
Work on the property lasted for five years before the business tycoons moved in and called it home.
JK House – Gautam Singhania
Gautam Singhania is known for his lavish purchases. The business tycoon is renowned for his array of cars and the same can be said for his home.
JK House is a 37-storied building situated in Breach Candy in Mumbai and it overlooks the sea.
Not only is it Singhania’s private residence but it is also a textile showroom.
Some of the features include a multi-level car parking facility, private swimming pool, gym, spa and helipad. There is also a museum floor which houses Singhania’s jade collection.
Another feature which holds sentiment to the Raymond Group boss is a 45-foot marble canopy which honours his grandfather.
Singhania replaced a seated statue of Queen Victoria with Lala Kailashpat Singhania.
“That’s my grandfather, I have made it out of respect for him.”
Singhania revealed that the canopy was at his bungalow in Juhu. He also said that approximately 350 tonnes of marble were used in its construction.
“It’s a beautiful structure. I wanted to put it out for the city to see.”
Colaba Bungalow – Ratan Tata
Ratan Tata is the former chairman of Tata Sons and former chairman of the Tata Group.
The business tycoon owns a lavish bungalow in Mumbai’s Colaba area which is high-priced when it comes to real estate.
The property is worth approximately Rs. 150 Crore (£16.7 million) and is spread over an area of 13,350 square feet.
It has three floors, however, each floor is divided into levels meaning that there are seven floors in total.
The first floor has a living room, two bedrooms and a study.
It also has a large sun deck which runs across the entire floor and can easily accommodate a bar as well as up to 60 people.
The second floor has three bedrooms, a living room, and a library.
The third floor has a sophisticated media room, gym, and a bedroom. The second level of this floor contains a swimming pool, a lounge, and a sun deck.
In the basement contains quarters for servants and enough parking space for up to 12 cars.
Pali Hill – Anil Ambani
The Ambani family are known for their extravagant purchases and while Mukesh owns Antilla, his brother Anil is not one to be outdone.
His home in Pali Hill, Mumbai is 66 metres high though Ambani originally wanted it to be 150 metres.
During construction in 2010, the proposal to have it stand 150 metres was met with controversy. The Pali Hill Residents Association (PHRA) had opposed the move.
Madhu Poplai, PHRA secretary, said at the time:
“There is a water reservoir that supplies to almost all of Bandra and Khar adjacent to this plot.
“The new building will also be in the flight path of planes taking off and landing at the airport.”
While it was decided that it would stand at 66-metres, no expense was spared. It was reported that it cost Rs. 5,000 Crore (£557 million) to construct.
Despite the obstacles during construction, Anil’s luxury home remains one of India’s most recognised and one which can compete with his elder brother’s.
Indian business tycoons own some of the world’s most luxurious homes. All of their homes are unique and some are influenced by architectural styles.
While some prefer a classic look, others opt for a more contemporary property.
They all reflect their contrasting personalities, but some things are the same. They are all extremely elegant and some are so expensive we can only dream about owning them.