Dream home of India's richest man

[Bull]

Details have emerged of a huge new building in Mumbai that is being built by India's richest man, Mukesh Ambani.

His skyscraper home in the city will be over 170m tall and will have an army of 600 staff to manage it.

Its 27 floors on a 4,532 sq metre plot will provide a panoramic view of the entire city of Mumbai (Bombay) once it is completed next year.

With the country's economy soaring, India's commercial city is poised to have many more such skyscrapers.

The son of a former petrol pump attendant who went on to build a business empire, Mukesh Ambani is reportedly spending $1bn on his new home.

Legend has it that Mr Ambani - the chairman, and largest shareholder of Reliance Industries, India's largest private sector company - wants to enjoy a "full view" of the Arabian Sea.

So his architects came up with the idea of a 27-storey home.

The first six floors will serve as car parks. A health club will be built on the next two and the few floors above that will house hundreds of staff.

Fifty-year-old Mr Ambani and his family will occupy the top floors of the building which will also have a helipad and swimming pools.

Critics say it is an obscene display of wealth, especially in a city where more than half the inhabitants live on the pavements.

Architects believe that the construction of high-rises will provide a long-term solution to the problem of sheltering the city's homeless, especially when development land is in short supply.

One architect who is constructing a building which will be even taller than that planned by Mr Ambani told the BBC that Mumbai will soon be "littered with high-rises" as the government strives to shift slum dwellers into tower blocks.

http://news.bbc.co.uk/2/hi/south_asia/6712605.stm

 

[Bull]

Im not sure in a land such as India where there is massive number of poors, such show of wealth should be allowed or undertaken.

India/Mumbai is no Monaco or Paris that it needs such osbcene display of wealth.

 

[Samudra]

Im not sure in a land such as India where there is massive number of poors, such show of wealth should be allowed or undertaken.

India/Mumbai is no Monaco or Paris that it needs such osbcene display of wealth.

His money. His home.

 

[Bull]

His money. His home.

Very true...but such a iconic figure should understand and respect the situation that previals.

 

[Samudra]

Very true...but such a iconic figure should understand and respect the situation that previals.

Well, you could stretch that to its limits and still it wouldn't be enough. Like..why should I have a home with ten rooms when there are people with no homes ?

So, as I said its his money - he is free to do whatever he wants to do with it.

This one man has done more to alleviate poverty than most of us by running his business.

 

[Bushroda]

Im not sure in a land such as India where there is massive number of poors, such show of wealth should be allowed or undertaken.

India/Mumbai is no Monaco or Paris that it needs such osbcene display of wealth.

When did you get influenced by Sitaram Yechury.

 

[Bull]

When did you get influenced by Sitaram Yechury.

I was a communist!!! Pretty staunch one, still has a little bit of it running in my blood.

 

[Cheetah786]

Im not sure in a land such as India where there is massive number of poors, such show of wealth should be allowed or undertaken.

India/Mumbai is no Monaco or Paris that it needs such osbcene display of wealth.

why not.
He worked for it he has every right to do as he likes with his money.his house should be a inspiration to the on lookers ''if u want it work for it''.

 

[Cheetah786]

Very true...but such a iconic figure should understand and respect the situation that previals.

construction of the house is creating jobs.after its complete 600 to 700 people will work there full time.they might not be high paying jobs.but sure beats unemployment.

 

[Bull]

construction of the house is creating jobs.after its complete 600 to 700 people will work there full time.they might not be high paying jobs.but sure beats unemployment.

Hmm well yeah...but imagine $1bn. We definitly could have provided employment to more than 600 with that.

 

[genmirajborgza786]

Originally Posted by Bull
Im not sure in a land such as India where there is massive number of poors, such show of wealth should be allowed or undertaken.

India/Mumbai is no Monaco or Paris that it needs such osbcene display of wealth.

I was a communist!!! Pretty staunch one, still has a little bit of it running in my blood.

me a socialist to the core i totally agree with you rascals like these should be linched in india-pakistan-bd-sl in genaral south asia & the mid-east & africa these are the illigemete children of the imperealist masters i hate them

 

[Always Neutral]

me a socialist to the core i totally agree with you rascals like these should be linched in india-pakistan-bd-sl in genaral south asia & the mid-east & africa these are the illigemete children of the imperealist masters i hate them

Actually his father Dhirubhai Ambani, who created the empire called Reliance Ltd started off as petrol pump attendent in Aden and then became a trader in polyester clothes followed by trading in chemicals until finally he built the cheapest manufacturer of Polyester and largest refinery of petrol and diesel over a period of 40 years so he could hardly be called an illegimate son of the imperialist master. All his projects including the worlds largest greenfield refinary in Jamnagar have been started from scratch and not inherited when the British left India.

His empire employes nearly half a million people directly / indirectly and the majority of his loyal shareholders have become millionaires in the last decade.

I think the writer (not the poster) of the original article is being to harsh and just quoting so called sources close to the construction with any proof. People who live in Jamnagar town not working for Reliance Ltd will vouch that for 30 days he supplied drinking water free of cost to the whole city from the refinaries desalination plant after the drought and earthquake there. This is in a place so arid that water is weight in gold.

I am not sure whether he is the richest Indian as Laxmi Mithal who lives in London but has only Indian passport is richer than him.

Regards

 

[Contrarian]

Excellent post always neutral. I did not know that he supplied the town with water from the reliance refinery's desalination plant.

 

[Bushroda]

Dhirubhai was a down to earth man who exactly knew the value of money. He would've never spent an exuberent amount of $1 billion in building a dream home. But ofcourse, Mukesh Ambani having inherited a fortune without having to take the hard road can spend his money whatever way he wants. Eventually it is all going to come down into government's coffers.

 

[Always Neutral]

Dhirubhai was a down to earth man who exactly knew the value of money. He would've never spent an exuberent amount of $1 billion in building a dream home. But ofcourse, Mukesh Ambani having inherited a fortune without having to take the hard road can spend his money whatever way he wants. Eventually it is all going to come down into government's coffers.

Dear Bushroda,

Nice to cross your path in this forum. Here are some nuggets on the Ambanis. My Indian friends can correct me if I am wrong

The house which Dhirubhai lived with both his sons Mukesh and Anil is called Seawind in Mumbai (Bombay) Colaba just outside the naval base. He bought this from Taj Hotels in 1980's. The first 5 floors are car parkings followed by another 12 stories of houses, gyms, pools and private offices for him. His sons were in their early 20's then. After he died his son Anil moved out and now Mukesh is moving out too.

When Indias richest man had his second stroke he was at his house. Unfortunately he had it when it was peak traffic hours in Mumbai. It took one hour to get him to the nearest A class hospital just 5 km away. The ambulance which took him had to drive on the Pavement.

Due to the high security of the naval base nearby he could never get helicopter landing permission on his roof. It normally takes two hours in peak traffic time to get to the airport so I guess Mukesh is making sure he does not face that problem.

I was in India with an Indian collegue who pointed out Mukesh Ambani having pizza with family two tables away. He did not have any bodyguards and seemed immensely approachable. I dont know if I had approached him if things would have become different.

All said and done when dhirubhai died Reliance undevided was USD 3 billion company. today both his sons after their split are 6 & 7 richest in the world. Hats of to asian enterpreneurship.

Regards