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Telugu_times
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Post Number: 2216
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Posted on Wednesday, April 16, 2008 - 12:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

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Bazooka
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Telugu_times:


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Telugu_times
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Post Number: 2215
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Posted on Wednesday, April 16, 2008 - 12:21 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Mukesh Ambani, India's wealthiest resident, is building a 60-story vertical palace in Mumbai, complete with a helipad, swimming pool and space to park about 170 cars.
Ambani, chairman of Reliance Industries and No. 14 on 2006 Forbes' list of the world's richest people--with a fortune we estimate at $20.1 billion--is reportedly spending $1 billion for the home in posh south Mumbai.

That would make it vie for the title of the most expensive home in the world.

Ambani bought the 49,000-square-foot plot in 2002. The tower, complete with three floors of gardens and two floors of pools, will rise to 570 feet, or the height of a 60-story residential building, but will have only 27 floors.

The top four floors, with a panoramic view of the city and the Arabian Sea beyond, are expected to be for Ambani, his wife Nita, mother Kokilaben and the couple's three kids. Around 600 staff will reportedly 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.

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