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...guys remember, its a $2 billion house...
It's NOT a $ 2 billion house.

I wouldn't go as far as others calling it a publicity stunt, at least not from the Ambani side. Just days after the original Forbes article (30 April 2008)...

...Forbes published a follow-up (19 May 2008)...

stating that "The cost, originally set at $1 billion, is approaching $2 billion. This according to, but since retracted by, one of the design consultants, Hirsch Bedner Associates of Los Angeles. A spokesman for Ambani, head of petrochemicals giant Reliance Industries, calls such numbers "a gross exaggeration"."

Very strange wording if you think about it, retraction by the original source, denial by an Ambani spokesman but Forbes at the same time fortifying the claim against all insiders.

It probably didn't help that Forbes is obsessed since at least 2002 with the "Billion Dollar Home", speculating nonsense like that if you could for example sell the US White House (which you obviously can't) it might command a price of a billion USD. So the story was probably just too good to check for plausibility.

But how did the number come up? I don't know, but here's something that could make you scratch your head:

Take the kind of offical estimate of the Reliance spokesman of

USD 50 million

Now multiply that by the exchange rate to the Indian Rupee at the time that crap came up (April 2008):

x 40

And you get... Rrrrrrright!

2 BILLION INDIAN RUPEES


Now personally I would consider 50 to 70 million USD a bit low for that kind of building but what are we talking about anyway? Just pure construction cost? Including or excluding the prime Mumbai lot? With or without interior? The numbers are so messed up at this point, that it's useless trying to figure it out. Forbes as a source is not helping and neither are any publications that mindlessly copied from it (which seems to be just about all of them).
 

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The height of exclusivity

The height of exclusivity

By Sudhir Suryawanshi
Posted On Tuesday, May 11, 2010 at 04:34:55 AM

Already reams have been written on the Godzilla-sized building that towers over Pedder Road. But now it emerges that the richest man in the country is taking ample precaution to keep off all peeping Toms, including his posh but curious neighbours.

The compound wall of his new home at Altamount Road will be minimum two storey high, and in places 43 feet high, that’s nearly four floors.

The compound wall for which the architectural firm, Bhatnagar Ambre Kothari, had to seek special clearance from BMC Commissioner Swadhin Khshtriya, towers above even the street lights.

The average height of compound walls in Mumbai is two metres, that is six-and-a-half-feet high.

“Mukesh Ambani is a high-profile man and considering security issues, we saw it fit to allow his architects to build a compound wall with the minimum height of 6.2 metres,” said a senior BMC official, not wishing to be identified.

Contrast Antilla’s compound wall with that of the homes of other celebrities. The perimeter wall around Shah Rukh Khan’s home Mannat at Bandra for instance, is 12 feet high, while Amitabh Bachchan’s Juhu home has a surrounding wall that is 11 feet high.

Antilla, which is expected to be ready in the next six months, is sixty-storey high but actually has only twenty-seven floors with six floors reserved for the RIL boss' fleet of cars, and a seventh floor for garage and maintenance work.

The entire project which began in 2007 remains shrouded in utmost secrecy. Each labourer working on the project has to go through rigorous security clearance and everything that the labourers carry, including seemingly innocuous things like pens and diaries, is checked by security before they are allowed in.

BMC officials who visit the site from time to time have to notify a week or two in advance about their visit and are given temporary IDs before they can inspect the site.

A source revealed that the 4,778 sq metres area of the building uneven as it's located on the slope of Cumballa Hill. "Due to that in places we have even permitted a perimeter wall of 14.1 meter."

Towards this end the builders had to also seek no-objection certificate from utilities Brihanmumbai Electricity Supply and Transport undertaking (BEST) and Mahanagar Telephone Nigam Ltd (MTNL), both of which have substantial plots surrounding Antilla.

As per the architect's plan the wall will have strategic 'windows' so that the neighbours do not feel suffocated.

As for the Ambani family of course, there's no question of feeling hemmed in.

The building has been constructed so as to afford its residents a sweeping, 360 degree panoramic view of the entire city.

copyright : Mumbai Mirror
http://www.mumbaimirror.com/article/15/20100511201005110434551111d482273/The-height-of-exclusivity.html
 

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India under construction.
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Unless he builds walls as tall as his building he will be seen from outside very easily.
thats what you get when u build a tall dabba for yourself. while on third floor or fourth floor , all they will see is a wall in front of them.

though he has all the rights of keeping the secrecy i hope release pics of interiors at some point of time.
 

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Cov Boy
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Building such a tower in South Mumbai will certainly get curious/nosey neighbours what did Mukesh expect?

Such boundaries and walls spoil views and the surronding areas.

SRK's house "Mannat" is a lovely historical building spoiled by the high walls as is Big B's house.

I can understand the security issues and that such people are high profile but please make boundaries/walls elegant lol.
 

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It was such a pain, hitting that massive six, only to be rejudged as out, cause it went over the wall on to the next building and climbing that wall and hoping to find the 10 rupee mri ball. Neighbors kids will be lucky to have such a huge wall.
 

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DIPLOMAT
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Unless he builds walls as tall as his building he will be seen from outside very easily.
thats what you get when u build a tall dabba for yourself. while on third floor or fourth floor , all they will see is a wall in front of them.

though he has all the rights of keeping the secrecy i hope release pics of interiors at some point of time.
once it is open we can expect some mass mails from friends / relatives about the picture scoops of the interiors as it usually happens with all the high profile buildings around the world.
 
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