[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Languages
Last Updated: Friday, 1 June 2007, 16:41 GMT 17:41 UK
Dream home of India's richest man
By Zubair Ahmed
BBC News, Mumbai

WHAT WILL BE INSIDE?
Mukesh Ambani's skyscraper under construction
Six floors for parking
An entertainment floor complete with a mini theatre
Three helipads
A health floor with athletics and swimming facilities
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.

Construction of the family home is well under way.

'Full view'

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.

Mukesh Ambani
Mr Ambani has been accused of an obscene display of wealth

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.




SEE ALSO
India leads Asia billionaire club
09 Mar 07 |  South Asia
Retail boss tops China rich list
02 Nov 06 |  Business
Woman tops China's new rich list
11 Oct 06 |  Business
Billionaires rule US richest list
22 Sep 06 |  Business
Forbes reports billionaire boom
10 Mar 06 |  Business
Britain's heavy metal billionaire
27 Jan 06 |  Business

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific