Monday, May 19, 2008

How The Richest Of The Rich Will Live...

Have we forgotten that the world is going through a food crisis and
people are starving in the same country where this home is being
built?

Mukesh Ambani the fifth richest man in the world is building this $2
billlion home in Mumbai, when right across town exists the largest
slum in the world, Dharawi.

"The only remotely comparable high-rise property currently on the
market is the $70 million triplex penthouse at the Pierre Hotel in New
York, designed to resemble a French chateau, and climbing 525 feet in
the air. When the Ambani residence is finished in January, completing
a four-year process, it will be 550 feet high with 400,000 square feet
of interior space. The home will cost more than a hotel or high-rise
of similar size because of its custom measurements and fittings: A
hotel or condominium has a common layout, replicated on every floor,
and uses the same materials throughout the building (such as door
handles, floors, lamps and window treatments)," says an article in
Forbes magazine.

"The Ambani home, called Antilla, differs in that no two floors are
alike in either plans or materials used. At the request of Nita
Ambani, say the designers, if a metal, wood or crystal is part of the
ninth-floor design, it shouldn't be used on the eleventh floor, for
example. The idea is to blend styles and architectural elements so
spaces give the feel of consistency, but without repetition," reports
Forbes, "Antilla's shape is based on Vaastu, an Indian tradition much
like Feng Shui that is said to move energy beneficially through the
building by strategically placing materials, rooms and objects."

Apparently, "Ambani plans to occasionally use the residence for
corporate entertainment, and the family wants the look and feel of the
home's interior to be distinctly Indian; 85% of the materials and
labor will come from outside the U.S., most of it from India," so one
may argue that this is creating a mini industry in India adding to the
economy. However, to most, there are better ways to revitalize the
down trodden than spend $2 billion on an extravagant home for oneself.

Read the full article and see pictures at--
http://www.forbes.com/2008/04/30/home-india-billion-forbeslife-cx_mw_0430realestate.html?feed=rss_popstories

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