Showing posts with label Mukesh Ambani billionaire could lose 'world's most expensive home' over claims the land was sold illegally. Show all posts
Showing posts with label Mukesh Ambani billionaire could lose 'world's most expensive home' over claims the land was sold illegally. Show all posts

Wednesday, 3 August 2011

Mukesh Ambani billionaire could lose 'world's most expensive home' over claims the land was sold illegally


India's richest man could lose his 27-storey family home - thought to be the world's most expensive - because of claims the land was sold illegally.
Mukesh Ambani is facing a federal probe into the construction of his luxury £615million tower block  on Mumbai's Arabian seafront because government ministers claim the plot had been reserved for the education of Muslim children.
The land was sold to Mr Ambani by the Currimbhoy Ebrahim Koja Orphanage Trust for £3million (215million Indian rupees) in 2002.
Absolute luxury: Antilia, built by tycoon Mukesh Ambani for his family of four, towers 27-storeys over Mumbai
Stunning: Antilia, built by tycoon Mukesh Ambani for his family of four, towers 27-storeys over Mumbai, India
The deal was approved by the Mumbai Charity Commissioner.
But Mahammed Arif Naseem Khan, the Maharashtra Minority Affairs and Wakf minister, said the deal was not given the green light by the Maharashtra State Wakf Board, which looks after property or land reserved for religious or charitable purposes.
billion-dollar pad ballroom
Glitz and glamour: Crystal chandeliers take up most of the ceiling in the ballroom. There is also a stage for entertainers and a kitchen which can serve hundreds of guests
Fine rugs, chandeliers and mirrors feature heavily in the numerous sitting areas lthroughout the building
Fine rugs, chandeliers and mirrors feature heavily in the numerous sitting areas lthroughout the building