Antilia is the world’s most expensive house

Reliance Industries ( RIL) chairman Mukesh Ambani’s skyscraper residence in Mumbai is the most expensive billionaire home in the world, according to a Forbes list which also includes Indian-origin steel tycoon Lakshmi Mittal’s houses in London.

Ambani’s 27-storey, 4,00,000-square-foot skyscraper home Antilia — named after a mythical island in the Atlantic — tops the Forbes list of the most expensive homes in the world.

“The title of the most outrageously expensive property in the world still belongs to Mukesh Ambani’s Antilia in Mumbai,” Forbes said, adding it is the world’s most expensive home “far and away” with construction costs reported between a range of $1 billion to $2 billion. The house has six stories of underground parking, three helicopter pads, and reportedly requires a staff of 600 to keep it running.

Mittal’s houses in London’s Kensington Palace Gardens occupy the 5th and the 18th spot on the list of the 21 most expensive billionaire homes in the world. One house, ‘ Taj Mittal’ owned by Mittal was purchased for nearly $90 million in 2004. The house has 12 bedrooms, a pool and marble sourced from the same quarry as the Taj Mahal, Forbes said.