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Reading: Mukesh Ambani’s Antilia vs Burj Khalifa: A Study in Luxury Real Estate Costs
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Burj Khalif, Mukesh Ambani’s Antilia
PhotoNews Pakistan > Offbeat > Mukesh Ambani’s Antilia vs Burj Khalifa: A Study in Luxury Real Estate Costs
Offbeat

Mukesh Ambani’s Antilia vs Burj Khalifa: A Study in Luxury Real Estate Costs

Web Desk
By Web Desk Published May 24, 2024 2 Min Read
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Dubai Burj Khalif (Photo Credits: iStockphoto / dblight), The Ambanis' tower Known as Antilia (Photo Credits: Ashwin Nagpal Via Business Insider)
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With a net worth of $113 billion, Mukesh Ambani is Asia’s wealthiest. He is renowned for his portfolio of the world’s most luxurious real estate, including the Antilia Tower in Mumbai, which ranks among the most expensive homes globally.

Located on Mumbai’s prestigious Altamount Road, often dubbed the billionaires’ row, the Antilia Tower is an architectural marvel standing 568 feet tall with 27 floors. The design and construction reflect bespoke luxury, with the top six floors reserved exclusively for Ambani’s family: his wife Nita, sons Akash and Anant, daughter-in-law Shloka, and grandchildren Prithvi and Veda.

Home of one of the richest man of the world- Mukesh Ambani's Antilia#JaiShriRam pic.twitter.com/n6TaKrBIqx

— Megh Updates 🚨™ (@MeghUpdates) January 21, 2024

According to DNA India, two U.S. firms constructed this opulent residence between 2004 and 2010, with costs reportedly reaching INR 15,000 crore.

One of Richest Man in World, Mukesh Ambani's house 'Antilia' is all decked up before Ram Lala's Pran Pratishtha pic.twitter.com/pPN8ZvQdbR

— Megh Updates 🚨™ (@MeghUpdates) January 21, 2024

In stark contrast, the Burj Khalifa in Dubai, the tallest building in the world at 2,716 feet and 163 floors, represents a monumental feat in engineering and design. The skyscraper, which houses a combination of commercial, residential, and hospitality venues, was constructed by a South Korean company during the same period.

Despite its scale and the complexity associated with such a towering structure, the Burj Khalifa’s construction costs were significantly lower, around $1.5 billion, equating to over INR 12,000 crore today.

Dear Everyone who thinks that Trump was treated unfairly in Judge Engoron’s ruling.

Consider this: Trump Organization claimed Mar-a-lago should be valued between $1-1.5 Billion.

Below is the Burj Khalifa. It is the world’s tallest building in Dubai. It reportedly cost $1.5… pic.twitter.com/SfiDJplsyx

— Ed Krassenstein (@EdKrassen) February 17, 2024

The comparison illuminates a fascinating facet of global real estate and architectural investments, revealing how Ambani’s Antilia surpasses even Burj Khalifa’s construction expenditure despite its relatively modest height.

Such a disparity underscores the ultra-high cost of bespoke residential projects compared to even the most iconic commercial skyscrapers, highlighting the unique market dynamics of luxury real estate where exclusivity and personalization drive prices to unparalleled heights.

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