While owning a home remains a dream for the majority of the people in India, the billionaires and the Bollywood celebs are buying homes worth millions or even billions. Here we go through some of the most expensive homes in India. Continue reading
The Supreme Court, after hearing the request filed by Securities and Exchange Board of India, halted Allahabad High Court and the Securities Appellate Tribunal from hearing all the pleas filed by SHIC, SIREC and Subrata Roy. Continue reading
A few days after the news came out that the property prices have shot up in many of the cities including Delhi, Bangalore, etc., some Mumbai developers said that they have cut down the prices for new launches. Continue reading
Bharti Walmart prefers to set up its first cash and carry store in Bangalore. The firm is the Indian wing of American retail major has entered into final talks with Bangalore based Century Real Estate Holdings. Continue reading
Sagarika Ghatge, the Bollywood actress who came to the limelight of film industry with Chak De! India, has recently filed a case against a realty firm. She alleged that her photos were used by the firm for the promotion of its projects. Earlier she had endorsement deal with the same firm. However the deal ended in mid 2011. Continue reading
MUMBAI: Home sales are down. The real estate market is sluggish. Yet the home prices are not affected by them. It seems that the home prices are not aware of the weak home sales. Continue reading
Dubai based Meydan Group plans to develop a project in Dubai’s Mohammad Bin Rashid City. The project will be launched in conglomeration with Indian developer Lodha Group. Continue reading
As the summer is approaching, water shortage has become one of the main keywords in the headlines. We know that people are affected. Are the people alone affected? No, many industries are also affected with it. Continue reading
BANGALORE: Even when the group is stepping on hot live-coals spread by the Securities and Exchange Board of India, and the order of Supreme Court, Sahara has no change, no fear. Continue reading
Bangalore is one of the prime IT hubs in India. It is known for its IT development. Temperate climate, end-user oriented residential sector, stable property prices, etc. were some of the most used adjectives for Bangalore city. Adding to all these is the top position for developing most number of housing projects for the ‘seniors.’ Continue reading
Sluggishness has spread its shadow on residential market. Home sales are falling down as there are no property buyers. What could the developers do to boost the buyers’ sentiments? Here we see how they are promoting their projects under the banner ‘best option for property investment.’ Continue reading
Filing a new petition, Securities and Exchange Board of India– SEBI asked the Supreme Court to hear all the cases against the two Sahara Firms and its chief. Continue reading
Bollywood Badshah Shahrukh Khan owns Mannat, a home which suits his popularity and fame. Rightly saying this is one of the most expensive homes in the world. Continue reading
DELHI NCR: Noida Authority believes that the troubles of the daily commuters of Noida will be cut short if two bridges across the Yamuna are built. With this proposal the authority has approached Haryana Urban Development Authority. Continue reading
NEW DELHI: Receiving complaints from various sources against some realty firms, the central government is planning to scan these firms. The government said that it has received complaints against 18 realty firms across the country and will scan their schemes and policies. Continue reading
NOIDA: Construction laborers, alleging a developer for not paying their wages, turned violent on last Saturday. The violent laborers set four vehicles on fire, besides damaging the developer’s office. Continue reading
Buildings built for Information Technology may soon be turned into shopping malls and office spaces. The Chennai Metropolitan Development Authority –CMDA has sanctioned the conversion of IT buildings into other purposes. Continue reading
The developers would not have imagined that the sky reaching property prices will have as disastrous as this. Many of the builders now have unsold properties at their hand as they are not able to find any property buyers. Continue reading
Vertical development remains one of the best options to meet the surging housing demand. In fact, due to land scarcity, it has become necessary than optional. Meanwhile it has boosted the growth of elevator industry as well. Continue reading
Antilla, the home of Mukesh Ambani, has been one of the hot topics. The 27-storied mansion was built with $1 billion. It is one among the most expensive homes in the world. Let us have a glance at what the specialties of this mansion has.
Antilla, the home of Mukesh Ambani is built in 27 stories.
The 400,000 sq. ft. mansion is located on Altamount Road, one of the most posh areas in Mumbai. Though the mansion has only 27 stories, the height of it is almost 40 stories. This is because some of the stories are built in double the size of a single story.
Speaking about Antilla, Nita Ambani, the wife of Mukesh Ambani, said that this is the sole home they own on this earth. Earlier they were living at a home which was shared by his brother and mother.
The garage is so big that 168 cars can be parked easily. The garage is built in multi-stories. Besides this, the mansion has three helipads on the roof. It means that you can land in the home by air too.
Luxurious interiors of Antilla, Mukesh Ambani’s home.
Terraced garden, spa, lobby, etc. are some of the main attractions of Antilla. There are nine elevators in the lobby alone. While recreation center built in two stories remains the place for recreation, a temple for daily prayer of the family is built.
Antilla has other facilities like ball rooms, guest suites, a 50-seater theater, etc. For maintaining and cleaning all these rooms and home, there are sufficient numbers of staff as well.
Nita Ambani said to the Vanity Fair magazine that they are living in the upper floors as they wish to have more sunlight.
The Sun and the lotus are the two main themes visible everywhere in the mansion. These themes are repeatedly used inside the mansion in rare materials like crystal, nacre also known as mother-of-pearl and marble.
Now you have come to know why Antilla is counted among the most expensive homes in the world. However, interestingly, the name is related to an island in the Atlantic Ocean which existed only in myths.
A standing committee of PMC (Pune Municipal Corporation) postponed the reduction in property tax discount. Earlier the civic body had proposed a 5% reduction in property tax discount. However, the standing committee has postponed it decision on the reduction for two months. Continue reading
The demand for branded homes and theme homes is increasing. Seeing this increasing demand for these models of residential projects, Supertech has tied up with Disney India. Continue reading
Barjeel Geojit Securities is a joint venture between Sheikh Sultan bin Saud Al Qassemi and Geojit BNP Paribas Financial Services Limited. Sheikh Sultan bin Saud Al Qassemi is the chairman of the firm which offers a number of value added services to its clients. Continue reading
House of Patels Group, Dubai based real estate group, plans to develop a luxury residential or hotel project in India. Commenting on the plan, the group chairman Asgar Patel said that he plans to develop the project in the land which he owns in India. Continue reading
On Monday, Supreme Court gave one week time to both Sahara firms and Subrata Roy for replying to the contempt petition filed by Securities and Exchange Board of India. Continue reading