Antilia (building)

Antilia is the residence of the Indian billionaire businessman Mukesh Ambani and his family. It is located on Billionaires' Row in Mumbai. Built from 2006 to 2010 at a cost of nearly US$2 billion, it was valued at US$4.6 billion in 2023. It is the most expensive residence in India and one of the most expensive and largest private homes in the world.

It is designed to withstand a magnitude-eight earthquake. The top six floors are private residential areas. The structure's design incorporates the lotus plant and the sun.

The structure is 27 storeys and 173 metres (568 ft) tall, over 37,000 square metres (400,000 sq ft) in area, and equipped with amenities including a 168-car garage, ballroom, 9 high-speed lifts, a 50-seat theatre, terrace gardens, swimming pool, spa, health centre, temple, and a "snow room", which produces snowflakes from its walls.

Timeline of value

It was constructed between 2008 and 2010.

In 2007, due to a sustained real-estate bubble in Mumbai, Ambani's unbuilt house and the 4,532-square-metre plot on which it was being erected were already estimated to be worth more than US$1.2 billion.

In 2014, it was considered the world's most expensive private residence, costing between US$1 and US$2 billion to build.

As of 2023, it was valued at $4.6 billion, with the average annual growth rate of home prices in Mumbai from 2010 to 2020 at 11.2 per cent. Prices in Mumbai increased by 100 per cent in 2006 and 19 per cent in 2012.