1 Billion dollars! If you could get someone to make the loan at current standard (US) jumbo mortgage rates, the monthly payment on a 30-year loan would be about 12.5 million dollars. Of course, a $2 billion loan is not going to go into the standard mortgage market, even for jumbo loans.
January 2012 update
Unbelievable.That is the only word fit to describe the fact that the world’s tallest, most luxurious, lavish and downright most expensive single-family home has been left lying empty for what is now more than a year since its completion. People are understandably angry at the waste. But that is not the only unbelievable thing about this mammoth building built by Indian billionaire Mukesh Ambani.
The latest reason being given for the family’s failure to move into their home with its cinemas, helipads and crystal chandeliered ballroom is that it doesn’t have enough eastern facing windows. The reports say that the family fears living in the building would plunge them into a curse of bad luck, for not adhering to the principles of Vastu Shastra – a Hindu variant of Feng Shui!
More Antilla Mumbai Facts
- 3 helipads on top. Mumbai corporation has not given permission for making this operational yet.
- Hanging gardens within the structure
- Swimming pool within the structure
- A two storey Health centre
- Parking space for 168 cars (6 floors). I initially thought that meant there will be a mini office in the building but apparently that is not the case. All these cars will belong to Mukesh Ambani! Just in case you are interested, he drives a 5 crore Maybach now.
- A floor exclusively for servicing these automobiles within the building.
- A floor for Home theatre – sitting capacity of 50
2nd Most Expensive House in the World - Villa Leopolda
most expensive house in the world. A Russian billionaire called Mikhail Proklhorov (24th richest man in the world) who is worth nearly £6 billion lost a £36 million deposit on a sprawling villa called Villa Leopolda on the French Riviera after a court in Nice refused to return the lump sum. He backed out of the sale of the clifftop Villa Leopolda after promising to buy it for 390 million euros in 2008. The luxury property has had many price tags but it's average price has hovered around the staggering $500 million. That was until Antilla Mumbai was unleashed, the first billion dollar house.
Villa Leopolda was built in 1902 by King Leopold II of Belgium and takes its name from him. The villa was used as the location of Lermontov's villa in The Red Shoes. The heroine climb the steps to the villa thinking that she's been invited to dinner when really she is going to be given the star role in the new ballet.
The Villa Leopolda estate is spread over two guest houses across 20 acres of grounds with countless olive, cypress and lemon trees taken care by 50 gardeners. Villa Leopolda is most famous, not for the King's gift to his lover, but because of one the home's rumored owners, Bill Gates - the Microsoft founder.
Since the luxury home was built, there have been multiple rumors about who has and who hasn't lived there. Bill Gates is just one of the many people who have never called Villa Leopolda home, yet is one of the most commonly placed people within the estate's walls. Regardless of who owns it, Villa Leopolda can easily be considered one of the great wonders of the world.
The front of the estate is landscaped beautifully and surrounded by a thick, well-kept tree line. The steps leading up the estate are pink and beige and are the original steps Leopold had constructed. Lily Safra, former owner and wife of the deceased Lebanese businessman Edmond Safra, kept the house in remarkable condition. The mere size of the estate is mind-boggling, with guest homes, swimming pools, and much more covering around 18 acres - most of it being the main house.
There are 19 luxurious bedrooms inside of the Villa, including huge bathrooms, antique furnishings, walk-out terraces, and fireplaces. Other features inside of the home include sporting courts, a bowling alley, multiple kitchens and dining rooms, a movie theater, and other touches like rare marble and period artwork.
Outside of the home, the olive, cypress and lemon trees are like miniature orchards on the residence. It takes over 50 full-time gardeners to maintain the lavish look of the landscape, and most are able to stay on-grounds in living quarters.
The 80,000+ square-foot estate is easily one of the worlds most spectacular. Villa Leopolda has been featured on many television shows like Lifestyles of the Rich and Famous and VH1's Fabulous Life Of. It has also been featured in many magazines such as Forbes, and is constantly considered one of the foremost historical properties in all of Europe.
This post was sourced from the Most Expensive blog. We hope you enjoyed reading this and if you did then recommend reading our post on World's Most Expensive Homes