Mukesh Ambani and Nita Ambani's family may have to vacate Rs 150000000000 ultra-luxurious Antilia due to…, land was owned by...

India.com

3 hours ago

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When you think of Antilia, it typically conjures images of unparalleled luxury and grand hyperbole. It is frequently described as India's version of Tony Stark's contemporary mansion, only grander, more authentic, and far more extravagant. This residential behemoth is valued at an astounding Rs 15,000 crore, steeped in fascination and located on Mumbai's Altamount Road.
Surprisingly, the Ambanis live on the 27th floor. Mukesh Ambani, India's richest person, and his family may face a possible legal issue regarding their 27-story house, Antilia, in Mumbai. Antilia is estimated to be worth Rs 15,000 crore, and it's back in the news following the enactment of the newly passed Waqf Amendment Bill, which has once again raised questions about the ownership of the land on which Antilia is built. Mukesh Ambani and Nita Ambani's family may have to vacate Rs 150000000000 ultra-luxurious Antilia due to…
AIMIM president Asaduddin Owaisi has reignited the controversy surrounding the plot of land on which Antilia stands. He recently said the land used to be part of a Waqf property. According to reports, the land was supposedly given in 1986 by Kareem Bhai Ibrahim, who provided it for community purposes, including religious education and an orphanage.
The land was allegedly sold to Mukesh Ambani in 2002 for Rs 21.5 crore – a sale that understandably continues to attract much interest and interrogation. An Action Taken Report (ATR) in the Maharashtra Assembly highlighted that Waqf Board land is meant for charitable or religious purposes, so it is not supposed to be purchased as private land. Also, a report in Dainik Bhaskar noted that the legal process laid out by the Waqf Board wasn't properly followed during the transaction. Antilia, one of the most expensive homes in the World
Despite the continued concerns regarding the legality of the land, the construction of the Ambani residence proceeded. From 2006 to 2010, a design team based in the U.S. handled the design and oversaw the development of Antilia. As of today, Antilia has emerged as one of the most famous and talked-about private homes in the world. The 27-storey skyscraper in Mumbai is equipped with extraordinary features, including an ice cream parlor, a grand banquet hall, 49 bedrooms, 168 parking spaces, a snow room, a private theatre, nine lifts, and even three helipads. Antilia, designed by the Chicago-based architecture firm Perkins and Will, doesn't have a single outdoor AC unit.
The case, which has lingered in the Supreme Court for years, has remained ambiguous. However, with the recent enforcement of the amended Waqf Act, legal experts believe the tides may turn. If the court finds the Waqf Board has a valid title to the land, the Ambani family may have to vacate the property.
According to Grok and various media reports, the 4,532-square-metre land on which Antilia stands was meant to be used for philanthropic purposes. The plot of land was once owned by an orphanage. In 1986, Kareem Bhai Ibrahim is said to have gifted the orphanage's land to the Waqf Board to establish an orphanage and a religious educational institution. However, the land was sold in 2002 for Rs 21. 5 crore to Mukesh Ambani, which has been controversial ever since.
About a decade ago, the Waqf Board submitted a report with an allegation that the land sale did not take the required consequential legal steps. A Dainik Bhaskar report cited by Oneindia Hindi, said that a two-thirds approval of the Board Members was required, which was never held. The report questioned the Charity Commissioner's involvement and said that only the Waqf Board could authorize any sale of properties of its kind.
At the time, the then Maharashtra Chief Minister Devendra Fadnavis referred that his Government would investigate the matter based on the Waqf Board report. The Maharashtra Assembly later reiterated that Waqf land is intended for the public good and cannot be sold for private purposes. The matter has been in limbo for several years in court, and there are increasing calls for an out of court settlement between the Waqf Board and the Kareem Bhai Trust to determine the ownership status and resolve the dispute.