Who was owner of land on which Mukesh Ambani and Nita Ambani's Rs 15000 crore Antilia is built? Ambanis bought the land for only Rs...
Mukesh Ambani and Nita Ambani's Antilia: If you know about luxurious house of India, you would also know about Mukesh Ambani and Nita Ambani's Antilia which is one of the most luxurious residences in the world. Valued at an astonishing Rs 15,000 crore, the opulent mansion of the Ambani family was designed by the American architecture firm Perkins and Will. Built at an estimated cost of $2 billion (around Rs 17,400 crore), the luxurious home is packed with top-tier features like a fully equipped gym, spa, multiple swimming pools, a theater, lush terrace gardens, a private temple, and even a dedicated health center.
But do you know how much Mukesh Ambani paid for the land on which this grand residence stands? Here's a look at the fascinating history behind the plot where Antilia was built.
How Mukesh Ambani brought land for Antilia
AIMIM leader Asaduddin Owaisi and Lok Sabha Member of Parliament made a statement claiming that the land on which Mukesh Ambani and Nita Ambani's luxurous building, Antilia was built originally belonged to a Waqf trust and billionaire Mukesh Ambani brought it for his dream home. As per multiple media reports, it is being suggested that the property on which Mukesh Ambani and Nita Ambani's Antilia is built was donated to the Waqf Board back. The report also said that the land was donated by Kareem Bhai Ibrahim in 1986, which was later brought by Mukesh Ambani in 2012.
The reports also say that original owner of the land, Kareem Bhai Ibrahim had allegedly given the land for religious, education and orphanage purposes, but breaking the rules, the land was sold to Reliance Industries Chairman, Mukesh Ambani for commercial purpose (building his home) at a rate of Rs 21 crore. What is Waqf board's claim on Mukesh Ambani and Nita Ambani's Antilia?
The land deal related to Mukesh Ambani and Nita Ambani's Antilia came into controversy due to the Waqf Board's claim, which quoted a Action Taken Report (ATR) which was presented in the Maharashtra Assembly. Notably, the ATR has said that the property of the Waqf Board cannot be sold for private use but only for the mentioned reason.
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