Before Antilia, entire Ambani family lived together in Dhirubhai Ambani's Mumbai home with over a dozen floors. Watch
On April 5, Instagram user Rajivi Pujari, on her real estate page Sobo Narratives, shared a video of the property and wrote in the caption, 'Sea Wind in Colaba was once home to Dhirubhai Ambani, the visionary founder of Reliance Industries. Before the Ambani family became a global phenomenon, at least 11 family members shared this 14-storey building in Cuffe Parade, Mumbai.'
Check out her post:
A post shared by Rajivi Pujari (@sobonarratives)
After Dhirubhai Ambani's death in July 2002, his sons shared the residence with their mother, Kokilaben Ambani, and the building holds sentimental value, with each family having their own floor for space and privacy.
According to a September 2021 report by South China Morning Post, the younger of the two brothers, Anil, his wife, former actor Tina Ambani, and their two children, sons Jai Anmol and Jai Anshul, remain in the family residence that has, over the years, 'seen war and peace, complaints from neighbours and legal battles'.
Per the report, a 2008 interview with DNA India showed that Mukesh and Nita's dining room on the seventh floor of the building was a mix of styles including traditional Indian and European influences, and the decor included pieces from the couples' overseas travels.
In comparison to Mukesh Ambani's current residence, Antilia, the Cuffe Parade property is less grand and lacks ultramodern features like spacious, high-speed elevators.
Antilia is a 27-story skyscraper located on Altamount Road in Mumbai. Here's a glimpse:
A post shared by Rahul Verma (@rahul_verma222)
As per a May 2024 report by Architectural Digest India, the 400,000-square-foot iconic house, located in one of the world's most expensive areas, is valued at approximately $2 billion.
Offering scintillating, panoramic view of Mumbai, Antilia boasts luxurious amenities including a temple, an array of guest suites, a hanging garden, helipads, a salon, an ice-cream parlour, and a private movie theatre to accommodate 50 people. The top six floors of the building have reportedly been set aside as a private full-floor residential area.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
30 minutes ago
- Hindustan Times
UK FTA is a turning point in how India engages with West
The signing of the free trade agreement (FTA) between India and the UK last week was no ordinary moment — not just because 99% of Indian exports to the UK will now enter tariff-free, or because British luxury cars and Scotch whisky are about to get cheaper. The real story is India's evolving place in global trade — more assertive, more selective and no longer willing to play by someone else's rulebook. The immediate economic benefits are eye-catching. For British exporters, tariff cuts on whisky (down from 150% to 75% right away, and to 40% in a decade), high-end vehicles, cosmetics and dairy offer new access to India's swelling consumer base. For Indian exporters — particularly in textiles, jewellery, EVs, marine products and generics — the UK market is now wide open, with tariff advantages over rivals like China and Vietnam. The UK's access to Indian public procurement markets and its offer to exempt Indian professionals from social security payments sweeten the deal further. Also, Indian yoga teachers, chefs and tech workers will find short-term visas easier to secure— a meaningful breakthrough on the politically sensitive issue of mobility and immigration India's MSMEs are expected to be among the biggest winners. Industry analysts estimate a 30-40% rise in Indian exports to Britain in the next five years. That's not just numbers on paper — that's jobs on the ground, especially in states like Gujarat, Tamil Nadu and Maharashtra. But perhaps the most significant thing about this deal is what isn't in it — agriculture. India drew a red line, clearly flagging at the outset that it's non-negotiable, which the UK respected. Our government is fully aware of our responsibility to protect the rights of our farmers. Opening up Indian farming to global agribusiness is politically radioactive. The UK agreement avoids that minefield. This signals something larger: India is happy to do trade, but only on terms that don't destabilise our broader economic progress. This new pragmatism — open on industry, cautious on food — could now become the blueprint for other negotiations, particularly with the ongoing one with the US. Hours after the India-UK deal was inked, eyes turned to the US. Trade talks with the US have been ongoing for some months. On Thursday, India's ministry of external affairs confirmed that both sides are working on the 'first tranche' of a multi-sector Bilateral Trade Agreement (BTA). Behind the scenes, pressure is mounting. After reimposing 10% reciprocal tariffs on global exports in April 2025, the US specifically slapped a 26% tariff on Indian goods, though a pause was granted till August 1. That ticking clock now adds urgency to the ongoing BTA talks. Here's the sticking point: The US wants access to India's agriculture and digital markets. India, meanwhile, wants tariff rollbacks, supply chain integration and protection for its strategic sectors. The Union government is clear: India will negotiate hard and the US should not mistake flexibility for submission. The UK deal becomes a silent message to the US: We're open to trade but we won't be bullied. The UK FTA also shifts the geopolitical axis slightly. Post-Brexit, Britain badly needed a big trade deal. India, flush with economic confidence and global attention, was in no rush. That power asymmetry is visible in the final text of the agreement— cautious, layered, incremental. This is not a one-shot silver bullet. It's a living document, built to expand, revise tariffs and add new sectors over time if required. For India, the pact also sends signals elsewhere, to the EU, Japan and Asean. In July alone, the US concluded trade deals with Vietnam, Japan and Indonesia — all part of its Indo-Pacific economic strategy. India, however, is forging its own path. It's building a trade perimeter that keeps sovereignty intact while enabling access and investment. There is, of course, no escaping the historical undertones. Two centuries ago, Britain came to India in the name of trade and stayed to conquer and rule. Today, Britain is back, but on an even keel. That reversal is more than symbolic. Indian policymakers, once wary of the term free trade because of its colonial baggage, are now redefining it. The FTA is not about deference, it's about mutual interest. India is opening doors, but it's also setting terms. This is more than a trade agreement. It is a shift in posture. It is a turning point in how India engages with the West. Gone is the tentative, aid-seeking India of old. This is a country that brings its own terms to the table, and expects others to adapt. The British see this deal as a lifeline in a post-EU economy. India sees it as leverage, a card it can play while negotiating with bigger economies like the US and EU. Undoubtedly, this trade deal is historic. Not just for what it delivers, but for what it represents — the arrival of a more assertive, strategic, and self-confident India on the global trade stage. As for the Americans, they would be wise to study the UK deal not as a template to copy, but perhaps as a warning. Push too hard, especially on food and data, and India will simply say no. Syed Zafar Islam is a national spokesperson of the BJP and former member of Parliament. The views expressed are personal
Time of India
an hour ago
- Time of India
KRT IPO: Sattva-Blackstone backed REIT gets Sebi nod for Rs 4,800 crore raise; public issue likely to hit markets early August
Knowledge Realty Trust (KRT), a REIT sponsored by Sattva Group and Blackstone, has received approval from the Securities and Exchange Board of India (Sebi) to go ahead with its Rs 4,800-crore initial public offering . The public issue is expected to hit the market in the first week of August, according to PTI citing sources. Ahead of the IPO, KRT has already mobilised Rs 1,400 crore from institutional investors. The company had filed its draft red herring prospectus (DRHP) in March this year, as part of its plan to monetise 30 premium office assets spread across key Indian cities, ANI reported. The REIT owns over 46 million sq ft of rent-yielding office properties across 29 locations in Mumbai, Bengaluru and Hyderabad. Notable assets include One BKC and One World Center in Mumbai, Knowledge City and Knowledge Park in Hyderabad, and Cessna Business Park and Sattva Softzone in Bengaluru. Sources said the roadshow will begin this week, and the price band announcement is expected by August 30. Post listing, KRT is poised to become India's largest REIT by gross asset value, pegged at around Rs 62,000 crore. Its net operating income stood at Rs 3,432 crore in FY24. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Do You Speak English? You May Be Able To Work a USA Job From Home in Bangladesh US Jobs | Search ads Undo Following the IPO, sponsors Sattva Group and Blackstone will retain around 80% ownership in the trust. While Sattva declined to comment, sources said the trust will continue to adopt a brand-neutral approach, focusing on inorganic growth through third-party acquisitions. There are currently four REITs listed in India — Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. Except for Nexus, which is focused on retail spaces, the others are anchored in office real estate. Together, these four REITs manage over 126 million sq ft of Grade A office and retail space and have distributed over Rs 21,000 crore to unitholders since inception. Sattva Developers, headquartered in Bengaluru, has completed over 74 million sq ft of projects across seven cities, spanning commercial, residential, co-living, co-working, hospitality, and data centres. Another 75 million sq ft is currently in various stages of development. Global investment firm Blackstone continues to hold a substantial portfolio in India's commercial real estate sector. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
an hour ago
- Hans India
Gangaikonda Cholapuram committee hails announcement of grand statues for Chola emperors
Prime Minister Narendra Modi on Sunday offered prayers at the ancient Shiva temple of Gangaikonda Cholapuram in Tamil Nadu and also announced that grand statues of Chola emperors Rajaraja Chola and Rajendra Chola will be erected to honour their contributions to Indian history and culture. The Prime Minister's promise of constructing new and grand statues of Chola emperors has been welcomed and deeply appreciated by Gangaikonda Cholapuram Development Committee. Gomagan, the president of Gangaikonda Cholapuram development committee expressed his gratitude to the Prime Minister and said that this is a joyous moment for all of us. 'The visit of PM Modi to Gangaikonda Cholapuram is a joyous event for all of us. Since 2014, we have been celebrating the Aadi Thiruvathirai festival on behalf of the Gangaikonda Cholapuram development committee. In this context, we express our gratitude to Chief Minister Stalin for recognizing the Aadi Thiruvathirai festival as a state festival from the year 2022,' he said. He further said: "We thank PM Modi for his pledge to build a grand statue for Rajendra Chola, who is renowned for constructing a large navy amongst Indian kings and for leading Naval campaigns in the Southeast Asia." A special tribute was also paid to Rajendra Chola with the release of Rs 1,000 coin featuring his likeness, which brings pride and joy to all of us, Gangaikonda Cholapuram committee further said. Speaking during a special function at the historic Gangaikonda Cholapuram temple in Ariyalur district, PM Modi said that the Chola empire represented a golden era of India, marked by achievements in architecture, governance, diplomacy, trade, and cultural integration. 'The Cholas established strong political and trade ties with Sri Lanka, the Maldives, and Southeast Asia. It is a coincidence that I returned from the Maldives yesterday, and today I stand here in the land once ruled by these visionary kings,' he remarked.
