Mukesh Ambanis New House. Insane display of Wealth or sign of India's prosperity?

Akshay1234 · 19th September 2008, 19:47

danlalan you were in the raheja building opp it?

danlalan · 19th September 2008, 21:42

Quote:

Originally Posted by akshay1234

danlalan you were in the raheja building opp it?

Not sure if its done by the Rahejas. But the buildings name is The One,Altamount Road.

Sudipto-S-Team · 19th September 2008, 21:57

Sorry to join in so late into this thread but have you guys seen the insides of the Goa beach house of Vijay Mallya? CNN recently did a programme on it. It's obscene but in a very tasteful way !!! The Ambani skyscrapper is plain obscene and just that.

danlalan · 19th September 2008, 22:04

Quote:

Originally Posted by Sudipto-S-Team

Sorry to join in so late into this thread but have you guys seen the insides of the Goa beach house of Vijay Mallya? CNN recently did a programme on it. It's obscene but in a very tasteful way !!! The Ambani skyscrapper is plain obscene and just that.

The Ambani House still hasnt come up. Will have to wait and see eh!

Raja · 17th March 2009, 19:15

What's the update on this property? Has the recession made a difference to the project?

ariendj · 18th March 2009, 08:02

all i know is he lost some 1700-2000 crores during the recession till now.and he is the richest indian at present and the 7th over all in the world.
lucky that he dint have to go his brother's way by losing some 3200 crores during the same period!!
looking at his dream house,all i can say is i would like to visit it but never have to live there.

travelwriter · 18th March 2009, 10:03

Will he be giving out any portion on rent? How much rent is he expecting, any idea? Which area is this house being built in? Any schools and amy subji mandi nearby? How far is the nearest local suburban train station to this place? You know, accessibility shouldn't be a problem.

Akshay1234 · 18th March 2009, 13:32

Quote:

Originally Posted by travelwriter

Will he be giving out any portion on rent? How much rent is he expecting, any idea? Which area is this house being built in? Any schools and amy subji mandi nearby? How far is the nearest local suburban train station to this place? You know, accessibility shouldn't be a problem.

haha your kidding right? for accessibility hes got his 100 cars and a helipad on top. what more do you need?

harry10 · 18th March 2009, 15:25

Quote:

Originally Posted by travelwriter

Will he be giving out any portion on rent? How much rent is he expecting, any idea? Which area is this house being built in? Any schools and amy subji mandi nearby? How far is the nearest local suburban train station to this place? You know, accessibility shouldn't be a problem.

i think you are quiet serious about this. The rent will be around 10lac per month, interested?

ashthedivx · 18th March 2009, 15:37

Quote:

Originally Posted by harry10

i think you are quiet serious about this. The rent will be around 10lac per month, interested?

10 Lakhs ?? I even doubt that.. Our company have a 3 floor office of 2000 Sq. ft in a posh locality in delhi and rent paid is near to 7 Lakh something. So you can decide your self

travelwriter · 18th March 2009, 15:39

Quote:

Originally Posted by akshay1234

haha your kidding right? for accessibility hes got his 100 cars and a helipad on top. what more do you need?

Quote:

Originally Posted by harry10

i think you are quiet serious about this. The rent will be around 10lac per month, interested?

Helicopter is ok, Akshay. But I feel the fuel bill for it my be a little tight. Moreover, if I have to go to the 'next door' barber for a haircut, where will I park the chopper?

Harry, the rent is ok, but if he going to ask for a deposit like all other Bombayites do, that might be an issue.

I am kidding, but Ambani started it, right?

Rehaan · 18th March 2009, 16:33

Travelwriter,

There is a subji mandi right across the road. Literally 10 meters from his front door.

Railway stations, well, grant road station is walkable - 10min walk.

Barber about 300meters down the road, and another one 75meters further. (we're talking Rs80 haircuts here, so fairly affordable).

But yes, deposit might make you bankrupt

cya
R

harry10 · 18th March 2009, 18:14

Quote:

Originally Posted by ashthedivx

10 Lakhs ?? I even doubt that.. Our company have a 3 floor office of 2000 Sq. ft in a posh locality in delhi and rent paid is near to 7 Lakh something. So you can decide your self

I was talking about just one room and not the floors

Yeah deposit can be an issue but the Ambani's are always ready for negotiations so you can definitely try your luck

pjbiju · 18th March 2009, 18:30

If they do what they do to their companies, then the story will be something like this:

Initial Private Offering: 30 floors, 300 rooms, 100 car parking, 10 helipads etc.

One or Two Years down the line: There will be some mergers. 2 floors each will be combined to form a extra roomy floor, 10 rooms each will be combined to make one big room and the helipads merged to make way for a mini-runway. This will improve the looks and efficiency and increase the value of the floors/rooms etc.

Again two years down the line: Every floor will be split to make 3 floors, every room will be split to make 25 rooms etc. This will be done to unlock the hidden value of the floors/rooms etc.

And the merger, reverse merger stories will continue happily thereafter.

bigman · 18th March 2009, 22:50

Looks a bit of an eyesore. Why spend all that money on something that looks just like an office block ?

19th September 2008, 19:47	#136
Akshay1234 Distinguished - BHPian Join Date: Dec 2006 Location: Mumbai Posts: 10,327 Thanked: 12,915 Times	danlalan you were in the raheja building opp it?
	() Thanks

19th September 2008, 21:57	#138
Sudipto-S-Team Senior - BHPian Join Date: Jun 2007 Location: Kolkata Posts: 1,319 Thanked: 292 Times View My Garage	Sorry to join in so late into this thread but have you guys seen the insides of the Goa beach house of Vijay Mallya? CNN recently did a programme on it. It's obscene but in a very tasteful way !!! The Ambani skyscrapper is plain obscene and just that.
	() Thanks

17th March 2009, 19:15	#140
Raja BHPian Join Date: Apr 2007 Location: Pune Posts: 419 Thanked: 70 Times	What's the update on this property? Has the recession made a difference to the project?
	() Thanks

18th March 2009, 08:02	#141
ariendj BHPian Join Date: Feb 2008 Location: Sunshine State Posts: 525 Thanked: 159 Times View My Garage	all i know is he lost some 1700-2000 crores during the recession till now.and he is the richest indian at present and the 7th over all in the world. lucky that he dint have to go his brother's way by losing some 3200 crores during the same period!! looking at his dream house,all i can say is i would like to visit it but never have to live there.
	() Thanks

18th March 2009, 10:03	#142
travelwriter BHPian Join Date: Feb 2009 Location: Hyderabad Posts: 302 Thanked: 120 Times	Just curious Will he be giving out any portion on rent? How much rent is he expecting, any idea? Which area is this house being built in? Any schools and amy subji mandi nearby? How far is the nearest local suburban train station to this place? You know, accessibility shouldn't be a problem.
	() Thanks

18th March 2009, 16:33	#147
Rehaan Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 24,198 Thanked: 36,138 Times	Travelwriter, There is a subji mandi right across the road. Literally 10 meters from his front door. Railway stations, well, grant road station is walkable - 10min walk. Barber about 300meters down the road, and another one 75meters further. (we're talking Rs80 haircuts here, so fairly affordable). But yes, deposit might make you bankrupt cya R
	() Thanks

18th March 2009, 18:30	#149
pjbiju Senior - BHPian Join Date: Apr 2006 Location: Pune Posts: 1,380 Thanked: 1,134 Times	If they do what they do to their companies, then the story will be something like this: Initial Private Offering: 30 floors, 300 rooms, 100 car parking, 10 helipads etc. One or Two Years down the line: There will be some mergers. 2 floors each will be combined to form a extra roomy floor, 10 rooms each will be combined to make one big room and the helipads merged to make way for a mini-runway. This will improve the looks and efficiency and increase the value of the floors/rooms etc. Again two years down the line: Every floor will be split to make 3 floors, every room will be split to make 25 rooms etc. This will be done to unlock the hidden value of the floors/rooms etc. And the merger, reverse merger stories will continue happily thereafter.
	() Thanks

18th March 2009, 22:50	#150
bigman Senior - BHPian Join Date: Oct 2005 Location: NA Posts: 1,225 Thanked: 94 Times	Looks a bit of an eyesore. Why spend all that money on something that looks just like an office block ?
	() Thanks