Ayecarumba
Ayecarumba
Joined: Nov 17, 2009
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July 20th, 2011 at 11:12:48 AM permalink
Would you spend more than a billion dollars to build a home? Nita Ambani and her multi-billionaire husband did.

And if you did, would you put it in the middle of Mumbai, India, home of some of the worst slums in the world? This was a couple years ago. I wonder if the value has appreciated or depreciated.

Reports are that this is the world's most expensive home. I question this assertion, as Buckingham Palace has to be worth something on the open market.

Simplicity is the ultimate sophistication - Leonardo da Vinci
Alan
Alan
Joined: Jun 14, 2011
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July 20th, 2011 at 11:20:26 AM permalink
Quote: Ayecarumba

Would you spend more than a billion dollars to build a home?



Probably not, but If I did, it surely wouldn't look as ugly as that!

Quote: Ayecarumba

And if you did, would you put it in the middle of Mumbai, India, home of some of the worst slums in the world?



Hell no!...LOL
seviay
seviay
Joined: May 19, 2010
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July 20th, 2011 at 12:46:27 PM permalink
I'm going to assume those are rhetorical, as everyone here is a little more sane and logical than to spend that amount of money on a home. That thing is quite the eyesore, by the way...looks like Sim City gone bad.

BTW, anyone who would spend that amount of money (or anything close to it) on a "home" that isn't on the beach or in some other prime location is nuts
pacomartin
pacomartin
Joined: Jan 14, 2010
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July 20th, 2011 at 1:25:32 PM permalink
Quote: Ayecarumba


Reports are that this is the world's most expensive home. I question this assertion, as Buckingham Palace has to be worth something on the open market.



Windsor Castle does have an assessed value of £186m or $280 million . As private homes Balmoral Castle and Sandringham House have similar assessed values of several hundred million dollars apiece, but that is because they come with tens of thousands of acres of land and out buildings (some of which would be great mansions in their own right).

I don't think you can compare any private building to public buildings like Buckingham Palace, the White House, and Versailles.

This home in Mumbai (which some people estimate at costing $2 billion) has no significant amount of land. It should be pointed out that a normal skyscraper would cost.

In 2004 MetLife sold the Willis Tower in Chicago (formerly Sears Tower) to a group of investors, including New York-based Joseph Chetrit, Joseph Moinian, Lloyd Goldman, Joseph Cayre and Jeffrey Feil, and Skokie-based American Landmark Properties. The quoted price was $840 million, with $825 million held in a mortgage.

Mukesh Ambani (who is a few months older than me) intends to be the richest man in the world in 3 years. The entire point of the skyscraper was to build it in Mumbai. They could have easily built anywhere in the world.

MathExtremist
MathExtremist
Joined: Aug 31, 2010
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July 20th, 2011 at 1:26:07 PM permalink
Now where have I seen that before?

"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
EvenBob
EvenBob
Joined: Jul 18, 2010
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July 20th, 2011 at 3:57:18 PM permalink
Looks like an office building in Turkey. Yuk.
"It's not enough to succeed, your friends must fail." Gore Vidal
Ayecarumba
Ayecarumba
Joined: Nov 17, 2009
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July 20th, 2011 at 5:23:23 PM permalink
Maybe the original picture put it in a bad light. Here is another one from the Telegraph:



Is that better?
Simplicity is the ultimate sophistication - Leonardo da Vinci
gofaster87
gofaster87
Joined: Mar 19, 2011
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July 20th, 2011 at 5:27:44 PM permalink
.....
gog
gog
Joined: Jan 7, 2011
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July 20th, 2011 at 6:05:12 PM permalink
That looks like some kid was playing with lego blocks, misaligned a level or two, but didn't want to bother taking it down to restack properly
MathExtremist
MathExtremist
Joined: Aug 31, 2010
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July 20th, 2011 at 6:46:37 PM permalink
Quote: gog

That looks like some kid was playing with lego blocks, misaligned a level or two, but didn't want to bother taking it down to restack properly


Or a game of Jenga in progress...
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563

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