Mukesh Ambani and Nita Ambani’s Antilia is worth Rs 15000 crore, but they bought the land for just Rs…

Do you know how much price had Mukesh Ambani paid to buy the land on which the Rs 15,000 crore worth Antilia is constructed?

Mukesh Ambani and Nita Ambani’s Antilia: Mukesh Ambani and Nita Ambani’s Antilia, a luxurious building which valued at a massive Rs 15,000 crore, was built for a staggering $2 billion (Rs approximately 17,400 crore). The ultra-luxurious mansion of the Ambani family was designed by Perkins and Will, an American architecture firm. It is named after a mythical Spanish island. However, do you know how much price had Mukesh Ambani paid to buy the land on which the Rs 15,000 crore worth Antilia is constructed? Here are all the details you need to know about the history of the land on which Antilia stands.

Media reports have it that the design of Antilia can withstand earthquakes of up to 8.0 on the Richter scale. It should also be mentioned that design of the mansion is so beautiful that the grandeur can be seen from each floor of the 27-storey building, which feature elegant interiors adorned with Lotus and Sun shapes.

How Mukesh Ambani brought land for Antilia

In a recent statement that AIMIM leader Asaduddin Owaisi made, he claimed that the land where Antilia was built originally belonged to a Waqf trust. Reports have it that, the property on which Mukesh Ambani and Nita Ambani’s Antilia stands today was donated to the Waqf Board back in 1986 by Kareem Bhai Ibrahim. Kareem Bhai Ibrahim had allegedly given the land for purposes like religious education and building an orphanage, but the land was sold to Mukesh Ambani for Rs. 21.5 crore in 2012.

Will Mukesh Ambani and Nita Ambani vacate Antilia?

The above-mentioned Antilia land deal came into controversy due to the Waqf Board’s claim, which said that as per the Action Taken Report (ATR) presented in the Maharashtra Assembly, the property of the Waqf Board cannot be sold for private use. As of date, the matter has been pending in the Supreme Court of India and if the decision goes against the Ambani family, Mukesh Ambani and Nita Ambani along with other family members might have to vacate the land and leave their luxurious building.