World's tallest house in Mumbai getting new neighbours

Jonathan ChancellorMay 27, 2013

Mukesh Ambani's 27-storey Antilia in Mumbai is getting new neighbours. But just how high they go remains to be seen.

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Above: Antilia in the left of picture. Image courtesy of overseaspropertymall.com.

The family of banker Rana Kapoor has bought the neighbouring residential complex - jointly owned by Citibank and GlaxoSmithKline - on Altamount Road for Rs 128 crore with plans to build a single home there.

Khursheedabad Building, the apartment block, sits on a third of an acre plot in the middle of the posh neighbourhood that boasts of homes of some of India's richest businessmen.

The current building has six apartments of which the US-based bank owns five while one is owned by the British healthcare firm.
 
The Kapoor family have plans to demolish the structure to build their home, The Economic Times reports.

The Delhi-born Kapoor, a career banker, is the founder of YES Bank, India's fourth-largest private bank.

The ground plus two-storey structure on Altamount Road currently has a total built-up area of 14,800 sq ft that includes a basement and has been used by Citibank and GSK over the years to house their mid-to-senior level executives.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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