Few believed that a city which is more popularly known by its sarcastic name ‘Slumbai’ (instead of Mumbai) could actually be where the most expensive home in the world would be built. However it happened and Antilia is now a must-see on the local sight seeing circuit. For the past few months though, another competitor has emerged on Mumbai’s horizon - JK House.
The tower which shall play home to the Singhania family is a mere mile from Antilia. The billionaire family which owns the Raymond Group. The J.K. House, so named thanks to the founders of the parent company will tower above Antilia upon completion. Shrouded in secrecy, the project is slated to reach a final height of 145 metres in the tony Breach Candy area of South Mumbai.
According to the architects, The slender tower is an engineering achievement designed with 48 feet cantilevers and houses a museum, 2 private swimming pools, a gym with a spa and recreational centre, and a helipad at its highest point. Promising to be an iconic structure, The building will house the family owned Raymonds retail and garment showroom on the street level. The upper floors are divided into separate residential units for the different family members each with spacious outdoor terraces and gardens.
Surprisingly, the J K House has a facade which can be easily mistaken for Antilia when seen at a distance.
Mr. Gautam Singhania (the current Chairman and M.D. of the Raymonds Group), according to sources, owns a magnificent jade collection, which shall be housed in a museum within the tower. An entire floor is to be set aside for this museum. From what we are told, the museum will be thrown open to the public for an hour every day. Apart from the aforementioned retail showroom on the ground level, the tower will have its first 5 floors reserved for parking. The upper floors which will be where the family resides boasts of some spectacular views as it hovers above the rest of the city.
Almost everyone related to or involved with the project remains tight lipped about the details. Its a small wonder given the stark poverty that is visible in Mumbai as well as the rest of India. As a result, we have been unable to confirm the actual amounts that the Singhania’s shall be spending in getting the tower up to their standards. However, one thing we are sure of, it is not going to beat Antilia in terms of costs.
To say that Mr. Singhania is fond of cars, boats and planes would be the under statement of the year. The man owns Moonraker(a yacht), Shazma (a traditional three-masted Arabian sailing dhow), speedboats named after James Bond movies (Octopussy, Goldfinger, Thunderball, Golden Eye) and some other speedboats (Smokin Joe and Raymond). Singhania also owns a Challenger 604 business jet and a three helicopters.
This article was originally written on The Rich Times ; to view in its entirety with images, click here.