Wednesday, February 23, 2011

World's most expensive home receives record electricity bill



Mumbai - A private residence in India, which is believed to be the world's most expensive home, has received its first utility bill of 7 million rupees.

The house “Antilia” – which belongs to the Indian billionaire Mukesh Ambani, and has been described as “Godzilla-sized” and the “Taj Mahal of the 21st century” – is thought to be the most expensively built private residence in the world.

As reported by Digital Journal, Ambani, his wife and his three children moved into their new home in Mumbai (Bombay) in September.

Since then, according to the Times of India, the house has generated an electricity bill amounting to over Rs 7 million (70,69,488 rupees, to be exact, or US $155,000 (£99,000)), making it the city's highest individual residential electricity bill. The paper says:

According to the bill [. . .] “Antilia” consumed 6,37,240 units of power. To put it in perspective, an average household equipped with all electronic amenities consumes 300 units per month. Ambani was, in fact, given a discount of Rs 48,354 for prompt payment [. . .] Experts say it is roughly equivalent to the monthly power bill of 7,000 homes!

Ambani, 53, is the chairman and managing director of Reliance Industries, India's largest private-sector enterprise and one of the largest private-sector conglomerates in the world. His personal stake amounts to 48 per cent.

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