Worlds Most Expensive Residence, Antilia in Mumbai, IndiaAntilia is a residential complex in South Mumbai, India and as of 2014, it remains World’s most expensive residential property, as rated by Forbes Magazine.

It is owned by Mukesh Ambani, chairman of Reliance Industries Limited. It is reported to be the most expensive home in the world and includes a staff of 600 to maintain the residence.The 400,000-square foot is 27 stories, high, but since some ceilings are double-height, it’s closer to the size of a 40-story building.

Read more: http://www.businessinsider.com/antilia-mumbai-most-expensive-house-mukesh-ambani-2012-5?op=1#ixzz3Bp5iGECj

While the New York Times in 2008 reported that it cost $50-70 million, it is believed to be worth $1 billion USD, due to the rising costs of surrounding structures currently in South Mumbai.