Singhania raises his own Antilia
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RAymond Group head is building a 40-storey high-rise on bhulabhai desai road
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Mukesh Ambani’s Antilia (left) and Gautam Singhania’s JK House |
If imitation is the best form of flattery, then Reliance’s Mukesh Ambani has a reason to feel flattered.
Close to his Antilia, industrialist Gautam Singhania of the Raymond Group is building a similar 40-storey family home.
Singhania’s JK House high-rise — under construction — on Bhulabhai Desai Road not only looks architecturally similar to Ambani’s Altamount Road home, but is also equally grand in scale.
Located bang opposite Breach Candy hospital, the erstwhile Raymond showroom is already operational on the ground floor, while work on the rest of the building is under way.
The slab work of the 145-metre tall JK House is over and it clearly resembles Antilia from the outside.
Right from sea-facing directions and slender tower engineering to twin-decks on higher floors and using cantilevers, the architectural and design similarity of the two buildings can be seen even from Haji Ali.
“The Singhania home will have a museum, two swimming pools, a gym, a spa, a recreation and a helipad on the roof,” said a site official from Pratibha Industries, which has been contracted to build the high-rise.
The upper floors will be divided into separate residential units, with each having separate gardens and outdoor spaces, the official said.
“While the lower floors will house guest apartments and entertainment areas, the upper floors will be occupied by members of the Singhania family.” Antilia, too, has a similar floor plan.
American architecture firms Perkins & Will (the exterior) and Hirsch Bedner Associates (the interior) have designed Antilia. For JK House, it is Mumbai-based Talati & Panthaky Associated.
Despite repeated attempts, TPA’s principal associate Zubin Malao could not be reached for a comment.
Industry insiders say this trend of industrialists building high-rises for their families shows that Indian business leaders have come of age.
“Promoters of Indian corporates have experienced the fact that unlike stock markets where they could lose their net worth by 10% in a day, no real estate market ever dropped by 10% in a day, a week or even a month,” Ramesh Nair, west India managing director of Jones Lang LaSalle consultancy , said.
Both Ambani’s office and Singhania’s office refused to say anything.
Close to his Antilia, industrialist Gautam Singhania of the Raymond Group is building a similar 40-storey family home.
Singhania’s JK House high-rise — under construction — on Bhulabhai Desai Road not only looks architecturally similar to Ambani’s Altamount Road home, but is also equally grand in scale.
Located bang opposite Breach Candy hospital, the erstwhile Raymond showroom is already operational on the ground floor, while work on the rest of the building is under way.
The slab work of the 145-metre tall JK House is over and it clearly resembles Antilia from the outside.
Right from sea-facing directions and slender tower engineering to twin-decks on higher floors and using cantilevers, the architectural and design similarity of the two buildings can be seen even from Haji Ali.
“The Singhania home will have a museum, two swimming pools, a gym, a spa, a recreation and a helipad on the roof,” said a site official from Pratibha Industries, which has been contracted to build the high-rise.
The upper floors will be divided into separate residential units, with each having separate gardens and outdoor spaces, the official said.
“While the lower floors will house guest apartments and entertainment areas, the upper floors will be occupied by members of the Singhania family.” Antilia, too, has a similar floor plan.
American architecture firms Perkins & Will (the exterior) and Hirsch Bedner Associates (the interior) have designed Antilia. For JK House, it is Mumbai-based Talati & Panthaky Associated.
Despite repeated attempts, TPA’s principal associate Zubin Malao could not be reached for a comment.
Industry insiders say this trend of industrialists building high-rises for their families shows that Indian business leaders have come of age.
“Promoters of Indian corporates have experienced the fact that unlike stock markets where they could lose their net worth by 10% in a day, no real estate market ever dropped by 10% in a day, a week or even a month,” Ramesh Nair, west India managing director of Jones Lang LaSalle consultancy , said.
Both Ambani’s office and Singhania’s office refused to say anything.
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