April 2, 2012

1 BILLION HOUSE


MOST EXPENSIVE HOUSE IN THE WORLD!


Antilla Mumbai is the world's most expensive home costing $1 Billion making it the world's first billion dollar house. A custom-build 27 story towering mansion, Antilla in Mumbai is the home of the world’s 5th richest man called Mukesh Ambani, head of Indian petro-chemical giant Reliance Industries, which is India’s most valuable firm by market capitalization.


1 Billion dollars! If you could get someone to make the loan at current standard (US) jumbo mortgage rates, the monthly payment on a 30-year loan would be about 12.5 million dollars. Of course, a $2 billion loan is not going to go into the standard mortgage market, even for jumbo loans.

FEATURED CAR:

2003 TOYOTA NOAH


MIKI KAWAI
miki@prosperjp.com