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Tuesday, August 2, 2011

Inside Laxmi Mittal's Luxury Homes

(Top: Taj Mittal, the billionaire's abode; Left: No. 9 Palace Greens; Right: No. 6 Palace Greens)
Image Courtesy Daily Mail and Huffington Post

Billionaire Lakshmi Mittal, recently announced his plans to build a £30 million (approx Rs. 220 crore) eco-friendly mansion in Surrey, on the outskirts of London. The modern home is touted to be so ‘green’ that the entire 340-acre estate will be carbon negative, as reported by Hindustan Times.
It will cost Mittal - Europe’s richest man - millions to make the 10-bedroom mansion, with indoor/outdoor swimming pools, a basement art gallery and croquet lawn an environmentally sound home that will be heated by giant biomass fuel boilers and solar panels.
But this is not the only Mittal home that’s made news. His real estate portfolio consists of several note-worthy properties:

Scotland’s Most Expensive Home

In January, this year, we told you Mittal was building a luxury home in Scotland. Mittal has knocked down a £4 million property to build his new home, valued at around £15 million (approx Rs. 109 crore), making it Scotland’s most expensive home. The Mittal mansion is coming up in one of the most elite neighbourhoods, right near the Gleneagles golf course in Perthshire County. This luxury villa has six bedrooms and two kitchens. The wallpaper and furniture are from Ralph Lauren’s home collection. The wooden flooring and tiles have been flown in from Germany and a super luxe bathroom is estimated to be worth £80,000 (approx Rs. 58 lakh).

Billionaire Home

Mittal bought his first super luxury house on Billionaire’s Row, aka Kensington Palace Gardens, for £57million (approx Rs.400 crore) in 2004 from Formula One tycoon Bernie Ecclestone. Known as the Taj Mittal, it is said to be the world’s most expensive private home today, with a valuation of £250 million. The mansion is made using marble imported from the quarry that supplied to the Taj Mahal. It has 12 bedrooms, a Turkish bath, a massive ballroom, a rare bejewelled swimming pool, an oak-panelled picture gallery, and parking for 20 cars.

Britain’s Most Expensive Home

In 2008, Mittal went and bought a lavishly furnished property, No 6 Palace Greens, which also had a significant art collection, for £117million (approx Rs. 800 crore), making it the most expensive property purchase in Britain at the time. This four-storey house has five bedroom suites and an extensive servants’ quarter. It was built from red brick and Portland stone in the early 1900s, and measures 13,000 sqft – which he gifted to his son Aditya Mittal.

Property No 3 on Billionaire Row

Few months after buying Britain’s most expensive home, Mittal spent another £70 million (approx Rs. 500 crore) on No 9 Palace Greens, which was formerly the Filipino embassy, for his daughter Vanisha Mittal.

A Mansion in Delhi
In 2005, Mittal bought a colonial bungalow, No 22, Aurangzeb Road, for $7.5 million (approx Rs. 31 crore) in one of New Delhi’s most exclusive neighbourhoods, that is also home to other millionaires likes the Birlas, as well as embassies.

The billionaire also reportedly has homes in Indonesia and Trinidad, bringing the total count to eight

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