Meet Mukesh Ambani’s billionaire neighbour – The owner of India’s second most expensive home worth Rs 6,000+ crore

May 03, 2024 Anita Santosh

[{"selector":"#anim-2bfe061a-3f89-4843-8471-7efeedc2d03c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Mukesh Ambani, India’s wealthiest individual with a net worth of $116 billion as per Forbes, resides with his family in the renowned Antilia, touted as the nation’s most extravagant residence.

[{"selector":"#anim-d434044d-e3df-4ee5-9f7d-2c73f78199ff [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Yet, amidst the opulent landscape of Mumbai’s Altamount Road, stands another palatial abode belonging to none other than Gautam Singhania, the Chairman & Managing Director of Raymond Group.

Gautam Singhania’s private residence, JK House, holds a staggering value exceeding Rs 6,000 crore, reports Times of India.

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[{"selector":"#anim-87144aed-c795-41ce-b00c-89e325c0019b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Situated on the illustrious Altamount Road, dubbed as India’s Billionaires’ Row, JK House shares the neighbourhood with Ambani’s Antilia, epitomizing luxury and grandeur.

Comprising 30 floors of residential splendor, JK House stands as India’s second-tallest private building.

[{"selector":"#anim-4c6619e7-90da-4dbb-8bb9-c09d336156ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

[{"selector":"#anim-6dab64bd-1001-4a1e-bbb6-7eee8664088b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Having assumed leadership of Raymond Group in September 1990, Gautam Singhania orchestrated a strategic overhaul focusing on fabrics and apparel brands.

[{"selector":"#anim-0e0ca150-ddbd-4ebd-a1aa-1c55ebe15f30 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] His vision for Raymond Group extends beyond domestic acclaim, aiming to establish it as a global leader. The conglomerate’s revenue has surged beyond Rs 50,000 crore, as per GQ.

According to Hindustan Times, Gautam Singhania’s net worth stands at $1.4 billion (approximately Rs 11,673 crore).

[{"selector":"#anim-b19afbd2-9fd1-485d-8517-fa222fa1161e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more