Assets of the Rich
/ 3 min read
Credits: (Representative picture) Photograph Courtesy Boeing
Assets of the Rich
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From private jets to iconic houses to music museum and wellness park, billions flow into luxury indulgences.
Credits: (Representative picture) Photograph Courtesy Boeing
This story belongs to the Fortune India Magazine September 2023 issue.
Ambani's Luxe Jet-away
Mukesh Ambani's Boeing business jet has all the luxury offerings of a hotel! The over 1,000 sq. ft. area comprises a bedroom suite and an executive office. The jet costs ₹550 crore; the luxury additions come at a price!
Bombardier Global 6500
Embraer Legacy 650 | Credits: Photograph Courtesy Embraer
Adani's Uber-chic Fleet Of Flights
The latest additions to Gautam Adani's seven-aircraft fleet are the Bombardier Global 6500 and the Embraer Legacy 650. The Bombardier can fly non-stop to Europe or Australia, and has a flying range of 6,600 nautical miles. The Embraer, meanwhile, has a range of 3,000-3,500 nautical miles. With a top speed of 850 km/hour, the three-zoned cabin aircraft is powered by a pair of Rolls-Royce engines.
Brigade Group's Sound Of Music
Brigade Group CMD M.R. Jaishankar has built one of the largest interactive music museums — the Indian Music Experience — in Bengaluru. Besides the music collection, instruments and listening stations, there's also a sound garden for experiencing the music of the nature.
J.K. House | Credits: Photograph by Kamlesh Pednekar
Singhania's Luxury Roof
Valued at a reported ₹6,000 crore, Mumbai's second-most expensive building after Antilia — J.K. House — has 30 storeys.
Chittilappilly's Wellness Ways
The 11-acre wellness park — Chittilappilly Square — in Kochi, built by V-Guard founder-chairman Kochouseph Chittilappilly, has a butterfly garden, jogging/walking tracks, swimming pool, gym, restaurants, meeting halls etc.
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Credits: Photograph by Kamlesh Pednekar
Damani's Pricey Blocks
In April, Radhakishan Damani bought a bungalow in Mumbai's Malabar Hill for ₹1,001 crore, reportedly the largest single residential transaction till date.
Credits: Photograph by Kamlesh Pednekar
Shashi Kiran Shetty's House Of History
The iconic Carter road bungalow, which once housed Bollywood superstar Rajesh Khanna, has a new owner — Allcargo founder Shashi Kiran Shetty. The 7,000 sq. ft. 'Aashirwaad' was reconstructed in 2018.
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