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

http://luxpresso.com/news-lifestyle/inside-laxmi-mittals-luxury-homes/3323

'Real Housewives of Beverly Hills' Richards Buys $3M Home

The Real Houswives of Beverly Hills Kyle Richards and her real estate agent husband Mauricio Umansky have wasted no time starting extensive renovations on a 6,500-square-foot home they purchased last week for just over $3 million.

The home, (pictured below) which has a pool,sports court, theater and billiards room, will be a complete remodel where every space from the kitchen floors, the bathrooms and even the ceilings, will be redone. Umansky, an agent with residential brokerage Hilton & Hyland and his own busines LA Luxury Estates, even spent the weekend furniture shopping.

Umansky, who started selling real estate a little more than 15 years ago, told AOL Real Estatethat he expects the renovations to be done in about six weeks because he doesn't like downtime. When we noted that seemed like an ambitious goal, he said, "I'm fast. I preorder everything. I already bought my cabinetry and my marble." 

"We are going to convert it into kind of a Ralph Lauren comfortable, casual and traditional home," 

See photos of homes for sale in your area and across the country on AOL Real Estate

Umansky told the Hollywood Reporter. "It'll have a bit of an East Coast charm."

The Mexican-born father of three and stepdad to Richards's oldest daughter, says sometimes when people remodel homes, the homes get butchered. "I like to go in and bring back their life. I like to sit in the house for as many hours as it takes. The house tells me what it is suppose to be."

He does some of the work himself, but not a ton of the physical labor, mainly due to time-constraints. Closing $190 million in sales for 2010, he has been the #1 agent at Hilton & Hyland for the past six consecutive years, according to his Umansky Group website.

The interior design of the home will be decorated by Faye Resnick, who has appeared onHousewives and who worked on the couple's current home, which has a pending sale, according to the Hollywood Reporter.

Umansky, who happens to be Paris Hilton's uncle, represented himself in the purchase andJoyce Essex of Coldwell Banker represented the seller.




http://realestate.aol.com/blog/2011/01/24/real-housewives-of-beverly-hills-star-buys-3m-bel-air-home/