Mukesh Ambani will move to his modest $ 1 Billion home 'Antila' with his wife, 3 children and 600 Staff members

Indian Billionaire and Reliance Industries chairman Mukesh Ambani's new 27-storey Mumbai skyscraper named 'Antila' likely sets a record as the world's most expensive residential home, according to ‘Forbes’ magazine.

The Mukesh Ambani family with their staff members will be joining their 19,500-square-foot new home by the end of this month.

Noting that the home is worth 630 million pounds, or $ 1 billion, as reported by 'The Telegraph'

"Given the enormous gap between the Antila's sale price and the known closing cost of any home sold in recent years, there's an awfully good chance that this is the most paid for a home, ever," Forbes said noting the highest price paid for a home in 2010 was somewhere between $ 47 million and $ 72 million for Le Belvedere, in Bel Air.

According to reports, the "awfully strange-looking tower" has a health club, gym, dance studio, a ballroom, guestrooms, numerous lounges, a 50-seat screening room, an elevated garden, three helipads, and underground parking for 160 vehicles.

Mukesh Ambani will move to his modest $ 1 Billion home 'Antila' with his wife, 3 children and 600 Staff members