What a $1 billion home looks like

$1 billion home of Mukesh Ambani in Mumbai, IndiaThis summer we learned that Devon Avenue was a street straight outta Mumbai, so that means we’ll see something like this on the Far North Side once the market turns around, right?

According to the Daily Telegraph, Indian billionaire Mukesh Ambani just built himself a 27-story home in Mumbai for a modest £630 million, or $1.08 billion. He could have saved more than 97 percent of that cost by buying Chicagoland’s most expensive listing, a 27,000 square-foot mansion at 68 Locust Rd in Winnetka, priced at a cheap $28 million.

EDIT: Lynn Becker localizes the story — the building was designed by Perkins & Will.

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