Comparisons were also drawn with the 27-storey skyscraper home of Mukesh Ambani, who moved into Antilla--the newest Mumbai landmark-- last month.
Reacting to reports, a spokesperson for the Anil Ambani group firm Reliance Infrastructure Ltd (formerly BSES Ltd) said in a statement: "There is no truth, whatsoever, in reports in a section of the media that a 150 metre tall residence is being built for Anil Ambani, chairman, Reliance ADA Group, on the plot which was earlier home to a bungalow of the erstwhile BSES chairman."
Earlier in 2000, the then united Reliance group had acquired Bombay Suburban Electricity Supply Company (BSES) and got ownership of this bungalow as part of the deal. Later, when the two brothers split, Anil Ambani got the power business and, thereby, this bungalow.
The company, however, said that it was "engaged in obtaining relevant approvals for developing the plot in question, at an appropriate time, into multiple residential units for housing senior executives of the Reliance ADA Group, etc."
"The proposed development, when implemented, will be fully compliant with height, environment and other norms, as applicable for other residential developments in the neighborhood," the statement added.
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