bode of the rich and famous, with bungalows built by industrialists, movie stars and politicians dating back several decades. So if you became rich relatively recently, your only chance to live here is shell out megabucks to buy one of the older buildings and tear it down, or live in a huge farm house on the outskirts of the city, as many do.One might expect owners of companies in fast-growing sectors, such as pharmaceuticals and technology, to splurge their new-gotten wealth on fancy bungalows. But steel-making, a business hobbled by so-so demand and high costs right now, is hardly one where one would envision tons of spare cash available for spending on luxurious homes.Of course, the big daddy of this industry, Laxmi Niwas Mittal, http://www.cheaptomsshoesoutletstor.com - cheap toms shoes sale , who runs the world s largest steel company, has the properties to put all others to shame, in London s billionaire’s row, Kensington Place. Over the past eight years, he has spent more than $689 million to buy three houses, one each for himself and his wife, his son Aditya and daughter Vanisha.One of these houses, http://www.cheaptomsshoesoutletstor.com - toms the shoes , which Mr. Mittal bought in 2004 for $128 million has garage space for 20 cars and is embellished with marble taken from the same quarry that supplied the Taj Mahal. At this rate, it may not be long before a steel magnate challenges India’s home of homes: Mukesh Ambani’s giant residential tower for four on Altamont Road in Mumbai.Follow India Real Time on Twitter @indiarealtime. Add a Comment Error message Name We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name. Comment India Real Time offers quick analysis and insights into the broad range of developments in business, markets, the economy, politics, culture, sports, and entertainment that take place every single day in the world’s largest democracy. Regular posts from Wall Street Journal and Dow Jones Newswires reporters around the country provide a unique take on the main stories in the news, shed light on what else mattered and why, and give global readers a snapshot of what Indians have been talking about all week. You can contact the editors at indiarealtime@wsj.com.Check out the main contributors to the blog and their bios here. An error has occured and your email has not been sent. Please try again. You must enter the verification code below to send. Invalid entry: Please type the verification code again.[标签:标题]
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