world's most expensive home the Taj Mahal of the 21st Century

Indian billionaire Mukesh Ambani has hosted a lavish house-warming for his new 27-storey residence

About 80 people attended the party in Mumbai on Friday, reported the Times of India. One guest described the house as "Taj Mahal of the 21st Century
Forbes Richest People: The Forbes Annual Profile of the World's Wealthiest Men and WomenMr Ambani, said to be India's richest man, moved into the house last month with his wife and three children.

Reports suggest the residence is worth more than $1bn (£630m).

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