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Ambanis not moving to London; here’s why they bought the 300 acre property

NRI Affairs News Desk by NRI Affairs News Desk
November 6, 2021
in News
Reading Time: 3 mins read
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Mukesh Ambani

"Mukesh Ambani" by GregRubenstein2 is licensed under CC BY 2.0

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After several reports claimed Reliance Industries Limited chairman Mukesh Ambani and his family are likely to move to London, Reliance Industries have clarified that the Ambanis “have no plans whatsoever to relocate or reside in London or anywhere else in the world.”

“A recent report in a newspaper has led to unwarranted and baseless speculation in social media regarding the Ambani family’s plans to partly reside in Stoke Park, London. Reliance will like to clarify that the chairman and his family have no plans whatsoever to relocate or reside in London or anywhere else in the world,” the company said in a statement today.

Earlier, quoting unknown sources, Mid-Day reported that, starting with their first Diwali in their new home, Mukesh Ambani, India’s richest man and his family are all set to divide their time between UK and Mumbai in the post-pandemic world.

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The sources, Mid-Day reported, said the family is expected to make the 300-acre country club in Buckinghamshire, Stoke Park acquired at a reported £57 million (US $79 million) earlier this year their primary residence, while dividing their time between the 49-bedroom London property and their Altamount Road home.

Ambanis says " Namaste London".

Will Mukesh Ambani be another Bhagoda in coming days?

Will he say "Bye Bye India"? pic.twitter.com/y0bNJzdDVZ

— Bhogesh Sholapur (@BhogeshSholapur) November 5, 2021

According to these sources, a state-of-the-art medical facility has been set up in the property, adding that the experience of spending the pandemic in the 400,000 square feet Altamount Road residence, Antilia, made the family feel the need to have a second home. During the lockdowns, the family also spent considerable time in Jamnagar, where their flagship refinery, the world’s largest, is based. 

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This year was the first in a long time that the Ambani family celebrated Diwali out of the country.

Starting with their first #Diwali in new home, India’s richest family all set to divide time between #UK and #Mumbai in the #postpandemic world

Read more on #MiddayDigitalTabloid https://t.co/DoPCl6niFJ #MiddayNews #MiddayExclusive #Ambani #MukeshAmbani #NitaAmbani pic.twitter.com/WpRMXWpsdS

— Mid Day (@mid_day) November 4, 2021

The UK property includes a five-star hotel, three restaurants and lounges, a spa and gym, 13 tennis courts and a 27-hole championship golf course. The Financial Times had earlier reported that the property has featured in a number of movies, including two James Bond films. In Goldfinger, Sean Connery’s James Bond plays golf there. The estate also features in the films Tomorrow Never Dies, Bridget Jones’s Diary and Layer Cake.

According to sources, a state-of-the-art medical facility has recently been set up in the property after its purchase by the Ambanis.

The flag is up, must mean it’s reopening day! We are excited and delighted to welcome back our Golf and Tennis/Padel Members today as the golf course and outdoor tennis/padel courts reopen! 🙌🏼⛳️🎾🙌🏼#golf #golfcourse #tennis #padel #stokepark pic.twitter.com/ApI0CRUIC1

— Stoke Park (@StokePark) March 29, 2021

“Unlike India, where private hospitals are favoured, the United Kingdom is largely a public-funded healthcare system under the National Health Services. Therefore, it was decided to have a medical centre, which is like a mini hospital, inside the premises,” said a doctor who was part of the team, according to Mid-Day.

However, the Reliance group said that its group company Reliance Industrial Investments and Holdings Limited, “which acquired Stoke Park estate recently, would like to clarify that its acquisition of the heritage property is aimed at enhancing this as a premier golfing and sporting resort, while fully complying with the planning guidelines and local regulations.”

“This acquisition will add to the fast-growing consumer business of the group.Simultaneously, it will also expand the footprint of India’s famed hospitality industry globally.”, the statement read.

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