Six months after he agreed to vacate the Dhirubhai Ambani Knowledge City for younger brother Anil, Mukesh Ambani is drawing up plans to set up an even bigger complex - the Dhirubhai Ambani Corporate City - complete with a lake and a forest reserve in Navi Mumbai.
Spread over 180 acres, the Dhirubhai Ambani Corporate City will be about 40 acres bigger than the Dhirubhai Knowledge City. At present, the Dhirubhai Ambani Knowledge City is the headquarters of Reliance Industries.
But as part of the June 2005 settlement between the two brothers, Mukesh Ambani will have to shift out of the complex in three years.
Sources close to the development said the Dhirubhai Ambani Corporate City would be built in two phases.
In the first phase, Reliance Industries will build two towers for its national headquarters and petroleum headquarters. In the second phase, the company will set