Melbourne: An Indian-origin couple’s 70 million dollar mansion in Australia, known as ‘Taj Mahal-on- the-Swan’, will be demolished after the former fertilizer magnates failed to reach an agreement with the local council.
Pankaj and Radhika Oswal are owners of Perth-based domed structure that included a temple, a gym, an observatory with a revolving roof and parking for 17 cars.
The controversial property was being built by Oswals, who fled the country in 2011 when their Burrup Fertilisers empire collapsed a year earlier. Oswals left Australia owing millions of dollars in taxes.
The couple purchased multiple blocks in a posh suburb of Perth in early 2000s to construct their property.
The report said that they might have spent over 25 million dollars buying the land before starting construction of the home on the 6,600-square-metre site.
Work for the mansion ended in 2010 when the couple experienced business problems and left for Dubai. It was estimated they had spent close to $40 million on the unfinished home.
