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Indians are the biggest apartment buyers in Dubai Burj Tower (world's Tallest Tower)

Lankan Ranger

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Indians are the biggest apartment buyers in Dubai Burj Tower (world's Tallest Tower)

Indians top the list of buyers in the world's tallest tower having acquired space worth $7.9 million in the first seven months of the skyscrapers opening.

Prominent buyers of swanky apartments in the 100 floor Burj Khalifa tower include London-based NRI businessman Raj Kundra, who presented an apartment to his wife Shilpa Shetty.

Local businessman of Indian origin B R Shetty, who is managing director and CEO of the New Medical Centre Group of Companies in Abu Dhabi, has also bought the entire 100th floor in the tower.

Rizwan Sajan, chairman of Danube Group is also reported to have recently purchased an apartment in the tower.

As the world still reels under a economic downturn, the local the United Arab Emirates' nationals come second having spent $2.62 million on buying space in the tower, a news report citing real estate information company Reidin.com has said.

Other major buyers of tower's space include Australians $1.25 million, Omanese $1.14 million, Chinese $0.62 million and Iranians $0.73 million.

According to Reidin.com, the figures are based on the actual transactions registered with the Land Department of Dubai.

Reidin is an exclusive partner and primary data source for the information service in the emerging markets is Real Estate Regulatory Agency and the Land Department.

In November, Raj Kundra gave an apartment in Burj Khalifa to his wife and actress Shilpa Shetty as a wedding gift.

Burj Khalifa has 900 studios, one, two, three and four bedroom units, while the exclusive Armani Residences located in the world's tallest tower has 144 fully furnished private apartments.

It offers luxurious recreational and leisure facilities including four swimming pools, an exclusive residents' lounge, health and wellness facilities.

It also boasts of the world's highest fine dining restaurant on 122nd floor and at the top. It also has the world's highest observatory deck with an outdoor terrace on Level 124.

Indians are the biggest apartment buyers in Burj! - Rediff.com Business

---------- Post added at 05:49 PM ---------- Previous post was at 05:48 PM ----------

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No surprise here..UAE is becoming a new destination for indian black money..
 
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lol SL where do you find such news and so many news. I think two third of your posts were during starting threads!! lol

I think many of them are using their black money! But hat will not be the case here.... construction started for 720 meter high India tower in Mumbai.....

India's tallest tower under-construction....

India Tower


Height: 720 m (roof)
Location: Mumbai




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Ye unhone bataya aapko?

CJS, cynicism aside, it is very much possible that it is the case. Not too many Indians have this kind of "white" money. The few that have - cricketers, movie stars, businessmen would have made news if they had bought apartments there. Nothing to feel offended about - corruption exists in every society. We just have more thanks to a percentage of our population.
 
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lol SL where do you find such news and so many news. I think two third of your posts were during starting threads!! lol

I think many of them are using their black money! But hat will not be the case here.... construction started for 720 meter high India tower in Mumbai.....

India's tallest tower under-construction....

India Tower


Height: 720 m (roof)
Location: Mumbai




image3mg.jpg


what is name of this tower and what is its completion date ?
 
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^^^ Its called India Tower. They have started the construction.
I think the design looks really weird. Hope they change it.
 
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^^^ Its called India Tower. They have started the construction.
I think the design looks really weird. Hope they change it.

Architects usually design a building to suite the area that it will be built in... To be honest I don't really think it fits very well but thats just me.
 
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^^^ Its called India Tower. They have started the construction.
I think the design looks really weird. Hope they change it.

They changed it three times and I posted the latest one that they are building and no chance of changing because the already started construction.

This is the earlier one... I think this one was no less wired...

12455fxfowlemumbaihotel.jpg
 
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