This is Mumbai. Land is comparable or possibly more expensive in some areas than NYC. Land alone (assuming it's at least a 30-40k sq. ft. piece of land) might have set him back by a cool 150M+.
The funny part is I'm sure a chunk of the 600-person staff exists to care for the rest of the staff (food, cleaning, health, etc). So he has staff for his staff!
Well, he did say IMO YMMV. I happen to agree that it looks pretty nice, at least on its own (although it might be trying a bit too hard to look modern), but it's definitely pretty polarizing architecture, so opinions going either way are not surprising.
The problem with this is that it does not add any realy value to the economy. During the great depression in the US, thousands and thousand wandered the streets selling apples, however this did nothing at all to help the economy. Wouldn't it be better if he paid his workers more, allowing them to spend more money more efficiently and create more useful jobs that way?
No. I wouldn't be better. Of course this adds value to the economy.
And if he overpays his workers he causes local inflation which can have very bad effects on other workers, since these privileged ones can spend more, which raises prices for everyone.
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[ 3.8 ms ] story [ 49.3 ms ] threadYou know jack about India. So STFU.
It looks like a building that is so dilapidated the walls are crumbling and fell off.
Maybe it's better in person?
It also looks like a Jenga game in progress.
Instead of just giving money to 600 people, he gave them jobs. And don't forget his suppliers too who also have jobs.
And if he overpays his workers he causes local inflation which can have very bad effects on other workers, since these privileged ones can spend more, which raises prices for everyone.
That said, a 27 story building with a staff of 600, 9 elevators and 3 helipads as a personal residence for your family of 5? Methinks a tad excessive.