NRI business man B R Shetty buys two floors at Burj Dubai

Dr. B R Shetty, the managing director and CEO of Abu Dhabi’s first multi-speciality healthcare facility, New Medical Centre (NMC) and the UAE Exchange now owns 100th and 142nd floors of Burj Khalifa, worlds tallest building. Burj Khalifa in Dubai,  is the most sought after address in the world now. B R Shetty, originally from Mangalore, Karnataka has got strong ties with Kerala. He has chosen  Kochi as the head office of UAE Exchange. Dr. Shetty, famous for his philanthropy activities was conferred Padma Sri in 2009.

Shetty has spent around Rs. 122 crores to buy the property in Burj Khalifa. Shetty bought the space for Dirham 3,000 (Rs 38,000) per sqft in Burj Khalifa. Even in the recessionary times, he has got offers up to 12000 Dirham for the property. He said he wouldn’t sell the property for any amount.

UAE Exchange was established in 1980 in UAE. It is now one of the world leading money exchange companies in the world. Shetty employs around 10,000 people in his various businesses. Shetty will take procession of the property in February. It will surely be a proud moment for him.