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Indian businessman now owns 22 apartments in Burj Khalifa
by Seva Lamberdar Sun Sep 11, 2016 3:24 pm
DUBAI: An Indian mechanic-turned-businessman owns 22 incredible apartments in Dubai's Burj Khalifa, a media report said on Sunday.
George V Nereaparambil says he is not stopping at 22 and will continue to buy more if he gets a "good deal".
"If I get a good deal, I'll buy more. I am a dreamer and I never stop dreaming," he told Khaleej Times.
The Kerala-born is believed to be one of the largest private owners within the Burj Khalifa, the world's tallest structure.
His stake in the property came about when a relative teased him about the 828-metre building.
"A relative of mine jokingly told me: See this Burj Khalifa, you cannot enter it," he said.
After seeing an advertisement in a newspaper about an apartment for rent in the building in 2010, Nereaparambil rented the apartment the same day and started living in it from the next day.
Now, six years on with 22 of the 900 apartments at perhaps the Gulf's poshest address under his belt, he said five are rented, and as for the rest, he's "waiting for the right tenant", the report quoted him as saying.
In an incredible sounding rags-to-riches story, Nereaparambil realised there was huge scope for an air conditioning business in the hot climate of the desert after first touched down in Sharjah back in 1976.
Nereaparambil, who helped his father trade cash crops and made money from waste at the age of 11, then went about setting up the beginnings of his now mini empire, GEO Group of Companies.
"People in my hometown used to trade cotton, but they'd throw away the cotton seeds. Not many people knew at that time that you could make gum from those seeds," he said.
Sifting through the dirt and sand to gather up the disregarded seeds, he said he would often make a "90 per cent profit selling them on".
"I'd do the same with tamarind seeds too. I'd sell the empty shells on as cattle feed," he added.
http://timesofindia.indiatimes.com/nri/middle-east-news/Once-a-mechanic-Indian-businessman-now-owns-22-apartments-in-Burj-Khalifa/articleshow/54278470.cms
George V Nereaparambil says he is not stopping at 22 and will continue to buy more if he gets a "good deal".
"If I get a good deal, I'll buy more. I am a dreamer and I never stop dreaming," he told Khaleej Times.
The Kerala-born is believed to be one of the largest private owners within the Burj Khalifa, the world's tallest structure.
His stake in the property came about when a relative teased him about the 828-metre building.
"A relative of mine jokingly told me: See this Burj Khalifa, you cannot enter it," he said.
After seeing an advertisement in a newspaper about an apartment for rent in the building in 2010, Nereaparambil rented the apartment the same day and started living in it from the next day.
Now, six years on with 22 of the 900 apartments at perhaps the Gulf's poshest address under his belt, he said five are rented, and as for the rest, he's "waiting for the right tenant", the report quoted him as saying.
In an incredible sounding rags-to-riches story, Nereaparambil realised there was huge scope for an air conditioning business in the hot climate of the desert after first touched down in Sharjah back in 1976.
Nereaparambil, who helped his father trade cash crops and made money from waste at the age of 11, then went about setting up the beginnings of his now mini empire, GEO Group of Companies.
"People in my hometown used to trade cotton, but they'd throw away the cotton seeds. Not many people knew at that time that you could make gum from those seeds," he said.
Sifting through the dirt and sand to gather up the disregarded seeds, he said he would often make a "90 per cent profit selling them on".
"I'd do the same with tamarind seeds too. I'd sell the empty shells on as cattle feed," he added.
http://timesofindia.indiatimes.com/nri/middle-east-news/Once-a-mechanic-Indian-businessman-now-owns-22-apartments-in-Burj-Khalifa/articleshow/54278470.cms
Seva Lamberdar- Posts : 6574
Join date : 2012-11-29 -
Re: Indian businessman now owns 22 apartments in Burj Khalifa
by Kayalvizhi Mon Sep 12, 2016 7:00 pm
An Indian Kerala mechanic-turned-businessman owns 22 incredible apartments in Dubai's Burj Khalifa,
Kayalvizhi- Posts : 3659
Join date : 2011-05-16
Re: Indian businessman now owns 22 apartments in Burj Khalifa
by Seva Lamberdar Tue Sep 13, 2016 8:22 am
but George thinks he is Indian first and then Keralite. btw he seems like a very smart guy with a great business sense.Kayalvizhi wrote:AnIndianKerala mechanic-turned-businessman owns 22 incredible apartments in Dubai's Burj Khalifa,
Seva Lamberdar- Posts : 6574
Join date : 2012-11-29 -
Re: Indian businessman now owns 22 apartments in Burj Khalifa
by pravalika nanda Tue Sep 13, 2016 10:03 pm
i've noticed that the indians who return from the middle east have an amazing love for their country.
pravalika nanda- Posts : 2372
Join date : 2011-07-14
Re: Indian businessman now owns 22 apartments in Burj Khalifa
by Seva Lamberdar Wed Sep 14, 2016 10:05 am
Very true.pravalika nanda wrote:i've noticed that the indians who return from the middle east have an amazing love for their country.
Seva Lamberdar- Posts : 6574
Join date : 2012-11-29 -
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