How much does the ‘Living Mall’ of the Taj Mahal cost in India?
There are different ways to estimate the value of this magnificent building.
In India, the official valuation of the ‘Mall of India’ is Rs 1,100 crore.
In 2015, a team of scientists estimated that it would take just a couple of years for the mall to be worth over Rs 2,000 crore.
So, the value is in the range of Rs 3,000 to Rs 5,000 crores.
According to the official valuations of the other buildings in the Mall of India, they are worth anywhere from Rs 200 crore to Rs 2.5 lakh crore.
A recent article in Mint newspaper estimated the value for the Mall as Rs 1.5 billion.
It also said that it was worth Rs 7.5 crore.
But, it may be worth more than that.
For instance, the mall may not have a lot of value.
So it may not be worth the official value of Rs 2 lakh crore even if you go by Mint’s valuation.
For that matter, it is not the only building in the mall, which is also worth a lot.
But the amount of the Mall is not just based on its size, but also on the condition of the furniture, the space, the facilities and the amenities of the building.
This is a very big issue.
The Taj Mahals is the second-tallest building in India after the Taj Bhawan in Mumbai.
It is estimated that the size of the entire Mall of Asia is about 20,000 ft. (6,200 m) high.
The tallest building in Asia is the Taj Hotel in Beijing.
The construction cost of the mall is estimated to be Rs 2 crore, which does not include the construction of the walls.
The other major building is the National Gallery in Delhi.
The building is estimated at Rs 1 billion.
But we have already mentioned that the building is only a part of the structure.
So the cost of building the rest of the structures would be even higher.
The total cost of this huge complex is estimated as Rs 4,500 crore.
It has the capacity to house 10 million people.
The cost of maintaining the mall would also be astronomical.
The value of the remaining buildings in this building is even more expensive.
For example, the Taj Tower is estimated worth around Rs 20,500 crores, which includes the cost for its maintenance and the upkeep of its surrounding buildings.
The Mumbai skyline has grown over the years and the building of the Mumbai Mall has not kept pace.
It could easily exceed the estimated value of 1.6 billion crores by 2035.
But what is the real value of a building?
How much do you pay for a building in this country?
How many years does it last?
It is a question that we do not have answers to.
The answer to this question may depend on the size and complexity of the buildings in which it is built.
But there is a definite correlation between the cost and the lifespan of a structure.
The more complex and expensive a building is, the longer it will last.
According the Bureau of Indian Standards (BIOS), a building with a lifespan of five to 10 years has a value of around Rs 10 crore.
Another value of 5 to 10 per cent is also reported.
For a building that is just a single story, its lifespan is around 5 years.
In this case, a 10-story building has a lifespan value of just Rs 100 crore.
How much money do you have to spend to preserve the life of a complex structure?
The most important thing to remember is that you are spending money to preserve life of the infrastructure of the whole of India.
It depends on how old the structure is and the condition.
If the structure has deteriorated or if there are leaks, then its lifespan may be even shorter.
The longer it has been in use, the more likely it is that it is going to be a part, if not the main, of a larger complex of buildings.
In such cases, a structure like the Taj Mall may be the last resort.
The National Gallery is the last piece of the puzzle.
The Mall of Central Asia and the Taj may have become a part-time attraction for visitors to the Indian capital.
But how much do we spend on them?
How are they maintained?
How do we pay for them?
A new mall or a new building is a big deal in India.
This new development is the biggest challenge of the Indian economy.
A new shopping mall or mall can have a significant impact on the economy of the country.
It can bring more tourists and increase the value and the revenue of the economy.
The biggest challenge is that these malls have not been built by professionals who have expertise in the management of the various infrastructure and the construction, and who have built a complex infrastructure in India and who are not afraid to take risks.