UAE's Indian-Origin Billion-Dirham Tycoon on His Ideal Home
Ankur Aggarwal, the Delhi-born entrepreneur behind BNW Developments, shares his thoughts on what truly defines luxury in the real estate world.
Luxury Real EstateAnkur AggarwalBnw DevelopmentsDubaiHomeReal Estate MaharashtraAug 26, 2025
Speaking recently on Raj Shamani’s popular podcast Figuring Out, Aggarwal offered a rare glimpse into his personal philosophy. During a rapid-fire round, Shamani asked him to pick between a mansion and a penthouse. The developer, known for his sharp business instincts, paused before answering. “Neither,” he said. “What I really want is a home.”
For Aggarwal, home is not about marble finishes or panoramic views—it’s about belonging, comfort, and family. “At the end of the day, what matters most is the feeling of homeliness and the people you share it with,” he reflected. In an industry where size and spectacle often define success, his words carried an unusual weight.
Pressed further, Aggarwal revealed that he currently resides in a villa in Dubai, a choice that reflects both privacy and practicality. When asked about his dream home, the entrepreneur quipped, “I don’t have a dream home because I simply don’t dream. I live in the present.”
The remark summed up his blend of pragmatism and emotional clarity, a balance that perhaps explains his meteoric rise from borrowing Rs 70,000 for his first venture to leading projects worth billions today.
For someone building branded residences and luxury spaces across the UAE, Aggarwal’s personal preference underscores an often-overlooked truth: luxury isn’t just about what dazzles the eye, but what grounds the soul.
Looking ahead, BNW Developments is preparing to launch projects worth Rs 20,000 crore over the next year, each infused with the same ethos, creating spaces that feel less like assets and more like homes.
Frequently Asked Questions
What is Ankur Aggarwal's philosophy on luxury real estate?
Ankur Aggarwal believes that the essence of luxury lies in the feeling of home, comfort, and belonging, rather than just extravagant features.
Where does Ankur Aggarwal currently live?
Ankur Aggarwal currently resides in a villa in Dubai, which reflects his preference for privacy and practicality.
What does Ankur Aggarwal say about his dream home?
Ankur Aggarwal quipped that he doesn’t have a dream home because he focuses on living in the present.
What projects is BNW Developments preparing to launch?
BNW Developments is preparing to launch projects worth Rs 20,000 crore over the next year, each infused with the ethos of creating spaces that feel like homes.
What is the core message of Ankur Aggarwal's approach to real estate?
Ankur Aggarwal’s approach emphasizes that luxury is not just about what dazzles the eye but what grounds the soul and creates a sense of belonging.
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