Aravind Adiga with his debut novel, The White Tiger for which he won the Man Booker Prize in 2008, became a significant writer of contemporary fiction in the canon of Indian English Literature. His other works include Last Man in Tower, Selection Day, Amnesty, and a collection of short stories, Between the Assassinations. Adiga’s fiction covers primarily the so-called progressive attitude of India as a postcolonial nation. The economic divide, the social margins, and the concept of the ‘other’ in its varied forms are the nuances around which Adiga builds his stories. The urban middle-class, as portrayed in Aravind Adiga’s second novel Last Man in Tower, is a perfect archetype of cosmopolitan Indian society - the harbinger of the supposed development in the Indian economy. A common factor, that intertwines the multi-ethnic array of characters in the novel, is their ambition for social egalitarianism, economic amelioration, and overall well-being. Adiga attempts to portray Indian society with its raw ambitions and relentless aspirations and tries to critique these ambitions by adding narcissism to the list. He tries to convey the predicament of the common people who are torn between development and degeneration, the two extremes of a developing nation. The paper is based on the premise that in Indian society, in the wake of ‘Development’, Capitalism and Moralism are in a constant tussle with each other. It attempts to explore and critically analyse the denouement of the Urban Middle-Class ambitions as delineated in Aravind Adiga’s Last Man in Tower.