The high rise building construction consist of number of repetitive activities and also have same identical floors. The increase in duration of construction greatly affects the construction cost. Selection of best formwork system gives best result in cost saving. Formwork consist of 20-25% of total cost of project[2]. So that used advanced formwork system helps in cost saving as reduction slab cycle time. This study is done for comparative analysis of tunnel formwork system and aluminum formwork used for high rise building construction.