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5 Most Expensive Localities In India

| Published on May 1, 2021

There are many luxury celebrity homes that have become popular in the country. Antila, for instance, has become a landmark in Mumbai city. The Ambani residence has also made a mark internationally for being the most expensive residence.

This only makes us wonder if there are more luxury properties and localities in the country that is home to famous celebrities and the super-rich. While there is one such locality in almost every city of India, here are the 5 most expensive localities in India.

Alipore

Alipore is the most expensive and high-end locality in Kolkata. It is surrounded by ample trees around and it is also home to India’s largest zoological park and the national library. The average price of properties here starts from ₹13,000 per sq. ft.

Sector 5 (Chandigarh)

Sector 5 in Chandigarh is home to many ministers, bureaucrats, and big shots. Premium properties in this area can fetch up to ₹45 crores.

Banjara Hills (Hyderabad)

Located towards the northwest part of the city, Banjara Hills is the richest locality in Hyderabad. Premium properties in this upscale neighborhood can fetch up to Rs 75 crores while rents in this locality could go up to Rs 4.50 lakhs per month.

Golf Links (New Delhi)

Golf Links is is in walking distance of Khan Market and is considered one of the most expensive areas to buy real estate in India. The rental rates in Golf Links can vary from Rs 1 lakh to 10 lakh a month. Interestingly, Paytm founder, Vijay Shekhar Sharma, also recently bought a property in the area for Rs 82 crore.

Malabar Hill (Mumbai)

Malabar Hill in South Mumbai is undoubtedly the most expensive locality to live in India. It has been home to many notable residents like Adi Godrej, Cyrus Broacha, the Birla family, Shashi Ruia & family, Pallonji Mistry, the Jindal family, the Petit family, the Divecha family, etc. Actress Juhi Chawla and husband Jay Mehta also own a beautiful ancestral home in Malabar Hill. Properties in this area can come with a hefty price tag of up to ₹300 crores and above.

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