The residential locations are developing to a high standard that has luxurious facilities only affordable for rich people to live in. India has some high-standard locations with extraordinary facilities. Here we can list some of the most expensive and premium residential areas across India.
1. Malabar Hill, Mumbai
Malabar Hill is one of the most expensive and much-in-demand residential areas in Mumbai. From here, we can view Chowpatty, Marine Drive, Nariman Point, and Back Bay which makes the rate of property reach sky high. It has a home of many notable personalities and celebrities, from Juhi Chawla to Akshaye Khanna. The cost of properties in this area is ranging up to Rs. 300 crores and above.
2. Tardeo, South Mumbai
Tardeo is India’s most expensive luxury residential location in the primary real estate market. Here the properties are being built and sold for an average rate of Rs. 56,200 per sq ft. The area also has some important commercial offices in the AC Market Building and the Film Center Building.
3. Koregaon Park, Pune
Koregaon Park is one of the upscale real estate locations in Pune. The locality consists of high-end luxurious residential apartments, bungalows, expensive retail stores, multiplexes, restaurants, and hotels. The properties in this area are costly and can be sold between Rs 13000 – Rs. 16000 per sq. ft and above.
4. Banjara Hills, Hyderabad
Banjara Hills is one of the important localities among the costliest commercial and residential localities in Hyderabad. It has luxurious restaurants, shopping complexes, and educational institutions. Here the price of the premium properties can cost up to Rs. 75 crores, and the rent could be valued up to Rs. 4.50 lakh per month.
5. Alipore, Kolkata
The home buyers are interested in this area for its connectivity of the residential area with the industrial area. It is famous for old bungalows and Victorian houses. Here the starting price of properties is Rs. 13,000 per sq. ft.