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This article was first published 12 years ago

Most expensive neighbourhoods in India

Last updated on: March 26, 2012 12:21 IST

Image: Let's take a look at some of the most expensive neighbourhoods in India.
Photographs: Reuters

There are some streets in India where the property prices are so high that only the super rich can afford to live there.

Let's take a look at some of the most expensive neighbourhoods in India, according to Business Insider.

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Tags: India

Most expensive neighbourhoods in India

Image: Lakshmi Niwas Mittal has a house on Aurangzeb Road.
Photographs: Thierry Roge/Reuters

Aurangzeb Road

Delhi

Aurangzeb Road, which is near the Prime Minister's residence on Race Course Road, is India's wealthiest street based on the net worth of billionaires living there.

Lakshmi Niwas Mittal, Chairman and CEO, ArcelorMittal, the world's largest steelmaking company, lives there whenever he is in Delhi.

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Most expensive neighbourhoods in India

Image: Kushal Pal Singh also has a house on Aurangzeb Road.
Photographs: Arko Datta/Reuters

Kushal Pal Singh, Chairman and CEO, DLF Limited, also has a house on Aurangzeb Road. Other neighbours are Jindals, Analjit Singh of Max India group, Malvinder and Shivinder Singh of Religare, Pepsi bottler Ravi Jaipuria and Atul Punj of Punj Lloyd.

According to reports, properties on this road cost Rs 1.40 lakh per sq ft.

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Most expensive neighbourhoods in India

Image: Kumar Mangalam Birla has a house on Altamount Road.
Photographs: Punit Paranjpe/Reuters

Altamount Road

Mumbai

Two of the richest men in India - Mukesh Ambani and Kumar Mangalam Birla - live on Altamount Road in Mumbai.

The combined wealth of the Altamount Road neighbours adds up to a $31 billion.

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Most expensive neighbourhoods in India

Image: Mukesh Ambani's Antilla is located here.
Photographs: Denis Balibouse/Reuters

Mukesh Ambani's 27-storey Antilla house is situated there.

Antilia is named after the mythical island in the Atlantic, Antillia. The building is situated on a 4,532 square metres (48,780 sq ft) plot at Altamount Road, Cumballa Hill, South Mumbai.

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Most expensive neighbourhoods in India

Image: Adi Godrej has a house on Malabar Hill.
Photographs: Reuters

Malabar Hill

Mumbai

Ruias of Essar group, Shapoorji Pallonji Mistry, single largest shareholder in Tata Group, Adi Godrej and Venugopal Dhoot reside on Malabar Hill.

The street has a combined net worth of about $30 billion.

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Most expensive neighbourhoods in India

Image: Ruais of Essar also have a house on Malabar Hill.
Photographs: B Mathur/Reuters

Ruias of Essar group live on Malabar Hill. An apartment in Malabar Hill actually costs more than the going rate of Rs 70,000/sq ft for multi-storeyed apartments in Altamount Road.

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Most expensive neighbourhoods in India

Image: Bharti's Sunil Mittal lives on Amrita Shergill Marg.
Photographs: B Mathur/Reuters

Amrita Shergill Marg

Delhi

Amrita Shergill Marg, which is in the heart of New Delhi, has bungalows of Bharti's Sunil Mittal and Hindujas.

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Most expensive neighbourhoods in India

Image: Hindujas also have a bungalow there.
Photographs: Reuters

The current market price of property at Amrita Shergill Marg is Rs 96,000/sq ft.

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Most expensive neighbourhoods in India

Image: Azim Premji lives on the campus.
Photographs: Stringer/Reuters

Surjapur

Bangalore

Surjapur makes it to the list thanks to Wipro's Azim Premji, who lives on the campus.

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Most expensive neighbourhoods in India

Image: N R Narayana Murthy.
Photographs: Jayanta Shaw/Reuters

While Premji lives on Surjapur, N R Narayana Murthy and G M Rao live on Jayanagar in Bangalore.

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Most expensive neighbourhoods in India

Image: Kalanithi Maran has a house in Boat Club area in Chennai.
Photographs: Reuters

Boat Club area

Chennai

Kalanithi Maran and the Murugappa family have houses in Boat Club area in Chennai.

The current property prices for apartments is Rs 20,000/sq ft.

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Most expensive neighbourhoods in India

Image: Apartments cost Rs 19,000/sq ft in Alipore area in Kolkata.
Photographs: Dipyaman Sarkar/Reuters

While apartments in Boat Club area will set you back by Rs 20,000/sq ft, the current price of a flat in Kolkata's Alipore area is Rs 19,000/sq ft.