5 Most Expensive Residential Areas In India Only Millionaires Can Afford

In space-scarce metropolises where comfort, amenities, open space, privacy and serenity are perceived as large luxuries that the well-off swish set are willing to pay a premium for, luxury real estate is certainly one of the most coveted markets in the world. Some of India’s most exclusive residential locations are home to uber-wealthy people obviously and here is a list of such locations.

1. Malabar Hill, Mumbai

Mumbai’s Malabar Hill is the most exclusive address in the city, where most of the residents are billionaires and millionaires. At the southernmost tip of Mumbai, Malabar Hill offers a three-sided view of the Arabian Sea making it the most desired and expensive location in Mumbai.

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2. Basavanagudi, Bangalore

Bangalore’s Basavanagudi is a posh and residential area that is also commercially active. As one of Bangalore‘s oldest localities and a business hub since the yesteryears, Basavanagudi is situated right next to Jayanagar.

3. Jor Bagh, Delhi

Jor Bagh is a posh area on the southern edge of Delhi located near Safdarjung’s Tomb and Jor Bagh Metro Station. Among Delhi’s list, it is ranked first for its accessibility to lifestyle avenues such as malls, connectivity to nearby strategic locations and historical monuments, and the overall liveability index.

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4. Boat Club, Chennai

Affluent residents of Chennai own homes in this area. Home to politicians, business tycoons and film stars, Boat Club, a posh residential area in Chennai, lies close to the Adyar River, surrounded by lush greenery all around and within, and boasts high-end automobiles such as Rolls Royces, Lamborghinis, Porsches, Jaguars and Audis.

5. Banjara Hills, Hyderabad

One of the most coveted addresses in Hyderabad is Banjara hills. Located in the northwest part of the city, the place is traditionally known so. In spite of Banjara Hills’ serene and peaceful surroundings, in a noisy city with high-speed developments, the area still houses some of the city’s best eateries, shopping complexes, and educational institutions.