Luxury real estate is undoubtedly one of the most sought-after markets in the world, especially in urban areas with limited available space and where amenities, comfort, open space, seclusion, and peace are seen as substantial extras for which the wealthy swish set are willing to pay a premium. Naturally, ultra-wealthy people live in some of India’s most exclusive residential areas. Here is the list of five places where buying a property needs very deep pockets.
Jor Bagh, New Delhi
The upscale neighborhood of Jor Bagh is found on the southern outskirts of Delhi, close to Safdarjung’s Tomb and Jor Bagh Metro Station. It is ranked first on the list for its liveability overall, proximity to adjacent vital areas and historical landmarks, and accessibility to lifestyle options like malls.
Malabar Hill, Mumbai
Malabar Hill in Mumbai, where the majority of residents are billionaires and millionaires, is the most prestigious address in the city. The most sought-after and costly area in Mumbai is Malabar Hill, which is located at the southernmost tip of the city and gives a three-sided view of the Arabian Sea. The is known for its opulence.
Basavanagudi in Bangalore
Basavanagudi in Bangalore is an upscale neighborhood with a thriving business district. Basavanagudi, one of Bangalore’s oldest neighborhoods and a longtime commercial center, is located near Jayanagar.
Hyderabad’s Banjara Hills
The Banjara Hills neighborhood is one of Hyderabad’s most covetous addresses. The locality is known as such since it is situated in the city’s northwest. Despite the calm and tranquil surroundings of Banjara Hills, which are located in a busy city with rapid development, the neighborhood still has some of the top restaurants, retail centers, and educational facilities in the city.
Boat club, Chennai
Chennai’s wealthy citizens own mansions in this neighborhood. Boat Club, a luxury neighborhood in Chennai that is home to politicians, business tycoons, and celebrities, is close to the Adyar River, surrounded by lush vegetation both outside and inside, and it is known for its high-end vehicles, including Rolls Royces, Lamborghinis, Porsches, Jaguars, and Audis.