Real Estate

The 10 Most Expensive Cities & Localities In India For Real Estate

The 10 Most Expensive Cities & Localities In India For Real Estate

 

 

India is a big nation with several diverse cities, each of which has its own distinct traits. Find information about India's top ten most expensive cities and their priciest neighbourhoods.

Since they are both expensive and economic powerhouses, the most expensive cities in the world attract professionals, businesses, and dreamers. From Mumbai's ornate architecture to Bangalore's IT hubs, Indian towns have a lot to offer. Some are IT hubs, while others are financial behemoths. Booming industries, robust employment markets, and first-rate amenities are a few factors that contribute to their appeal. Find out what makes these wealthy areas special and why people pay more to live here.


Top 10 Costliest Cities In India

·         Mumbai

·         Delhi

·         Kolkata

·         Bangalore

·         Pune

·         Chennai

·         Hyderabad

·         Ahmedabad

·         Jaipur

·         Surat

 

Mumbai Is India's Most Expensive City

Mumbai is a large financial centre. Large corporations and the stock exchange make up the city's robust economy. Mumbai's breathtaking coastline, thrilling nightlife, and diverse food scene attract people who appreciate city living.

Mumbai offers affordable property options in the suburbs despite the exorbitant real estate costs in premium areas like South Mumbai and Bandra. The city has an excellent public transit system, which includes suburban trains and buses, making it accessible to residents from all economic backgrounds.

Top Localities of Mumbai & Residential Real Estate Prices

Top Localities 

Property Type 

Average Price 

Malabar Hill

Apartment

Rs. 59,275 per sqft

Cuffe Parade

Apartment

Rs. 55,960 per sqft

Tardeo

Apartment

Rs. 47,223 per sqft

Juhu

Apartment

Rs. 39,238 per sqft

Bandra west

Apartment

Rs. 44,509 per sqft

 

Second-most expensive city in India is Delhi.

India's capital, Delhi, is a bustling hub of activity. The city attracts a lot of professionals and businesses because of its banking, healthcare, education, and information technology industries. Delhi is still a top choice for many individuals despite its high cost of living. Delhi is one of India's most expensive cities due to its upscale residences, upscale neighbourhoods, and real estate demand.

Top Localities of Delhi & Real Estate Prices

Top Localities 

Property Type 

Average Price 

Golf Links

Apartment

Rs. 23,735 per sqft

Jor Bagh

Apartment

Rs. 55,660 per sqft

Greater Kailash

Apartment

Builder Floor

House

Rs. 17,455 per sqft

Rs. 21,505 per sqft

Rs. 52,914 per sqft

Model Town

Apartment

Builder Floor

Rs. 14,607 per sqft

Rs. 14,064 per sqft

New Friends Colony

Builder Floor

House

Rs. 18,941 per sqft 

Rs. 44,370 per sqft

 

Bangalore, Among Top 10 Costliest Cities In India

Bangalore, a vibrant city, is frequently referred to as the "Silicon Valley of India." It is commonly known that modern technologies are expensive. Numerous IT professionals from throughout the world visit here. Excellent hospitals, schools, and art may be found in Bangalore.

Bangalore has a high demand for homes, and some wealthy neighbourhoods have witnessed price hikes. Despite the difficulties this poses for affordability, the city continues to provide a broad range of housing options and a good standard of living, making it a popular choice for families and working people.

Bangalore Top Localities & Real Estate Prices

Top Localities 

Property Type 

Average Price 

Basavanagudi 

Apartment

House

Rs.10,256 per sqft

Rs.12,375 per sqft

Indira Nagar

Apartment

House

Rs.10,805 per sqft

Rs.17, 408 per sqft

Koramangala 

Apartment

House

Rs.11,412 per sqft

Rs.16,997 per sqft

Jayanagar

Apartment

House

Rs.10,973 per sqft

Rs.18,837 per sqft

Malleshwaram

Apartment

House

Rs.11,561 per sqft

Rs.15,541 per sqft

 

Most expensive city in India is Kolkata.

The history, extensive cultural legacy, and artistic aspirations of Kolkata are well known. As housing demand rises, its real estate sector is expanding. Kolkata offers a variety of housing options, however many affluent areas command expensive rents due to their prime locations and state-of-the-art amenities.

Kolkata Top Localities & Real Estate Prices

Top Localities 

Property Type 

Average Price 

Tollygunge

Apartment

Builder Floor

House

Rs. 7,144 per sqft

Rs. 4,184 per sqft

Rs. 5,005 per sqft

Bhawanipur

Apartment

House

Rs. 10,461 per sqft

Rs. 7,940 per sqft

Park Street

Apartment

Rs. 27,758 per sqft

Jadavpur

Apartment 

Builder Floor

Rs. 5,273 per sqft

Rs. 4,173 per sqft

Salt Lake

Apartment

Builder Floor

House

Rs. 7,853 per sqft

Rs. 5,701 per sqft

Rs. 9,821 per sqft

 

Pune, one of India's ten most expensive cities,

Pune is a city that is skyrocketing in both popularity and expense. It boasts fantastic schools, a plenty of IT jobs, and beautiful surroundings. The city's real estate market provides a variety of housing choices, including pricey apartments and extra affordable dwellings. Pune is an attractive city with expanding career opportunities and leisure options, which increases living costs.

 

Pune Top Localities & Real Estate Prices

Top Localities 

Property Type 

Average Price 

Koregaon Park

Apartment 

Rs. 12,569 per sqft

Kalyani Nagar 

Apartment 

Rs. 11,117 per sqft

Aundh 

Apartment 

Builder Floor

Residential Plot

House 

Rs. 9,383 per sqft

Rs. 8,543 per sqft

Rs. 83,961 per sqyrd

Rs. 10,997 per sqft

NIBM Road 

Apartment 

Builder Floor

Residential Plot

House 

Rs. 6,741 per sqft

Rs. 3,587 per sqft

Rs. 22,388 per sqyrd

Rs. 6,233 per sqft

Model Colony 

Apartment 

Rs. 16,138 per sqft

 

Chennai - One Of The Top 10 Costliest Cities In India

Many people go to Chennai from all across India to work in the IT and industrial sectors. Prices for homes are increasing as a result of the great demand for housing. The city is home to both traditional and contemporary cultures. Due to its schools, hospitals, and lovely beaches, it is well-known. Families and businesses like visiting here. In Chennai, there are many different types of homes, from lavish apartments to basic ones. Some places are getting more expensive. Given that Chennai is a prosperous city with a high level of life, living there may be pricey.

Chennai Top Localities & Real Estate Prices

Top Localities 

Property Type 

Average Price 

Adyar

Apartment 

Builder Floor

Residential Plot

House

Rs. 14,401 per sqft

Rs. 14,038 per sqft

Rs. 2,03,116 per sqyrd

Rs. 21,767 per sqft

Anna Nagar

Apartment 

Builder Floor

Residential Plot

House

Rs. 12,329 per sqft

Rs. 12,513 per sqft

Rs. 2,08,246 per sqyrd

Rs. 21,594 per sqft

Besant Nagar

Apartment

Rs. 15,968 per sqft

Thiruvanmiyur

Apartment 

Builder Floor

Residential Plot

House

Rs. 11,753per sqft

Rs. 10,403 per sqft

Rs. 1,26,467 per sqyrd

Rs. 14,245 per sqft

Mylapore

Apartment 

Builder Floor

Rs. 14,873 per sqft

Rs. 14,265 per sqft

 

Hyderabad

The pharmaceutical and IT industries are flourishing in Hyderabad. The city has a great infrastructure, housing stock, and facilities. Property values have skyrocketed as a result of increased demand for luxurious properties in upmarket districts like Banjara Hills and Jubilee Hills. Residents and investors alike regard Hyderabad as a destination.

 

Hyderabad Top Localities & Real Estate Prices

Top Localities 

Property Type 

Average Price 

Banjara Hills

Apartment

Residential Plot

House

Rs. 9,615 per sqft

Rs. 2,11,231 per sqyrd

Rs. 21,177 per sqft

Jubilee Hills

Apartment

Residential Plot

House

Rs. 12,544 per sqft

Rs. 2,63,563 per sqyrd

Rs. 26,483 per sqft

Gachibowli

Apartment

Residential Plot

Rs. 9,328 per sqft

Rs. 95,743 per sqyrd

Hitech City

Apartment

Rs.  10,079 per sqft

Manikonda

Apartment

Builder Floor

Residential Plot

Rs. 6,175 per sqft

Rs. 5,320 per sqft

Rs. 91,864 per sqyrd

 

Surat

Due to the growth of its diamond and textile industries, Surat has emerged as one of the most expensive urban areas. It is an expensive city because of its great position near to the Arabian Sea and its well-connected transit system. The city's economic growth has boosted housing demand, which has led to an increase in real estate costs.

Surat has upscale housing options, but it also provides a variety of options for different budgets. Surat's ascent to prominence as a pricey city is a reflection of its industrial prowess and the alternatives it provides those seeking wealth.

 

Ahmedabad

Rising manufacturing, IT, and urbanisation industries in Ahmedabad have all aided in the city's growth. Due to the city's desirable location and convenient transport alternatives, which have attracted both local and foreign investors, property values have risen.

Because of Ahmedabad's historical sites and cutting-edge architectural marvels, the city's real estate sector has flourished. Famous medical centres and educational institutes have also boosted their attractiveness. Although some of Ahmedabad's posh neighbourhoods have expensive real estate, the city nevertheless has a variety of housing alternatives to suit a variety of budgets.

 

Ahmedabad Top Localities & Real Estate Prices 

Top Localities 

Property Type 

Average Price 

CG Road

Apartment 

House 

Rs. 4,090 per sqft

Rs. 7,039 per sqft

Jagatpur

Apartment 

Rs. 4,714 per sqft

Satellite City

Apartment 

Rs. 7,084 per sqft

SG Highway

Apartment

Builder Floor

Residential Plot

House 

Rs. 5,518 per sqft

Rs. 5,403 per sqft

Rs. 1,10,513 per sqyrd

Rs. 12,320 per sqft

Thaltej

Apartment

Residential Plot

House 

Rs. 7,320 per sqft

Rs. 1,18,200 per sqft

Rs. 13,059 per sqft

 

Jaipur

Jaipur, often known as the Pink City, is renowned for its historic past and extensive cultural legacy. Beautiful palaces, storied forts, and bustling markets may be found in Jaipur. It is one of India's priciest cities, and house prices are rising. More people want to live and work here as a result of the high number of visitors, excellent schools, and IT jobs. Jaipur is getting better with new buildings and infrastructure, and wealthier areas have attractive modern stuff.

 

Summary of India's Expensive Cities

Due to factors including a strong demand for housing and few resources, living expenses are high in India's priciest cities. These cities provide fantastic economic prospects and a vibrant cultural scene, but housing expenses may be exorbitant. It's vital to strike the right balance between costs of living and the style of living that locals and businesses want.

 

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