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India’s real estate market is expected to reach $1 trillion by 2030. As the second-largest employer in the country, the industry is set to grow exponentially. With the rise in white-collar jobs and tech growth, cities are rapidly developing, changing the real estate dynamics of the country. Here are the most expensive indian cities.
Mumbai
Mumbai, known as India’s business and financial hub, also hosts industries in media, communications, retail, and tech. The city has been expanding rapidly, accommodating millions of migrants each year.
Locality | Price per Square Foot | Description |
---|---|---|
Malabar Hill | Rs. 59,275 | One of Mumbai’s most upscale neighborhoods, offering stunning views of the Arabian Sea and home to several VIP residences. |
Cuffe Parade | Rs. 55,960 | Known for its high-end residential complexes and proximity to Nariman Point, a prime business district. |
Tardeo | Rs. 47,223 | Central location with easy access to commercial hubs, making it a preferred choice for affluent professionals. |
Juhu | Rs. 39,238 | Famous for its beach, celebrity homes, and vibrant nightlife, Juhu is a coveted residential area. |
Bandra West | Rs. 44,509 | A trendy locality known for its mix of heritage bungalows, high-end apartments, and lively social scene. |
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Delhi
Delhi, the capital of India, is rich in history and culture. Its rising startup economy attracts thousands, making it more cosmopolitan.
Locality | Price per Square Foot | Description |
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Golf Links | Rs. 23,735 | A prestigious area known for its luxurious homes and proximity to key government and business centers. |
Jor Bagh | Rs. 55,660 | Popular among diplomats and expatriates, offering spacious homes and a serene environment. |
Greater Kailash | Rs. 52,914 | A well-known residential and commercial hub, favored for its modern amenities and shopping complexes. |
Model Town | Rs. 14,607 | Offers a mix of residential comfort and commercial convenience, with parks and recreational areas. |
New Friends Colony | Rs. 44,370 | Known for its green spaces, quality education institutions, and well-planned infrastructure. |
Kolkata
Kolkata, known for its heritage and infrastructure, remains largely affordable except for a few affluent areas.
Locality | Price per Square Foot | Description |
---|---|---|
Bhawanipur | Rs. 10,461 | A traditional area with a blend of old-world charm and modern conveniences, close to major educational institutions. |
Park Street | Rs. 27,758 | The heart of Kolkata’s nightlife and dining scene, with high-end residences and commercial establishments. |
Salt Lake | Rs. 9,821 | Known for its planned infrastructure, IT hubs, and tranquil residential neighborhoods. |
Bangalore
Bangalore, India’s Silicon Valley, has become a tech hub, attracting migrants, investors, and startup owners.
Locality | Price per Square Foot | Description |
---|---|---|
Basavanagudi | Rs. 10,256 | A historic area with a mix of cultural heritage and modern living, known for its parks and traditional markets. |
Indira Nagar | Rs. 10,805 | A bustling neighborhood popular among young professionals, with a variety of eateries, pubs, and shopping options. |
Koramangala | Rs. 11,412 | One of Bangalore’s most vibrant areas, known for its startups, cafes, and upscale residences. |
Jayanagar | Rs. 10,973 | A well-planned locality with a mix of residential and commercial spaces, parks, and educational institutions. |
Malleshwaram | Rs. 11,561 | A traditional area with a rich cultural history, bustling markets, and modern amenities. |
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Pune
Pune is witnessing massive growth in the IT sector and is set to become Maharashtra’s tech hub.
Locality | Price per Square Foot | Description |
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Koregaon Park | Rs. 12,569 | An upscale residential area known for its green surroundings, luxury apartments, and proximity to business centers. |
Kalyani Nagar | Rs. 11,117 | A rapidly developing area with a mix of residential and commercial properties, popular among IT professionals. |
Aundh | Rs. 83,961 | Known for its modern infrastructure, shopping complexes, and high-end residential projects. |
NIBM Road | Rs. 6,741 | Offers a serene residential environment with good connectivity to major IT hubs. |
Model Colony | Rs. 16,138 | Centrally located with excellent amenities, making it a preferred choice for families and professionals. |
Chennai
Chennai attracts people for IT and industrial jobs, resulting in rising home prices.
Locality | Price per Square Foot | Description |
---|---|---|
Adyar | Rs. 14,401 | A prime residential area with lush greenery, reputed educational institutions, and close to the IT corridor. |
Anna Nagar | Rs. 12,329 | Known for its well-planned layout, shopping centers, and connectivity to key parts of the city. |
Besant Nagar | Rs. 15,968 | A coastal neighborhood popular for its scenic views, calm environment, and upscale residences. |
Thiruvanmiyur | Rs. 11,753 | Close to the IT hub of OMR, known for its residential appeal and easy access to the beach. |
Mylapore | Rs. 14,873 | A historic area with temples, cultural centers, and a mix of old and new residential properties. |
Hyderabad
Hyderabad, with its pharmaceutical and IT industries, has increased demand for luxurious properties.
Locality | Price per Square Foot | Description |
---|---|---|
Banjara Hills | Rs. 9,615 | A prestigious locality known for its upscale residences, commercial complexes, and green spaces. |
Jubilee Hills | Rs. 12,544 | Home to celebrities and business tycoons, offering luxury living and excellent amenities. |
Gachibowli | Rs. 9,328 | A major IT hub with modern residential complexes and proximity to workplaces. |
Hitech City | Rs. 10,079 | Known for its tech parks, shopping malls, and high-end residential projects. |
Manikonda | Rs. 6,175 | A fast-developing area with affordable housing options and good connectivity to IT hubs. |
Surat
Surat’s diamond and textile business, boosted by its connection to the Arabian Sea, offers upscale housing options.
Localities | Price per Square Foot | Description |
---|---|---|
Top Localities | Rs. 4,478 to Rs. 8,867 | Known for its booming textile and diamond industry, offering a mix of affordable and luxurious residential options. |
Ahmedabad
Ahmedabad’s growth in manufacturing, IT, and urbanization drives its real estate sector.
Locality | Price per Square Foot | Description |
---|---|---|
CG Road | Rs. 4,090 | A prime commercial area with a blend of office spaces, retail outlets, and residential apartments. |
Jagatpur | Rs. 4,714 | A rapidly developing locality with modern residential projects and good connectivity. |
Satellite City | Rs. 7,084 | Known for its upscale residential complexes, shopping malls, and excellent infrastructure. |
SG Highway | Rs. 5,518 | A major artery connecting key areas, with numerous residential and commercial developments. |
Thaltej | Rs. 7,320 | A sought-after residential area with premium housing projects and proximity to business hubs. |
Jaipur
Jaipur, known as the Pink City, has rising house prices due to increased interest, excellent schools, and IT jobs. This brings it under the top 10 expensive Indian cities.
Localities | Price per Square Foot | Description |
---|---|---|
Top Localities | Rs. 2,762 to Rs. 8,441 | Famous for its rich cultural heritage, tourism, and emerging IT industry, offering a range of residential options. |
Conclusion
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