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- https://timesofindia.indiatimes.com/city/mumbai/redevelopment-rush-reaches-malabar-hill-in-mumbai-ultra-luxe-towers-change-horizon/articleshow/125191222.cms
- https://timesofindia.indiatimes.com/city/mumbai/jogeshwari-borivli-belt-saw-citys-highest-flat-sales-last-yr/articleshow/121854996.cms
- https://housing.com/price-trends/property-rates-for-buy-in-golf_links_new_delhi
- https://www.nobroker.in/flats-for-rent-in-malabar_hill_mumbai
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- https://www.etnownews.com/et-now-luxe/meet-the-8-billionaire-neighbours-of-mukesh-ambani-and-nita-ambani-on-mumbais-altamount-road-from-asha-bhosle-to-motilal-oswal-they-all-live-near-antilia-article
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Top 10 Most Expensive Areas In India: locations, Connectivity and Cost of Living in 2025
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From sleek, ultra-modern apartments in thriving metropolitan hubs to iconic heritage properties, the Indian real estate spectrum is vast, and so are the price tags. Among the many expensive neighbourhoods across the country, Mumbai’s Altamount Road stands out as the most expensive area in India, with prices ranging from ₹1.5 lakh to ₹2 lakh per square foot. In this blog, we’ll take a closer look at what makes such areas command these staggering rates and why they continue to draw the attention of elite buyers.
List of Top 10 Most Expensive Areas in India in 2025
India’s most expensive areas are known for premium real estate, upscale living, and elite residents, making them the priciest property market in the country. Here are the top-most expensive areas in India:
| Rank (High to low) | Area Name | Approx price range ₹ per sq ft |
| 1 | Altamount Road, Mumbai | ₹90,000–₹1,40,000 per sq ft. [1] |
| 2 | Malabar Hill, Mumbai | ₹51,586 - ₹88,147 per sq ft. [2] |
| 3 | Worli, Mumbai | ₹25,408 - ₹1 Lakh per sq ft [3] |
| 4 | Golf Links, New Delhi | ₹1 Lakh - ₹1 Lakh per sq ft [4] |
| 5 | Pali Hill, Mumbai | ₹61,111 per sq ft |
| 6 | Jor Bagh, New Delhi | ₹71,968 - ₹77,777 per sq. ft. |
| 7 | Cuffe Parade, Mumbai | ₹70,000 - ₹90,000 |
| 8 | Tardeo, Mumbai | ₹50,063 per sq ft |
| 9 | Defence Colony, New Delhi | ₹47,863*per sq ft |
| 10 | Banjara Hills, Hyderabad | Rs. 9,650per sq ft |
10 Most Expensive Areas in India And What Makes Them Exclusive
India is home to some of the most luxurious and exclusive neighbourhoods, where premium real estate meets a high standard of living. These areas are known for their higher cost of living, best amenities, prime locations, and soaring property prices. They are as follows:
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1. Altamount Road, Mumbai

Altamount Road in South Mumbai, famously known as India’s Billionaires’ Row, is home to elite residents like Mukesh Ambani and Radhakishan Damani. The area features luxurious high-rises, modern apartments, and heritage bungalows. The area has essential landmarks like Antilia, Lodha Altamount, and various consulate buildings. It’s well-connected with top hospitals like Jaslok and Breach Candy and reputed schools such as Villa Theresa and Aditya Birla World Academy.
Once lined with colonial mansions, it attracts industrialists, diplomats, and business tycoons. It remains among the most expensive residential areas in India. Its prime location, proximity to business hubs, and iconic landmarks like Antilia enhance its elite appeal.
Quick Information About Altamount Road
| Category | Details |
| Location | Altamount Road, Tardeo, South Mumbai, Maharashtra, India |
| Average Property Price | Approx. ₹90,000–₹1,40,000 per sq ft for apartments( depending on age, size, and amenity level. ) |
| Rental Cost | ₹65,000 – ₹1,00,000+ ₹1,00,000 – ₹1,60,000 ₹1,60,000 – ₹2,80,000+ ₹3.5 Lakh to ₹6.0 Lakh+ [ per month] |
| Connectivity | Mumbai Central Railway Station (2.1 Km), Mahalaxmi Metro Station (4.7 km) |
| Luxury Amenities | 5-Star Hotels: The Taj Mahal Palace Restaurants: Sizzling China, Maker Tower Cafes Shopping Malls: Colaba Causeway, HighEnd Boutiques Wellness and Spas: Luxury spas and wellness centers like Tantra Luxury Spa |
| Cost of Living | Extremely high due to exclusivity; 2BHK rent ranges from ₹2,00,000 to ₹3,00,000 |
| Real Estate Opportunities | Lodha Altamount and Kalpataru Privé are prominent projects |
2. Malabar Hill, Mumbai

Malabar Hill, a prestigious neighbourhood in South Mumbai, is famed for its panoramic sea views and affluent residents like Nadir Godrej and Rekha Jhunjhunwala, making it one of the most costly areas in India. The area features luxurious bungalows, upscale apartments, and heritage homes. Key landmarks include Raj Bhavan, the Hanging Gardens, and the ancient Banganga Tank. It offers excellent infrastructure with institutions like St. Elizabeth’s Hospital and The Cathedral School. Once a forest, it evolved into a prime residential zone in the 19th century. Today, it remains India’s most expensive address and a top posh area in Mumbai.
Quick Information About Malabar Hill
| Category | Details |
| Location | Malabar Hill, South Mumbai, Maharashtra, India |
| Average Property Price | ₹51,586 - ₹88,147 per sq ft |
| Rental Cost | ₹20,000 - ₹70,000 ₹65,000 - ₹1,25,000 ₹1,00,000 - ₹2,00,000+ ₹2,50,000 - ₹5,00,000+[5] |
| Connectivity | Sant Gadge Maharaj Chowk Metro Station (6.09 km), Mumbai Central Railway Station (3.5 km away) |
| Luxury Amenities | 5-Star Hotels: The Oberoi, Trident Hotel Restaurants: The Shalimar Hotel, Aayush Resort Shopping Malls: Designer outlets, luxury stores at Breach Candy Wellness and Spas: Jean Claude Biguine Salon & Spa |
| Cost of Living | Higher than average; 2BHK rent ranges from ₹80,000 to ₹2,50,000 |
| Real Estate Opportunities | Projects like Suparshva Terraces Forjett Hill and Kalpataru Azuro are under construction |
3. Worli, Mumbai

Worli, located in South Mumbai, is one of the most expensive areas in India. It is known for its sea-facing apartments and towering luxury high-rises. Bollywood celebrities and leading business magnates as local residents, it is one of the most sought-after addresses in the city. Iconic landmarks such as the Bandra-Worli Sea Link and Worli Fort are tourist attractions. The area offers strong infrastructure, including M.A. Podar Hospital and Podar ORT International School. Once a fishing village and part of Mumbai's original seven islands, Worli has evolved into one of the most posh areas in India.
Quick Information About Worli
| Category | Details |
| Location | Worli, South Mumbai, Maharashtra, India |
| Average Property Price | ₹25,408 - ₹1 Lakh per sq ft |
| Rental Cost | ₹25,000 - ₹50,000 ₹59,000 - ₹90,000 ₹70,000 - ₹1,50,000+ ₹2,00,000 - ₹4,50,000+ |
| Connectivity | Acharya Atre Chowk Metro Station (0.2 km), Mumbai Central Railway Station (3.6 km) |
| Luxury Amenities | 5-Star Hotels: St. Regis Mumbai, Four Seasons Hotel Restaurants: Slink & Bardot, The Table Shopping Malls: High Street Phoenix, Palladium Mall Wellness and Spas: Jean-Claude Biguine, Birla Niyaara |
| Cost of Living | Higher than average; 2BHK rent ranges from ₹1,50,000 to ₹2,50,000 |
| Real Estate Opportunities | Notable projects include Lodha Adrina, Birla Niyaara, and Raheja Imperia I. |
4. Golf Links, Delhi

Nestled in Central Delhi, Golf Links is one of India’s most expensive areas. Known for its serene environment and prime location, it is home to influential residents, including top diplomats, business magnates, and bureaucrats. The area features luxurious villas, spacious independent houses, and premium builder floors. The Delhi Golf Club, India Gate, and Lodhi Garden are key landmarks nearby. The Golf Links Clinic, the NDMC Dispensary, the Frank Anthony Public School, and the Sardar Patel Vidyalaya are nearby.
Quick Information About Golf Links
| Category | Details |
|---|---|
| Location | Golf Links, South Delhi, New Delhi, India |
| Average Property Price | ₹1 Lakh - ₹1 Lakh per sq ft |
| Rental Cost | 2BHK: ₹2,45,000 - ₹3,00,000 3BHK: ₹4,00,000 - ₹6,50,000+ |
| Connectivity | Khan Market Metro Station (2.2 km), Sewa Nagar Railway Station (3.0 km) |
| Luxury Amenities | 5-Star Hotels: The Lodhi, The Oberoi Restaurants: Big Chill Cafe, Mamagoto, Wok In The Clouds Shopping Malls: Khan Market and Lajpat Nagar Central Market |
| Cost of Living | Higher than average; 2BHK rent ranges from ₹₹2,45,000 - ₹3,00,000 |
| Real Estate Opportunities | High-end bungalows, luxury apartments, and commercial spaces; strong ROI potential |
5. Pali Hill, Mumbai

Pali Hill, Bandra, Mumbai, is a prestigious residential enclave known for its serene greenery and celebrity residents, such as Ranbir Kapoor and Aamir Khan. The area offers luxurious bungalows, modern high-rises, and charming heritage homes. Notable landmarks include Jogger’s Park, Carter Road Promenade, and Pali Village Café. It is well-supported by infrastructure like P.D. Hinduja Hospital, Beams Hospital, Bai Avabai Framji Petit Girls’ High School, and St. Anne’s High School. Once a forested zone, Pali Hill has become a cultural haven for Bollywood stars, artists, and business elites.
Quick Information About Pali Hill
| Category | Details |
| Location | Pali Hill, Bandra West, Mumbai, Maharashtra, India |
| Average Property Price | ₹61,111 per sq ft |
| Rental Cost | 1BHK: ₹75,000 - ₹1,10,000 2BHK: ₹95,000 - ₹1,50,000 3BHK: ₹3,00,000 - ₹6,50,000+ |
| Connectivity | Bandra Metro Station (3.5 km), Bandra Railway Station (2.5 km) |
| Luxury Amenities | 5-Star Hotels: Taj Lands End Restaurants: Big Chill Cafe, Mamagoto, Smoke House Deli Shopping Malls: Link Square Mall, HiLife Mall Wellness and Spas: Sky Luxury Spa |
| Cost of Living | Higher than average; 2BHK rent ranges from ₹95,000 - ₹1,50,000 |
| Real Estate Opportunities | Prestige Daffodils and Rustomjee Parishram are among the upcoming developments |
6. Jor Bagh, Delhi

Jor Bagh is one of the most post areas of Delhi known for its Mughal-era historical significance and affluent residents, including politicians and business tycoons. It features independent row houses and villas. The locality has historical landmarks like Safdarjung's Tomb, Lodhi Garden, and the vibrant Jor Bagh Market. The locality has reputed institutions like Palika Maternity Hospital, Moolchand Hospital, Mayo International School, The British School, and GD Goenka La Petite. With excellent metro connectivity and road access, Jor Bagh attracts diplomats, bureaucrats, and professionals.
Quick Information About Jor Bagh, Delhi
| Category | Details |
| Location | Jor Bagh, Central Delhi, near Sri Aurobindo Marg and Lodhi Road. |
| Average Property Price | ₹71,968 - ₹77,777 per sq. ft. |
| Rental Cost | 2BHK: ₹66,666 - ₹87,720 per sq. ft. 3BHK: ₹2.5 Lakh – ₹4.0 Lakh per month |
| Connectivity | Safdarjung Terminal (2.7 Km), Lodhi Colony Railway Station (0.8 Km), Jor Bagh Metro station (1.9 Km), and Indira Gandhi International Airport (14 km) offer connectivity. |
| Luxury Amenities | 5-Star Hotels: The Claridges, The Leela Palace, Taj Mahal Hotel Restaurants: Zaika Restaurant and Yummy Pizza Palace Shopping Malls: Nearby markets like INA Market and Khan Market Wellness and Spas: The Lodhi Spa, Amatrra Spa |
| Cost of Living | High, due to premium property prices and rental costs. Suitable for affluent residents seeking luxury and exclusivity |
| Real Estate Opportunities | There are upcoming projects in Jor Bagh, but nearby areas like Defence Colony have projects like Aman Homes. |
7. Cuffe Parade, Mumbai

Cuffe Parade, situated at the southern tip of Mumbai, is home to notable figures like Subhash Chandra and Nimesh Kampani. The area boasts premium high-rise apartments, luxury residences, and prominent commercial towers. The World Trade Centre, Colaba Woods, and Maker Towers are key landmarks. It offers excellent infrastructure with facilities like INHS Asvini Hospital and top schools such as B.D. Somani International and G.D. Somani Memorial. Developed on reclaimed land in the 1960s, Cuffe Parade attracts diplomats, business leaders, and high-profile professionals.
Quick Information About Cuffe Paradem
| Category | Details |
| Location | Cuffe Parade, South Mumbai, Maharashtra, India |
| Average Property Price | ₹70,000 - ₹90,000 |
| Rental Cost | 1RK: ₹75,000 - ₹1,00,000 2BHK: ₹1,80,000 - ₹2,75,000 3BHK: ₹3,00,000 - ₹5,00,000+ |
| Connectivity | Nearest Metro Station: Mumbai Metro Line 3 (Aqua Line) (1.5 km), Mumbai CST Railway Station (3 km) |
| Luxury Amenities | 5-Star Hotels: Taj Mahal Tower, President Mumbai Restaurants: Nearby options include Sizzling China and Maker Tower Cafes Shopping Malls: Phoenix Marketcity Wellness and Spas: Multiple luxury spas and wellness centers like Sukhdaa Wellness Colaba |
| Cost of Living | Higher than average due to its upscale nature; 2BHK rent ranges from ₹1,80,000 - ₹2,75,000 |
| Real Estate Opportunities | Projects like Sea Wind and Godrej Glenelg are noteworthy |
8. Tardeo, Mumbai

Tardeo, located in South Mumbai, is a prominent residential and commercial hub extending from Nana Chowk to Haji Ali Junction. Notable landmarks include the Imperial Towers, Tardeo Skywalk, and Crossroads Mall Mumbai’s first shopping mall. The locality is supported by robust infrastructure, including Bhatia Hospital, Apollo Spectra Hospitals, The Universal School, and Lady Engineer High School. With its central location and upscale amenities, Tardeo continues attracting business leaders, professionals, and affluent families seeking a premium lifestyle in the city's heart.
Quick Information About Tardeo
| Category | Details |
|---|---|
| Location | Tardeo, South Mumbai, Maharashtra, India |
| Average Property Price | ₹50,063per sq ft |
| Rental Cost | 1RK: ₹23,000 – ₹65,000 1BHK: ₹45,000 – ₹1,25,000 2BHK: ₹90,000 – ₹2,50,000+ 3BHK: ₹1.35 Lac - ₹5.5 Lac |
| Connectivity | Mahalaxmi Metro Station (3.0 km), Mumbai Central Railway Station (0.7 km) |
| Luxury Amenities | 5-Star Hotels: ITC Grand Central Restaurants: Tokyo Treat, Sardar Pav Bhaji Shopping Malls: Heera Panna Shopping Centre, Palladium Mall Wellness and Spas: Thalasso Luxury Spa |
| Cost of Living | Higher than average; 2BHK rent ranges from ₹90,000 – ₹2,50,000+ |
| Real Estate Opportunities | Projects such as Lodha Marq and MICL Aaradhya Avaan are under construction |
9. Defence Colony, Delhi

Defence Colony in South Delhi is a prestigious residential neighbourhood initially established for Indian Armed Forces veterans. Today, it is home to prominent political, entertainment, and business figures. The area features independent houses, builder floors, and upscale apartments. Notable landmarks include the historic Gumti of Shaikh Ali, the bustling Defence Colony Market, and the Vadehra Art Gallery with excellent infrastructure like Medanta Mediclinic, Aashlok Hospital, South Delhi Public School, and Lady Irwin School. Thus, it remains a preferred address for diplomats and professionals, making it one of the most expensive areas in India to live.
Quick Information About Defence Colony
| Category | Details |
|---|---|
| Location | Defence Colony, South Delhi, New Delhi, India |
| Average Property Price | ₹47,863*per sq ft |
| Rental Cost | 1RK: ₹25,000 - ₹52,000 1BHK: ₹52,000 - ₹60,000 2BHK: ₹1,50,000 - ₹2,50,000 3BHK: ₹1,70,000 - ₹3,00,000+ |
| Connectivity | Lajpat Nagar Metro Station (2.2 km), Sewa Nagar Railway Station (3.0 km) |
| Luxury Amenities | 5-Star Hotels: The Claridges, Le Meridien Restaurants: Lavonne Cafe, Bikanervala Shopping Malls: Lajpat Nagar and Greater Kailash markets Wellness and Spas: Rumaan Luxury Spa |
| Cost of Living | Higher than average due to its upscale nature; 2BHK rent ranges from ₹1,50,000 - ₹2,50,000 |
| Real Estate Opportunities | Aman Homes and RWA Defence Colony Block A are notable projects |
10. Banjara Hills, Hyderabad

Banjara Hills, located in Central Hyderabad, is among the top posh areas in Hyderabad. It is renowned for its affluent residents, including top industrialists, celebrities, and politicians. The area offers luxury villas, premium high-rise apartments, and prominent commercial establishments. Key landmarks include GVK One Mall, Jalagam Vengal Rao Park, and the iconic Taj Krishna Hotel. Banjara Hills is well-supported by modern infrastructure, including Care Hospitals, Virinchi People’s Hospital, Meridian School, and Kalpa School. Once a forested hilly area and hunting ground for the Nizam dynasty, it has evolved into a premium urban hub attracting high-net-worth individuals and professionals.
Quick Information About Banjara Hills
| Category | Details |
|---|---|
| Location | Banjara Hills, Hyderabad, Telangana, India |
| Average Property Price | Rs. 9,650per sq ft |
| Rental Cost | 1RK: ₹8,500 - ₹25,000 1BHK: ₹11,000 - ₹17,000 2BHK: ₹15,000 - ₹30,000 3BHK: ₹20,000 - ₹50,000 |
| Connectivity | Punjagutta Metro Station (3.9 km), Hyderabad Deccan Railway Station (5.3 km) |
| Luxury Amenities | 5-Star Hotels: Taj Krishna, Park Hyatt Restaurants: Exotica, Terrassen Cafe Shopping Malls: GVK One Mall, City Center Mall Wellness and Spas: O2 Spa |
| Cost of Living | Higher than average due to its prime location; 2BHK rent ranges from ₹20,000 - ₹50,000 per month |
| Real Estate Opportunities | Projects like Kesineni Ryse and Dream Valencia are under development |
Most Expensive Area In India. But Why?
Some neighbourhoods come with a hefty price tag and are not just about luxury. Several factors can affect property prices in an area. Here's a breakdown of the factors driving up prices in India's most expensive regions.
- Demand vs. Supply: The scarce availability of properties in these exclusive areas and consistently high demand drive prices upward. Limited supply creates buyer competition, resulting in significantly elevated real estate values.
- Connectivity and Infrastructure: Exceptional transport facilities, modern infrastructure, and seamless connectivity add to the desirability, drawing affluent buyers willing to pay a premium for convenience and access.
- Proximity to Business Hubs & Celebrities: Being close to prominent business centres reduces commuting time, and living in celebrity neighbourhoods enhances status. These factors make the areas prestigious, exclusive, and attractive, elevating demand and property prices.
- Ultraluxury Amenities: These areas offer state-of-the-art amenities like private gyms, high-end security, landscaped gardens, and exclusive clubhouses.
Celebrities and Billionaires Owning Homes Here
India’s most exclusive neighbourhoods attract business leaders, Bollywood stars, and global billionaires who influence the country’s luxury real estate market. Their homes set the standard for prestige, privacy, and impressive architecture.
Notable Residents and Properties
- Mukesh Ambani owns Antilia on Altamount Road in Mumbai, which is one of the world’s most expensive private homes [6]
- Radhakishan Damani owns a mansion near Antilia, which is one of the largest private residences in South Mumbai [7]
- Nadir Godrej lives in Malabar Hill, one of Mumbai’s oldest and wealthiest areas.
- Aamir Khan and Ranbir Kapoor own homes in Pali Hill, Bandra, a neighbourhood known for its greenery and film history [8]
- Rekha Jhunjhunwala lives in Malabar Hill, helping to continue the area’s reputation as a home for business leaders and film stars.
Price Trends and Market Insights (2025)
| Location | Average Property Price (2025) | Annual Growth / Trend | Rental Yield | Market Insights |
| Altamount Road, Mumbai | ₹90,000 – ₹1,40,000 per sq. ft. | Stable with high luxury demand | 2.5% – 3% per annum | Among India’s most expensive addresses, driven by exclusivity, limited availability, and billionaire homeownership. |
| Malabar Hill, Mumbai [9] | ₹85,000 – ₹1,80,000 per sq. ft. | 8% – 10% annual increase | 2% – 3% per annum | Demand remains strong due to sea-facing redevelopment and proximity to South Mumbai landmarks. |
| Worli, Mumbai [10] | ₹70,000 – ₹1,20,000 per sq. ft. | Moderate upward trend | 3% – 4% per annum | Premium projects like Birla Niyaara and Lodha Adrina lead resale activity, reflecting steady capital appreciation. |
| Golf Links, Delhi [11] | ₹1,00,000 – ₹1,50,000 per sq. ft. | Stable long-term growth | 2% – 3% per annum | Limited new supply and heritage architecture ensure sustained demand among high-net-worth buyers. |
| Banjara Hills, Hyderabad [12] | ₹25,000 – ₹50,000 per sq. ft. | Nearly a 12% rise in 2025 | 4% – 5% per annum | Infrastructure upgrades and premium commercial developments have strengthened its luxury housing market. |
How NoBroker Can Help with Real Estate Services?
Prestigious locations such as Altamount Road in Mumbai, Golf Links in Delhi, and Banjara Hills in Hyderabad continue to attract business leaders, celebrities, and global investors seeking comfort and long-term value. While these areas add exclusivity, the acquisition process comes with opaque, time-consuming deals. Hence, NoBroker makes the process effortless and transparent. The platform offers verified listings, expert guidance, and legal support while eliminating brokerage fees. Whether you plan to buy, sell, or rent a property, NoBroker ensures a seamless experience so you can invest confidently and find your perfect luxury home in India’s most selective locations.
Frequently Asked Questions
Ans: Investing in premium locations can be lucrative in the long term due to constant demand, appreciation in value, and prestige. However, it requires significant capital and is better suited for wealthy investors or end users.
Ans: Malabar Hill's value comes from its prime location, panoramic sea views, proximity to South Mumbai, and its home to top industrialists, politicians, and Bollywood celebrities. It’s also one of the safest and greenest parts of the city.
Ans: These areas are known for their world-class amenities, the best views in the city, elite residents, and marvellous infrastructure, which is why the property rates are higher.
Ans: No, these areas are primarily occupied by ultrahigh-net-worth individuals. Property prices can range from ₹40,000 to over ₹1 lakh per sq. ft., making them inaccessible for most middle-income buyers or investors.
Ans: These localities offer top-tier infrastructure, excellent road connectivity, green spaces, premium schools, healthcare, and exclusive clubs, all contributing to their high property value and desirability.
Ans: Property prices in Mumbai’s luxury areas like Altamount Road and Malabar Hill are generally higher per square foot than Delhi’s posh colonies such as Golf Links and Jor Bagh.
Ans: The top five richest neighbourhoods in India in 2025 are Altamount Road, Malabar Hill, Golf Links, Boat Club Road, and Banjara Hills, known for luxury homes, exclusivity, and ultra-premium amenities.
Ans: No, luxury areas are expanding beyond metro cities. Tier 2 cities like Pune, Ahmedabad, and Chandigarh are seeing premium projects that match the luxury standards of India’s top metropolitan neighbourhoods.
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