India's Costliest Residential Localities Where the Rich Reside

India's Costliest Residential Localities Where the Rich Reside

By siliconindia   |   Thursday, June 26, 2014

BANGALORE: Have you had a dream of living in a house surrounded with costly bungalows, or living in an area where VIPs live!  Some of Indian localities are incredibly expensive, and buying a residential property in such localities only remains a dream for many.  Ever wondered what makes these properties in such localities so expensive? It is not only the cost of property that makes it expensive but also the people living in the area.

Lutyens’ Delhi: Delhi is the capital of India and undoubtedly is the place for important buildings of India including the Prime Minister of India’s office, Viceroy’s House, Rashtrapati Bhavan, Parliament House and secretariats buildings.

Lutyens’ Bungalow Zone spreads over an area of 2,800 hectare have the official buildings as well as the residents of several noted Indian billionaires. It is consist of more than 1000 bungalows in the area.

Aurangzeb road:

Delhi, the capital city of India is the home for many billionaires. And, Aurangzeb Road is home to VVIPs of India. It is named after the Mughal emperor of India Abul Muzaffar Muhy-ud-Din Muhammadr Aurangzeb. It is one of the prominent roads in Lutyen’s Delhi, which is in close vicinity to race course road near to Prime Minister’s residence. It includes Mansingh Road, Shahjahan Road, Humayun Road, Prithviraj Road and Khan Market in northeast and Kamal Ataturk Road, Safdarjung Road joint in south west.

The property at Aurangzeb Road is worth rs500 crore per acre. Some of the residents of Aurangzeb Road are K.P. Singh, Analjit Singh and Naveen Jindal.

 

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