India's Most Expensive Residential Localities

Boat club area, Chennai

The Boat Club area in Alwarpet is one of the most expensive areas in Chennai. The area is the home to many VIP residents and an up-market residential area. High net worth individuals like Kalanithi Maran and the Murugappa family have added to property price hike of this area. Combining their total assets which is around 17500 crore, has pushed residential property price at 20000 per square feet for apartments.

Alipore, Kolkata

The list then moves to Alipore area in Kolkata, which is one of the expensive and exclusive localities. Alipore is one of the most sought after area in the city of Kolkata. It is the home to many elite personalities and the property worth around 10, 000 crore; has pushed the property price at 19000 per square feet for apartments.