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Five Most Expensive Cities to Buy Property in India

Steffy Alen 6 years ago 3 min read

India is a populous country and the seventh-largest country by area. It is known for many aspects, including food, culture, language, natural landscapes.

India is also famous worldwide due to its colorful, amazing festivals and diverse culture. According to statistics, India is characterized among the top 10 wealthiest countries in the world.

Real estate in India is very expensive because easy bank credit is available to buyers for buying houses. The real estate sector has seen high growth in recent years, and there has been a great rise in demand for residential and commercial places.

If you want to buy luxurious property in the best cities of India, here is a list of the five most expensive cities to buy property in India.

Table of Contents

Mumbai

Mumbai is the business and entertainment capital of India. It is known as the home to the Indian film industry. Mumbai is one of the most expensive cities in India. It is also listed among the top ten commercial centers across the world. India provides high employment opportunities to people, and the glamor of this city entices people to live here.

Average property price is reached up to Rs. 8,000/Sq per Ft. The price can increase depending upon the area or colony you buy the property. On average, you can buy luxurious property at an average price of 20,000,000 INR.

Delhi

Delhi is the capital and among the most expensive cities in terms of real estate in India. You can buy groceries and other items at lower rates, but the property is very expensive in Delhi. Many big companies from all industries have their headquarters in India.

The nightlife in Delhi city is amazing. Delhi Transpiration Corporation connects Delhi to other areas of the national capital region. The property prices are different in different Delhi areas, but the average property price is Rs. 6,700/ Sq per Ft. You can buy exclusive property at an average price of 13,000,000 INR.

Bangalore

Bangalore is also categorized among the most expensive real estate in India. This city is also called as Silicon Valley of India. Many leading real estate developers are launching their projects and businesses in this city. The International airport of Bangalore is the 4rth busiest airport in the country.

People are shifting their cities in the hope of accomplishing some top-notch business here. The average property price in Bangalore is Rs. 5,000/ Sq per Ft. You can buy exclusive property at an average price of 5,500,000 INR.

Pune

Pune is a developing IT center and the second-largest city in Maharashtra. Pune is becoming the perfect place for many Indian It companies. The city is growing rapidly in terms of industries. You can get a very high quality and luxurious lifestyle in Pune.

Real estate is also growing in Pune. The average property price in Pune is Rs. 4,900/ Sq per Ft. You can buy a property at an average price of 4,000,000 INR.

Hyderabad

Hyderabad is a popular and densely populated city. Hyderabad International airport is ranked among the best airports around the globe. Many top college campuses are located in this city, and major IT companies settle up in this city.

The average property price in Bangalore is Rs. 4,200/ Sq per Ft. You can buy exclusive property at an average price of 3,800,000 INR.