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Expensive cities in india to live in

The Most Expensive cities in India

Shifting the family to a new place or even shifting your necessities to a new locality that one may rent out for reasons like a job change is always very hard, regardless of how many times they might have done it. If such a new city or locality is expensive, it becomes extra hard because of the competition for residential spaces in general which is prevalent there. This is why we have curated a list of the most expensive cities in India when it comes to searching real estate in the country. While knowing them will not make a transfer of residence any easier, one might be able to overcome the competition with the least effort.

When talking about the most expensive cities, we try to list out the localities where residential prices are the highest, as such places are associated with the most comfort. We also see if the place is close to amenities like transportation, and the atmosphere for life there is comfortable. We acquire such information by our network of agents and years of experience. We try to benefit populations of both high and low-net worth families and individuals. Note that the prices can change at the moment you may be searching for real estate, and to get the best deals you should always work with a real estate agency.

The most expensive cities in India: list

Following is a list of the most expensive cities in India

• Mumbai

Mumbai, the capital city of Maharashtra, is one of the most expensive cities in India. It is known for its cosmopolitan culture, financial institutions, and the entertainment industry. The city is home to the Bombay Stock Exchange, a prominent hub for trade and commerce. The high cost of living in Mumbai is due to the high demand for housing, especially in the central areas, and the high cost of transportation, which is mostly done by local trains. Housing in exclusive residential localities in Mumbai like Tardeo, Worli and Mahalaxmi can cost upwards of ₹40,000 per sq ft.

• Delhi

The capital city of India, Delhi is one of the most expensive cities in India. It is a major center for politics, culture, and business, and has historical monuments and landmarks, such as the Red Fort and the India Gate. The cost of living in Delhi is high due to the high demand for housing and costs associated with transportation. However, it is one of those places where costs have been stabilizing due to oversaturation of people. Still looking for residential places in locations like Karol Bagh, Greater Kailash and Okhla cost a lot.

• Chennai

Chennai is the capital of Tamil Nadu and is known for its cultural and economic significance. It is a major center for automobile manufacturing and information technology, and is therefore counted in among thehigh cost of living areas. The city is also home to several educational institutions and has lots of industries. The high cost of living is due to the growth of the country in recent years. Localities most expensive in Chennai include Anna nagar, Egmore and others such as those near the cybercity tech park in chennai.

• Kolkata

The capital city of West Bengal, Kolkata has been a major port, center for trade and commerce since the ancient eras and is now home to several financial institutions in the country. The high cost of living in Kolkata is due to the high demand for housing, especially in the central areas. Second only to Mumbai in the number of tall buildings it has, residences in localities like Ballygunge and Alipore can be difficult to get into due to the cost.

• Ahmedabad

Ahmedabad is the most populous city in Gujarat, and is the 5th most populous in the country. It is known for its textile industry and is a hub for finance and education, and also houses the high court of the state. It rapidly grew to be the city it is today, and the residential pricing is still rising in some places inside the city. Localities like Thaltej, central ahmedabad and Prahlad nagar are some of the costliest in the city.

• Pune

Pune’s proximity to Mumbai, the costliest place in India to live is one of the many reasons why it has grown to enter this list. The city is second only to Bangalore in the number of software companies it hosts, although many other industries are also present. It has one of the largest metropolitan areas in the country, and has lots of educational institutes as well. Kalyani nagar, sopan baug and other areas in the city are expensive to live in.

• Surat

Surat, the capital of Gujarat state is another one of those high cost of living areas in the country, and this is due to the fact that it has a well established diamond and textile industries. It is also one of the fastest growing cities in the country and even competes with other cities across the world in this regard. It is also well planned as a city. Localities such as Piplod and areas around the textile market ring road are known to be the most expensive in surat.

• Bengaluru

Famously known as the IT capital of India, bengaluru or bangalore attracts software professionals around the country, and is one of the most expensive cities in India. It also has other industries like textiles and heavy machinery manufacturing. It also has space and defense projects set up by the Indian government and thus has a lot of competition in the residential space. Indiranagar, Rajajinagar and Electronic city are among the many expensive localities in Bangalore.

• Hyderabad

Previously the capital of Andhra pradesh and now the capital of the new state of Telangana, Hyderabad has grown at a rapid pace in recent years. It is known for a lot of industries, particularly in the pharmaceutical and the IT space. This has caused a lot of inflow of people into the city, and therefore the competition for residential space has become high. Hitech city and madhapur are some of the few highly expensive localities in hyderabad.

• Visakhapatnam

Visakhapatnam is the most populous city in Andhra pradesh, and since historic times has been a major port and trade center of the country. It has made it to the list of expensive cities in Indiabecause of its rapid growth in size and the number of industries in it. Like the rest of the state, it contributes to the IT and the pharmaceutical sector in the country. Madhurawada, MVP colony and Sujathanagar are the posh but expensive places in the city.

Conclusion

So as you can see, there are lots of cities in India where buying real estate and the cost of living has become expensive in recent years. However, these exact same cities also tend to have the highest growth rate and opportunities for people to work in the top companies. This is why it becomes difficult to get good residential spaces in one of these cities. However, if one works with a good real estate agency, they can get good homes for rent or otherwise in any of these high cost of living areas. Real estates Worldwide brings you articles on such lists so that one can prepare appropriately if they are searching for residential spaces.