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India’s national capital has always been a center of attraction for industrialists, investors, politicians, film personalities, and celebrities. According to the Hurun India Rich List 2024, at least 57 billionaires have residences in Delhi, making it the second richest city in India, after Mumbai. With rising wealth, certain areas in Delhi have seen an unprecedented surge in property prices, particularly in the luxury segment. Today, we will highlight seven such locations in Delhi that are considered some of the most expensive places to live in the city.
Prithviraj Road
Prithviraj Road is home to industrialists and politicians and is located in close proximity to Lutyens’ Delhi and historic sites like the Safdarjung Tomb. The road is lined with the sprawling greenery of a golf course. Property prices in this area are in the multi-crore range.
Jor Bagh
Jor Bagh is another prime location, home to affluent individuals. Located close to historic sites like Humayun’s Tomb and Safdarjung Tomb, this upscale area is inhabited by politicians and business tycoons. The lush Lodhi Gardens, one of the greenest spaces in Delhi, and Khan Market, a hub for commercial activities, are both easily accessible from the location.
Defence Colony
Defence Colony, located in South Delhi, is a preferred choice for the elite. The area is in close proximity to premier medical institutions such as AIIMS and Safdarjung Hospital. Additionally, the locality boasts some of the top restaurants, making it a popular spot for dining out.
Model Town
Delhi’s Model Town, located in the northern part of the capital, is considered one of the prime locations in the city. Developed by the DLF Group, Model Town is a preferred destination for celebrities, government officials, and business people.
New Friends Colony
New Friends Colony is a prominent locality that has long been a top choice for celebrities, businessmen, and affluent individuals. The area features wide roads and excellent connectivity to other parts of the city. It is known for its modern houses, bungalows, and upscale apartments, making it a sought-after address in Delhi.
Panchsheel Park
Panchsheel Park is located in the southern part of the national capital which has the greenery of Hauz Khas forest and Hauz Khas District Park in the vicinity. People have made homes by choosing options of spacious apartments, bungalows and independent floors.
Nizamuddin West
Nizamuddin West, located south of India Gate, is known for its serene environment and is home to affluent individuals. Politicians and businessmen have chosen this location for years, not only because of its prime setting but also due to the abundance of greenery that makes it a highly livable area.
