Which is the most expensive city in India?

I think the current internet blogger's fascination with city rankings reveals one unexpected reality. And it is for this reason that India's economy is booming. As a result of this growth, residents in the middle and upper classes now have access to record levels of wealth and power in their communities. India already has a big number of billionaires who drive standard automobiles. I will explain about the most expensive city in India.

Most expensive city in India:

According to the "Cost of Living Survey 2015" by global HR firm Mercer, Mumbai is the most expensive city in India and the 74th most expensive city in the world. Luanda, the capital of Angola, is the world's most expensive city to live in, followed by Hong Kong and Zurich. The top three Indian cities are New Delhi (132nd) and Chennai (157th).

Which is the most expensive city in India?

1) Delhi

Delhi is number one with a gross domestic product of Rs.157,817 crores. Delhi, India's capital, is the country's largest metropolitan area and commercial centre. Delhi is a key centre for telecommunications, building, electricity, health, and real estate. In addition, Delhi is home to India's largest retail sector.

Jor Bagh is the most expensive locality in Delhi. According to the Delhi NCR Insite Report, the average capital value of homes in Jor Bagh is Rs 47,800 per sq ft.

2) Mumbai

Mumbai is India's most populous metropolis and Maharashtra's capital. It is also the wealthiest city in the world, with the largest gross domestic product. For expatriates, it is the second most costly city. Real estate values in the city have risen dramatically since 2000. In terms of office space, it is also the sixth most costly city. Mumbai is home to India's major broadcasting and publishing companies. It's also the home of Bollywood, the Hindi film industry.

Tardeo is the most expensive residential neighbourhood in Mumbai, with one square foot costing Rs 56,000 to buy a flat.

3) Bangalore

Bangalore is Karnataka's capital and India's third most costly city. It is referred to as an information technology centre. Because of its gorgeous gardens and parks, Bangalore is also known as the Garden City. This is one of the most expensive places to live in India with a 52,346 crore economy.

Sadashiv Nagar is the most expensive locality in Bangalore to live in. You will find a flat to buy here at an approximate price of Rs.16000 per sq ft.

4) Chennai

Chennai is the capital of Tamil Nadu and India's fourth most populated and most expensive metropolis. It is also a prominent hub in the fields of information technology, computers, automobiles, and medicine. Business process outsourcing (BPO) services are a major industry in the city. 

Boat Club is the most expensive residential area to live in, the flats here range from Rs.40000 to Rs.50000 sq ft if you are planning to buy one.

This is all you need to know about the most expensive city in India.