Your postal address is your identity, it tells your status and people notice you and look up to you if you have a posh postal address. The wide tree-lined roads of Lutyens Delhi, Altamount Road and Malabar Hill in Mumbai, Alipore in south Kolkata are some of the posh locales of India where the rich and famous live. These places or addresses are the dream destination of many, a place where people desire and yearn to live.
The prices of properties here are sky high beyond the pockets and imagination of the middle class man. India’s costliest residential address is not Mumbai, which is the financial hub of the country, but the boulevard encased central Delhi. Historically these localities have housed the who’s who of the city. According to a recent assessment by JLL these localities offer the lifestyle, status and pin code value that HNI’s want to be associated with.
Delhi- Lutyens Delhi, which includes Aurangzeb Road, Shah Jahan Road, Mansingh Road, Prithviraj Road, and the nearby localities of Jor Bagh, Golf Links, Chanakyapuri and Sunder Nagar are the locations preferred by the rich and powerful. These locations have a snob value and owning a home here means announcing to the world that you have arrived in India’s power circle. Greater Kailash is another posh area in Delhi; there are two parts GK-1 and GK-2. [Read more…]