5 of India's most expensive residential streets

New Delhi, Dec 28: Some of these locations are being considered as super-prime property markets where the country's ultra-wealthy people reside. These streets are home to the fortunate few who can afford to live in Britain's most expensive street. Certainly, it costs a fortune to live in these high profile streets, but it comes with its own pleasures and surprises. Let's take a look at top five of India's richest localities based on the net worth of the billionaires living on them.Altamount RoadMumbaiTwo of India's richest industrialists – Reliance Industries chairman Mukesh Ambani and Kumar Mangalam Birla, Chairman of the Aditya Birla Group – live on Altamount Road in South Mumbai. It is also home to several old business families including the Mafatlals, the Khandelwals and the Tatas. Altamount Road is parallel to Peddar Road which it meets at the well-known intersection called Kemp's Corner. It is also home to scores of Bollywood stars.The residential street has always been popular address among India's ultra-rich and was 'catapulted into the ranks of the world's most expensive when Mukesh Ambani unveiled plans last year to build a residential apartment block on the street at a cost of around $1 billion.' Real Estate rates in the area are pegged Rs 60,000 per square feet. Residents say what makes this street so special is not view and the location, but the gentry. "No where else in Mumbai would you find so much greenery, where you can just look out of your window at a Koyal singing on a Gulmohar tree,” said a resident.The star attraction of the road is of course, Mukesh Ambani's 27-storey billion dollar home Antilla. The property - which has three helipads, six floors of parking and a series of floating, as well as a theatre and ballroom. Mukesh Ambani's wife Nita Ambani describes their 27-storey Mumbai house Antilia as a "modern home with an Indian heart" and the "only home we have in the world."If one were to argue that his residence is actually on Cuffe Parade, then Altamount Road would drop to seventh place, with Kumar Mangalam Birla being the lone billionaire on it with a net worth of $7.7 billion (approx Rs 38,500 crore). The Mukesh effect, combining with the wealth of younger brother Anil and Subhash Chandra of Zee would then propel Cuffe Parade to second place, with a combined net worth of about $31 billion (approx Rs 1.55 lakh crore).Aurangzeb RoadDelhiAurangzeb Road in Lutyen's Delhi, is one of the most posh residential locations in Delhi. A precious stone's throw from the Prime Minister's residence on Race Course Road, the location that exudes old world charm. It's also India's wealthiest street, based on the net worth of the billionaires living on them. Steel baron L N Mittal (whenever he is in Delhi), K P Singh of DLF and the Jindals reside here. The street is also home to Malvinder and Shivinder Singh of Religare, Analjit Singh of Max India group, Malvinder and Shivinder Singh of Religare, Pepsi bottler Ravi Jaipuria and Atul Punj of Punj Lloyd. The properties here command a mind-boggling price of about Rs 1.40 lakh per sq ft.Amrita Shergill MargDelhi Delhi's Amrita Shergill Marg is a dream street where living is the pinnacle of upper crust existence. Broad avenues, tree-lined streets, and elegant bungalows, and the quiet neighbourhood make it like a fairy tale. Each bungalow here is a little castle; secured by guard cabins, hedges and boundary walls. A peek into any one of them will offer you a glimpse of landscaped gardens, luxury cars, private libraries and MF Husains on drawing room walls.The street is home to Bharti's Sunil Mittal and the Hindujas – who net combined worth exceeds $18 billion (approx Rs 90,000 crore). It is close to Lodi Gardens, where many of India's richest and most powerful can be found strolling through the beautiful locales. Here the properties command a whooping Rs 96,000 per sq ft.Malabar HillMumbaiThe street is among the Mumbai's most expensive areas and Malabar Hill's elevation provides it a commanding view along the entire stretch of Marine Drive, all the way to Nariman Point. Developed at the turn of the last century, the hilltop area is home to much of Mumbai's old wealth, corporate bigwigs, business people and elite professionals. The Ruias of Essar group, Shapoorji Pallonji Mistry, single largest shareholder in Tata Group, Adi Godrej and Venugopal Dhoot reside on Malabar Hill.The area is also famous for its Walkeshwar Temple, and Banganga Tank, attached to the temple, Mumbai's oldest surviving structure. Malabar hill has three best parks that Mumbai boasts of – Hanging Gardens, Kamala Nehru Park and Priyadarshini Park.Nepean Sea Road is an upmarket neighbourhood near Malabar Hill in South Mumbai. The area is named after Sir Evan Nepean, 1st Baronet, a British politician and administrator, and the Governor of Bombay (1812–1819).The street has a combined net worth of about $30 billion.Surjapur and Koramangla BangaloreThe residence of Azim Premji that comes within the Wipro Campus on Surjapur road is one of the most expensive areas in Bangalore. It has a net worth of about $13 billion (Rs 65,000 crore), on the basis of his personal wealth alone, though Jayanagar boasts of more billionaires in N R Narayana Murthy (Rs 8,250 crore) and G M Rao (Rs 8,000cr). On the other hand, Koramangala, is one of the up-market residential area and the residing place for high net worth individuals like S. Gopalakrishna (Rs 7,100 crore) and Nandan Nilekani (Rs 7,000 crore).