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Malabar Hill
Malabar Hill, a hillock in southern Mumbai, India is an upmarket VVIP residential area which has the Government Guest House Sahaydri, the Chief Minister of Maharashtra's Bungalow, official residences of VIP state officials, famous Hanging Gardens, Jain Temple & Banganga Tank. Situated at a height of 50 metres (160 ft), it is the highest point in South Mumbai offering a beautiful scenic view of the Queens Necklace. The Malabar Hill district is notably the most exclusive residential area in Mumbai,[2] and home to several business tycoons and film personalities. Iconic buildings like Anita, Grand Paradi, Blue Haven, Darshan, Sundatta Apartments, Ill Pallazio, Mayfair Gardens, Alankar, Benhur are known to be the most sought after private house pads for business czars and Bollywood with prices of apartments as high as Rs.1,35,000 per sq ft. (US$25000/m2), making it one of the most expensive neighborhoods to stay in the world. In September 2013 Malabar Hill had one of the most expensive residential real estate deal of the country where a duplex apartment on Mount Pleasant Road was sold for 57 crores INR at a rate of 1.35 lacs/sq. ft.
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