Saturday, April 14, 2012

India's richest street

Aurangzeb road
This is India’s richest street — worth a staggering £30BILLION.

New Delhi’s Aurangzeb Road is home to at least SEVEN billionaires — including a house owned by Britain’s richest man, steel baron Lakshmi Mittal.

Neem tree alongside of Aurangzeb road
Properties on the exclusive stretch command a staggering price tag of more than £17,000 per square foot — 14 times the average price in Kensington, Britain’s richest area.

And local estate agents say the cheapest pad in the leafy neighbourhood would set you back around £12million.

Other residents include developer Kushal Pal Singh — worth an estimated £4.6bn — and £400m healthcare entrepreneur Analjit Singh.

The flocking together of so many billionaires pushes Aurangzeb Road ahead of Mumbai’s Altamount Road, which has a combined wealth of a mere £20bn.

Funny when you think Britain gives India nearly £300m in aid each year...

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