The Wealth Bulletin (a Dow Jones site) has come up with a list of the 10 most expensive streets in the world. The survey revealed that the prices for the top homes in the best locations appear to have decoupled from the gloom and doom being felt in the wider property market.
If you want to live in the best accommodation in these streets you will need to be a billionaire, or not far behind !
Avenue Princess Grace in Monaco has been named at the top with a price tag of $190,000 per square metre. It is followed by Hong Kong’s Severn Road with a price of $121,000 per square metre (sq mt) at second and New York City’s Fifth Avenue at third place ($80,000 per sq mt).
Here is the complete list, with some sample property prices as tallied by Wealth Bulletin:
The world’s most expensive tie was created by designer Satya Paul for the Suashish Diamond group and displayed by Salman Khan at the 2004 Mumbai fashion show “Cultural Ties”
The expensive tie is studded with 261 diamonds of 77 carat each. It is also studded with 150 grams of gold. Made of pure silk, the tie is estimated to cost a whopping Rs 1 crore (over $220,000).
In addition to arguably being the most expensive private home in the world ($1 Billion to build), it will also be the tallest–measuring in at 42 stories.
Residence Antilla, though, will only have 27 stories, due to Ambani’s desire for taller ceilings.
Mukesh Ambani is reported to be the 14th richest man in the world, with estimated personal wealth of around $21 billion. He is also one of the more visible men of wealth in India.
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Yachting on 4th March 2008 |
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The rich and famous of Mumbai have discovered a new hobby, and the success of the second International Boat Show goes to show that this port city’s marina front will soon be undergoing a transformation.
The three-day event was held in a closed hall as well as the marina front where many international players showed off their exclusive range.
Important names in the Exhibitor list included Ferretti, Gulfcraft, Azimut, Princess Yachts and Bayliner. Brokers, charters, marina planners, water inflatable and kayaks were all there.
The Wealth Bulletin (a Dow Jones site) has come up with a list of the 10 most expensive streets in the world. The survey revealed that the prices for the top homes in the best locations appear to have decoupled from the gloom and doom being felt in the wider property market.
