Gurgaon’s luxury vs. NYC’s skyline: What $3 million gets you in the global real estate scene
real estate prices between India and the United States. Ahluwalia shared a side-by-side comparison, asking followers, “Which $3M apartment would you prefer?” This question sparked considerable debate about the perceived overpricing of real estate in India, leading many to question the market dynamics.
In Gurgaon, an investment of approximately ₹26.8 crore (around $3 million) can secure a 4BHK or 5BHK apartment in a prestigious residential society. Listings from 99 Acres show that this amount affords a property exceeding 5,000 square feet, equipped with amenities like a swimming pool, covered parking, a gym, a spa, and access to green spaces. While this offers a luxurious lifestyle, it is strikingly different from what the same sum can purchase in New York.
In the United States, a Zillow listing reveals that for $2.85 million (about ₹23.9 crore), buyers can acquire an impressive 6-room penthouse overlooking the iconic New York skyline. This penthouse features a massive 52-foot-long great room with 14-foot ceilings and provides stunning views of the East River and the Manhattan skyline.
It includes a master bedroom with serene views, a private guest suite with a walk-in closet, a media room with a full bar, a professional laundry room, and access to a double rooftop terrace with 360-degree views of the city. The total area of this luxurious space is approximately 4,500 square feet.
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, IT Specialist and
