By HT Real Estate News
Published Mar 08, 2025

Hindustan Times

Photo Credit: Unsplash

How much residential space can $1 million buy in global and Indian cities?

Monaco: $1 million buys just 204 sq ft, making it the world’s most expensive real estate market (Knight Frank Wealth Report 2025).

Hong Kong: $1 million secures approximately 236 sq ft, driven by limited land supply and high investor demand.

Singapore: $1 million purchases around 344 sq ft of residential space.

London: $1 million buys 247 sq ft, driven by high demand and limited housing supply.

New York: $1 million can secure 355 sq ft in New York, especially in prime areas like Manhattan.

Mumbai: $1 million can buy 1,065 sq ft, with premium areas like South Mumbai, Bandra, and Lower Parel costing more.

Delhi: For $1 million, you can buy 2,238 sq ft, but prices vary across premium and emerging areas.

Bengaluru: $1 million buys 3,982 sq ft, with larger spaces available in emerging areas like Sarjapur Road and Electronic City.