World's 10 most expensive residential areas Last updated on: November 27, 2013

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Avenue Montaigne
City: Paris
Country: France
Rank: 10

Average price per square metre: $26,000 (apprx Rs 16 lakh)
Price change year on year: -3 per cent
Neighbours: Canadian Embassy, Marlene Dietrich (before her death in 1992)
Avenue Montaigne is an exclusive residential neighbourhood for France’s wealthy and famous.
Located in the 8th arrondissement in the Champs Elysees quarter, this 350-year-old avenue is steeped in cultural history.
The street is also home to upscale hotelPlaza Athenee.