10 Most expensive Streets in the world - Altamount Road also figures in it

Even as the real-estate bust reaches into Richistan, a handful of the world’s toniest streets seem immune.

The Wealth Bulletin (a Dow Jones site) has come up with a list of the 10 most expensive streets in the world. Granted, this is an inexact science, but the list includes some jaw-dropping price-per-square-foot numbers for some of the richest blocks on earth.

Topping the list is Monaco’s Avenue Princess Grace, the palm-lined street named after Grace Kelly that overlooks the water. Forget buying a house there — just getting a beer at Jimmy’s Bar on the Avenue will set you back more than $100. But living on the avenue gets you a chance to rub elbows with Russian oligarchs, Middle Eastern oil sheikhs and the occasional Monaco royal.

India's Altamount Road, home to Mukesh Ambani's $2 billion home also figures on the list

Here is the complete list, with some sample property prices as tallied by Wealth Bulletin:

1. Avenue Princess Grace, Monaco — $17,750 per square foot.

2. Severn Road, Hong Kong — $11,200 per square foot.

3. Fifth Avenue, New York City — $7,500 per square foot.

4. Kensington Palace Gardens, London — $7,196 per square foot.

5. Avenue Montaigne, Paris — $5,046 per square foot.

6. Ostozhenka, Moscow — $3,738 per square foot

7. Via Suvretta, St. Moritz — $3,551 per square foot

8. Carolwood Drive, Beverly Hills — $2,803 per square foot

9. Wolseley Road, Sydney — $2,616 per square foot.

10. Altamount Road, Mumbai — $2,336 per square foot.

I will cover these streets in more detail in future posts.