Falaknuma Palace has a GRAND PRESIDENTIAL SUITE rent of which is RS.5 lakh per day | GRAND PRESIDENTIAL SUITE in Falaknuma Palace is the most expensive suite in India
Falaknuma palace is inviting rich people who can afford Rs.5 lakh to spend a day. The official residence of 6th Nizam has now been converted into a luxurious hotel. This hotel is going to be inaugurated ion 13th November, 2010. Minimum rent for each suite in this palace is RS.34,500. Tariff for the most luxurious ‘Grand Presidential Suite’ is Rs.5 lakhs. This resembles the queens abode in the Falaknuma palace. This may be the most expensive suit in India. The rent of a suit in Taj Mahan Palace in Mumbai is Rs.3,07, 650. There is no dearth of rich people spending laths of rupees for luxuries in this poor country. This hotel is developed by Taj group in Hyderabad for such people.