"The maximum capacity for the party is 1,000, and Gaga's show is completely sold out," Arjun said.
The F1 after party will take place at Jaypee Greens Golf and Spa Resort in Greater Noida, Uttar Pradesh.
"I am finally here + what a dream come true. Performing at Formula 1 in INDIA, and my first day here I reached #15 million monsters," read her tweet on the micro-blogging site, Twitter after she reached India.
"We couldn't have lowered the price. We have limited space...and here, we are talking about an immensely popular international celebrity. One has to understand that the costs are very high. Maybe if we had a bigger venue with capacity for more people, we could have gone easy on the price. But with less people, it becomes difficult to lower the price. After all it's business, and we have to break even," said Arjun Rampal on why the tickets were priced so high.
"We know Gaga has a lot of young fans. In fact, a majority of her young monsters here are teenagers...so we couldn't have kept a low price, and invited youngsters to a party where there would be free alcohol and stuff. It's not a done thing," he said.
"For all those who will miss out Gaga's performance, they can watch it on TV. After all we should give the young monsters a chance to see their favourite star on her India tour. The channel will show all the performances exclusively," he said.