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04 Mar

Where do the 'super rich' live in India?

Published by PLP advisory services  - Categories:  #Preleased properties gurgaon, #Latest property news gurgaon, #latest property news

Where do the 'super rich' live in India?

Where do the 'super rich' live in India?

India houses 5% of world’s billionaires and 2% of the world’s millionaires.

 

In the last 10 years, around 500 new Ultra high net worth individuals (UHNWIs) have been added annually in India. Over the next decade, the number is expected to reach approximately 1,000 every year.

 

Here is the list of top cities in India based on the number of UNHWIs with minimum worth of over $30 million:

 

Mumbai

 

Mumbai has over 1300 Ultra high net worth individuals, which is highest in the country. The city is globally ranked 21st in The City Wealth Index and 9th in Asia. The city saw a 12 per cent rise in the number of UNHWIs in the last one year. The number is expected to grow by 150% in next 10 years.

Delhi

 

About 680 Ultra high net worth individuals call Delhi their home. The city is ranked 2nd in India in terms of City-wise Wealthy Index. Globally, it is ranked 35th in the City Wealthy Index. In the next 10 years, the city will see a 140% increase in the population of UNHWIs.

 

Kolkata

 

Third city in the list having highest number of wealthy individuals is Kolkata. The city is home to 280 UNHWIs, a number which has increased by 10% in the last one year. The population of such Ultra high net worth individuals is expected to grow by 10% in the next 10 years.

 

Hyderabad

 

About 260 Ultra high net worth individuals call Hyderabad their home. The city has seen growth of 10% in the population of UNHWIs in the last one year. Population of such wealthy individuals is expected to increase by 160% in the next 10 years.

 

Bengaluru

 

Bengaluru is ranked 5th in India in terms of City-wise Wealthy Index. The city has 220 Ultra high net worth individuals, a number which has grown by 15% in the last one year. Bengaluru is expected to see growth of 160% in the population of UNHWIs in the next years

Chennai

 

Chennai has witnessed a growth of 10% in the population of UNHWIs in the last one year. Currently there are about 190 Ultra high net worth individuals who call it their home. The population of such wealthy individuals is expected to increase by 140% in the next 10 years

 

Pune

 

Pune is expected to witness the highest growth in the next ten years in the population of UNHWIs. The city currently is home to nearly 140 Ultra high net worth individuals, which is expected to grow by 170% in the next 10 years. The city also recorded the highest growth of 18% in the population of UNHWIs in the last year.

Gurgaon

 

Gurgaon has nearly 110 Ultra high net worth individuals and is ranked 8th in the country. The city saw a 12 per cent rise in the number of UNHWIs in the last one year. The number is expected to grow by 140% in next 10 years.

 

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