Mumbai is home to the highest number of billionaires in the country with 72 billionaires living in the city, according to Hurun Global Rich List 2022. New Delhi: Mumbai is home to the highest number of billionaires in the country with 72 billionaires living in the city, according to Hurun Global Rich List 2022.
Mumbai is the financial capital of India and is also home to the maximum number of wealth creators of the country with over 280 of the richest Indians residing in the city that is also known as the 'City of Dreams'.
New York has as many as 345,600 millionaires. NEW DELHI: New York is the world's wealthiest city with the largest number of resident billionaires while Dubai, Mumbai, and Shenzhen are emerging as the wealthiest cities of the future, according to a report from investment advisory firm Henley & Partners.
Malabar Hill, located in South Mumbai, is among the posh areas in Mumbai. It is not just any other elite residential locality but an exclusive residential address to some of India's wealthiest personalities, such as the CM of Maharashtra.
Mumbai. Number of rich individuals: 283 | Being the financial hub of India, Mumbai is home to the maximum number of affluent people, as per IIFL Wealth Hurun India Rich List 2022.
In 2021, Mumbai was home to the highest number of millionaires, followed by India's capital New Delhi, and the IT capital - Bengaluru.
1. Mumbai. Often called the city of dreams in India and India's financial capital, Mumbai is undoubtedly the costliest city in the country. Mercer's 2022 Cost of Living City Ranking ranks Mumbai as the most expensive city in India.
Tardeo, South Mumbai
India's most lavish and expensive area, Tardeo. It also has commercial offices and luxury residential areas. Tardeo is one of the most expensive residential areas in India for premium real estate. The cost- Starts from Rs 56,200 per Sq ft.
1. Antilia. Owned by Mukesh Ambani, the owner of Reliance Industries, Antilia is not just India's costliest house but also tops the list of the world's costliest houses. Situated in one of the most expensive roads in Mumbai, the Altamount Road, Antilia is a 568-foot skyscraper featuring 27 floors.
However, what they are most famous for is being Mumbai's biggest private land owner with vast tracts of land in the north eastern suburb of Vikhroli. The Godrej group owns 3,400 acres of land in Mumbai, the country's most expensive property market.
Mumbai accounts for slightly more than 6.16% of India's economy contributing 10% of factory employment, 30% of income tax collections, 45% of Entertainment Tax, 60% of customs duty collections, 20% of central excise tax collections, 40% of foreign trade , 100% of stock market assets and rupees 1,60,000 crore (US$20 ...
With the highest number of millionaires and billionaires, Mumbai is the wealthiest city in India and was also named an alpha world city in 2008.
Billionaires' Map: Where do India's richest live? Mumbai and Delhi lead with the most number of billionaires in India, but you'll find a few in tier II & III cities too: forbesindia.com/article/leader…
The US, UK and Canada are favourite destinations. EU countries, as well as traditional favorites Dubai and Singapore, are gaining popularity among Indians.
"Normally HNWI (or HNI) outflows are related to finding better business opportunities abroad. Also safety concerns, taxation and standard of living are major drivers," Andrew Amoils, head of research at New World Wealth, a wealth intelligence firm, told CNBCTV18.com.
Byju's founder Divya Gokulnath (36) and Zerodha's founder Nikhil Kamath (35) are the youngest billionaires in India, according to the Forbes India Rich List 2022.
In Bollywood, it is Shahrukh Khan's house Mannat which has a price value of around 200 crores or 26.8 million dollars.
Malabar Hill is not only Mumbai's most affluent neighbourhood, but also India's most exclusive residential address, with the majority of residents being billionaires and millionaires. Aside from opulent condos and penthouses, the hillock area is home to a few marquee properties worth Rs 300 crores and above.
Beverly hills of India - UB City.
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Mumbai (127) is the most expensive city in India in terms of both living expenses and accommodation costs, followed by New Delhi (155), Chennai (177), Bengaluru (178), and Hyderabad (192), finds Mercer's 2022 Cost of Living survey.