India Wealth Report News - Latest Updates & Headlines
Mumbai's Worli accounts for 40 pc of ultra‑luxury residential transactions
New Delhi, Dec 4: Worli in the Mumbai Metropolitan Region has become the epicentre of India’s wealth concentration, accounting for 40 per cent of the country's ultra-high-net-worth residential transactions, commanding prices that rival global peers, a report said on Thursday.
Maharashtra tops India's wealth map with 1.78 lakh millionaire households: Report
New Delhi, September 20: Maharashtra has firmly established itself as the nation's leading hub of wealth creation, ranking first with 1,78,600 millionaire households, a 194 per cent growth since 2021. According to the Mercedes-Benz Hurun India Wealth Report 2025, Maharashtra's rise is strongly supported by a 55 per cent surge in its Gross State Domestic Product (GSDP) since 2020-21, with Mumbai alone accounting for 1,42,000 of these households, making it the "Millionaire Capital" of India.
Around 60% of India's uber-rich's wealth parked in Real Estate and Gold: Bernstein Report
New Delhi, August 4: Around 60 per cent of India's Uber rich wealth is still parked in real estate and gold, according to a report by Bernstein. Uber rich individuals includes Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class.
India's rich to get richer, boom in capital markets contributing to this trend: Bernstein Report
New Delhi, July 25: India's wealthiest households are set to get even richer, with their growing financial assets creating massive opportunities for wealth management firms.