In today’s India, a single labourer earns ₹600 a day while 600 others close ₹20 crore home deals. Senior analyst Sujay U. highlights the deepening economic fracture and calls it a generational wound.
Economic DivideReal EstateIncome InequalityWage DisparityStructural ImbalanceReal EstateJun 29, 2025
Sujay U. highlights the deepening economic divide in India, where a significant portion of the population earns very low wages while a small elite enjoys extreme wealth.
The top 1% of Indians control 40.1% of the nation’s wealth.
One-third of the wage-earning population, estimated at around 62 million people, earn below the statutory minimum wage.
In sectors like rural construction and agriculture, daily pay can sink to ₹20–₹300, far below subsistence levels.
Sujay U. suggests that India has a two-speed economy—one accelerating into luxury and another stuck in survival, highlighting the need for more equitable economic policies.
Mumbai ranks second globally with a 13% annual rise in prime residential property prices, up from 6th place last year.
Deepika Padukone's business venture, KA Enterprises, has purchased a luxurious apartment in Mumbai's posh Bandra West area for ₹17.7 crore, adding to her growing real estate portfolio in the city's most sought-after neighborhood.
Prime Minister Narendra Modi highlights India's rapid advancements in the telecom sector and its growing global impact, transforming real-time digital transactions and market updates.
New Delhi [India], October 21: Since its inception, The Eldeco Group has been a pioneer in real estate development across North India, setting new benchmarks in quality, innovation, and customer satisfaction.
A total of 551 candidates have submitted their nominations for the 21 Assembly seats in Pune district. The highest number of candidates is from the Pimpri constituency, with 39 nominations, while the Junnar constituency has the lowest with 17 nominations.
Realty developer Birla Estates, a prominent subsidiary of Aditya Birla Real Estate, has made a strategic move by acquiring a significant 70.92-acre land parcel in Boisar, Maharashtra. This acquisition is expected to bolster the company’s portfolio and pav