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India's Millionaire Households Soar by 90%, Mumbai Leads the Charge

Real Estate Mumbai

India's Millionaire Households Soar by 90%, Mumbai Leads the Charge

India has seen a significant rise in affluence, with the number of millionaire households (net worth ≥ ₹8.5 crore) jumping 90% to 8.71 lakh in 2025. Mumbai leads with 1.42 lakh wealthy households, followed by Delhi and Bengaluru. The report highlights preferences for digital payments, stocks, real estate, and gold.

September 18, 2025
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India’s Millionaire Boom: 90% Surge in 4 Years and Mumbai’s Dominance

Real Estate Mumbai

India’s Millionaire Boom: 90% Surge in 4 Years and Mumbai’s Dominance

The number of millionaires in India has surged by 90% in the last four years, with Mumbai leading the way as the 'Millionaire Capital' of the country. According to the Mercedes-Benz Hurun India Wealth Report 2025, stocks, real estate, and gold remain the top asset choices for Indian millionaires.

September 18, 2025
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Breaking into India’s Top 1%: You Need a Net Worth of ₹1.52 Crore, Says Expert

real estate news

Breaking into India’s Top 1%: You Need a Net Worth of ₹1.52 Crore, Says Expert

India has emerged as a key global wealth hotspot, with a growing number of high net-worth individuals (HNWIs). To join the top 1% in 2025, you need a net worth of ₹1.52 crore, as per the Global Wealth Report 2025 by Knight Frank.

June 11, 2025
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Knight Frank Wealth Report: Comparing Property Values in Mumbai and Delhi

real estate news

Knight Frank Wealth Report: Comparing Property Values in Mumbai and Delhi

The Knight Frank Wealth Report reveals a significant difference in property prices between Mumbai and Delhi, with a noticeable decline in Mumbai's real estate market over the past decade.

March 5, 2025
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Knight Frank Wealth Report 2025: Luxury Cars Top the List for Next-Gen Indian HNWIs

real estate news

Knight Frank Wealth Report 2025: Luxury Cars Top the List for Next-Gen Indian HNWIs

According to the Knight Frank Wealth Report 2025, the next generation of High Net Worth Individuals (HNWIs) in India are showing a stronger preference for luxury cars over high-end real estate. The report highlights a shift in investment and spending patt

March 5, 2025
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Knight Frank Wealth Report 2025 - Luxury Cars Outshine Real Estate for Next-Gen Indian HNWIs

Real Estate

Knight Frank Wealth Report 2025 - Luxury Cars Outshine Real Estate for Next-Gen Indian HNWIs

According to the Knight Frank Wealth Report 2025, the next generation of High Net Worth Individuals (HNWIs) in India are showing a significant preference for luxury cars over high-end real estate. This shift in spending habits reflects changing priorities

March 5, 2025
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