India’s Emerging Wealth Capital
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Millionaire Population (Net Worth ≥ $1 Million) Region Estimated Millionaires (2024)
Delhi-NCR (Total) 60,000–70,000 → Delhi (core) 40,000–50,000 → Gurugram 15,000+
(fastest growing) → Noida/Greater Noida 5,000–7,000 🥈
Delhi-NCR ranks #2 in India , after Mumbai (~90,000–100,000), ahead of Bengaluru (~35,000–40,000) 🔍
Why So Many Millionaires in Delhi-NCR? ✅
Political & Bureaucratic Nexus – Access to decision-makers, contracts, infrastructure deals. ✅
Real Estate Boom – Luxury markets in Lutyens’, Gurugram, Noida Extension. ✅
Startup Surge – Home to unicorns: Zomato, PolicyBazaar, Paytm. ✅
Old Money Legacy – Industrial dynasties, landowners, established business houses. 📍
Top Millionaire Hotspots Area Type of Wealth 🏛
Lutyens’ Delhi Political elites, industrial tycoons 🏙
Gurugram (CyberHub, DLF) Corporate execs, startup founders 🏡
South Delhi (GK, Vasant Vihar) Business families, celebrities 🏢
Noida (Sector 44, Golf Ext.) Tech professionals, HNIs 📈
Projected Growth ~10,000
new millionaires added annu…
