The Richest Neighbourhoods Of India
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The Richest Neighbourhoods Of India

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Oshiwara in Andheri (West) is the richest neighbourhood in India, in terms of number of Millionaire families, with over 15,000 households having annual incomes of over Rs 1 million. In fact, of the......

Oshiwara in Andheri (West) is the richest neighbourhood in India, in terms of number of Millionaire families, with over 15,000 households having annual incomes of over Rs 1 million. In fact, of the top 20 neighbourhoods in India, as many as 18 are from Mumbai.

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  • 1. Indicus Analytics, An Economics Research Firm http://indicus.net/Blog/Index.php Oshiwara is the richest neighbourhood in India Oshiwara in Andheri (West) is the richest neighbourhood in India, in terms of number of Millionaire families, with over 15,000 households having annual incomes of over Rs 1 million. In fact, of the top 20 neighbourhoods in India, as many as 18 are from Mumbai. Oshiwara, Mumbai The top ranking neighbourhoods in Mumbai are Oshiwara, Sahar, Walkeshwar, Mahalakshmi, Versova Creek, Chembur West (Golf Club), Borivalli West The richest neighbourhood (in terms of number of millionaire households) in other major cities are - Rohini in Delhi (overall rank 9), JP Nagar in Bangalore (overall rank 42), Adyar west in Chennai (overall rank 48), Beckbagan-Ballygunge in Kolkata (overall rank 78).
  • 2. Indicus Analytics, An Economics Research Firm http://indicus.net/Blog/Index.php There are 166 neighbourhoods in the 5 major cities which have over a thousand households having annual incomes of over Rs 1 million (out of a total of 626 neighbourhoods). Of these: 37 are from Bangalore⇒ 11 are from⇒ Chennai 47 are from Delhi⇒ 9 are from Kolkata⇒ 62 are from⇒ Mumbai Source: The City Skyline of India – Neighbourhood Series. This product is designed to help marketers and strategists dissect the cities of India at extremely granular levels. It divides the cities into neighbourhoods which are as small as a few square kms. Delhi, Mumbai, Bangalore, Kolkata and Chennai have been divided into 128, 99, 102, 141 and 155 neighbourhoods respectively.
  • 3. Indicus Analytics, An Economics Research Firm http://indicus.net/Blog/Index.php Bhandup neighbourhood is the largest market In terms of total income (sum total of incomes of all the households), the richest neighbourhood in India is Bhandup with an aggregate Income of over Rs 64 billion. The top 15 neighbourhoods are all from Mumbai. These include Oshiwara, Sanjay Nagar (Chembur East), Matunga-Sion, Sahar, Dadar Plaza, Chembur West (Golf Club), and Borivelli West. Bhandup Neighbourhood Rohini, Preet Vihar, Rithala, Greater Kailash II and Greater Kailash I are the neighbourhoods with the highest incomes in Delhi. The top most neighbourhood in Bangalore, Chennai and Kolkata are Padmanavanagar, Thiruvanmiyur (East) and Jodhpur Park - Indian Institue of Chemical Biology respectively. There are 181 neighbourhoods in the 5 major cities with aggregate incomes of Rs 6 billion or more. Of these: 21 are from Bangalore⇒ 10 are from Chennai⇒ 79 are⇒ from Delhi 2 are from Kolkata⇒ 69 are from Mumbai⇒
  • 4. Indicus Analytics, An Economics Research Firm http://indicus.net/Blog/Index.php Mumbai and Delhi are clearly markets with high depth, whereas Kolkata appears to be most skewed. Source: The City Skyline of India – Neighbourhood Series. This product is designed to help marketers and strategists dissect the cities of India at extremely granular levels. It divides the cities into neighbourhoods which are as small as a few square kms. Delhi, Mumbai, Bangalore, Kolkata and Chennai have been divided into 128, 99, 102, 141 and 155 neighbourhoods respectively.