Tuesday, November 27, 2007

Delhi has 1.38 lakh millionaires

: Delhi has more households earning over Rs 10 lakh a year than any other city in India, but Chandigarh has the largest concentration of such families with every seventh household there having a seven-figure annual income.

Contrary to what you might expect, even ranked by the absolute number of households with incomes of Rs 10 lakh or more per year, the metros aren’t all on top of the list, with Chennai ranked 9th, Hyderabad 12th and Kolkata a lowly 26th.

On top of the list are Delhi with 1.38 lakh such households and Bangalore with 1.05 lakh families. Mumbai comes in third at just over one lakh millionaire households, but if you add the roughly 74,000 millionaire families that Thane has to Mumbai’s tally, it would jump right to the top of the list.

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