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Mumbai ranks 47th on global ‘city wealth index’: Report
March 09, 2018
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NEW DELHI: Mumbai ranked 47th on the ‘city wealth index’ among 314 cities in the world, a report said. According to the independent global property consultancy Knight Frank’s Wealth Report 2018, the city wealth index is drawn from four major indicators - wealth, investments, lifestyle and future.

The report said the city ranked 16th among the top 20 costliest global cities where $1 million can buy only 92 square metres of area.

Mumbai and Delhi would be among the top 10 markets to witness the highest addition in households earning more than $250,000 annually between 2017 and 2022. India would be the third-largest contributor in Asia.

Indo-Asian News Service

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