Fortress of the Indian rich is collapsing, money saves none’  https://www.youtube.com/watch?v=mZKt3qyjHfk Aug 29, 2025

https://theprint.in/opinion/indias-poor-little-rich-people/2728912/#google_vignette  Karanjeet Kaur  a BMC internal report found that 80 of 120 new flood zones were in A and B wards. This includes Churchgate, Colaba, Ballard Estate, Cumballa Hill, and Pedder Road — postcodes beyond the reach of even most upper-middle-class Indians.

“Gated communities” are flourishing in India www.economist.com/asia/2025/07/24/gated-communities-are-flourishing-in-india “By walling themselves away, India’s rich secede from society. If the elites don’t use public services, there is less pressure on the state to improve them. Public education and health care are already of such poor quality it would be unthinkable for a middle-class family to use them. Civic disengagement in India is widespread.

“By walling themselves away, India’s rich secede from society. If the elites don’t use public services, there is less pressure on the state to improve them. Public education and health care are already of such poor quality it would be unthinkable for a middle-class family to use them. Civic disengagement in India is widespread.
But they are not quite the havens its elites had in mind https://

 Henley Private Wealth Migration Report 2024: 50- 10 country outflowsIndia continues to lose large numbers of millionaires, especially to the UAE. However, in our view these outflows are not particularly concerning as India continues to produce far more new HNWIs than it loses to emigration. Furthermore, the bulk of the millionaires who leave India tend to retain business interests and second homes in the country, which is a positive sign.

 

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