Mumbai Ranks 57th Globally for Wealth Attractiveness, in Top 5 Countries for Private Security

New Delhi, November 13, 2025: Mumbai in India features in the Savills HNW Individuals Hotspot Index (High Net Worth Individual Hotspot Index) as one of the key emerging destinations for private wealth, supported by sustained economic growth, a favorable inheritance landscape, and strong fundamentals in legacy and wealth management. The city features 75 international schools, placing it among Asia’s leading education hubs and underscoring its growing relevance for family-oriented relocation and investment decisions.

Additionally, India among the top 5 globally for its number of private security providers and within the top 10 for family offices, underscoring the maturity of its wealth ecosystem and growing emphasis on safety, privacy, and intergenerational planning. India’s inclusion in the index reflects the impact of strong economic growth, with the country continuing to record one of the highest GDP growth rates among major economies. The absence of inheritance or estate tax provides greater flexibility for legacy and succession planning, reinforcing India’s role as a long-term base for wealth creation and preservation.

“India’s position in the global index reflects the structural strength of its economy and the broadening base of private wealth across sectors. As family offices grow and succession planning becomes more strategic, India is emerging as a strong centre for long-term wealth creation and preservation,” said Arvind Nandan, Managing Director, Research, Savills India.

Across Asia-Pacific, wealth creation continues to accelerate, with the region recording the fastest global increase in millionaire and billionaire populations. India’s demographic advantage, expanding technology and services sectors, and deepening investment ecosystem position it as a key contributor to this growth.

The rankings form part of Savills’ inaugural Spotlight on Wealth Trends 2025, published today, which analyses nearly 100 destinations around the world through five key metrics: business environment and wealth clustering, family infrastructure and cost, legacy planning, lifestyle, and privacy and security providing a comprehensive view of the evolving preferences of HNWIs worldwide.