The number of Ultra High Networth Households (UHNH) in India increased 7% to around 146,600 in FY16, according to the latest report Top of the Pyramid by Kotak Wealth Management.
In FY16, 39% of UHNI investments were directed towards equity, 28% to real estate, 22% to debt and 11% to alternate investments. "Equity found less favour amongst ultra UHNIs this year, because of subdued performance, which in turn lead to a corresponding rise in other asset classes such as real estate, debt and alternate assets," the report said. "Commercial properties were the biggest and most stable attraction in the real estate market."
Source 1: Kotak Wealth Management
Source 2: ET Realty, http://bit.ly/2aJcbfM
Visit: http:// www.expat-properties.com/ for exciting investment opportunities.
In FY16, 39% of UHNI investments were directed towards equity, 28% to real estate, 22% to debt and 11% to alternate investments. "Equity found less favour amongst ultra UHNIs this year, because of subdued performance, which in turn lead to a corresponding rise in other asset classes such as real estate, debt and alternate assets," the report said. "Commercial properties were the biggest and most stable attraction in the real estate market."
Source 1: Kotak Wealth Management
Source 2: ET Realty, http://bit.ly/2aJcbfM
Visit: http://