Top 10 Richest Cities in India 2024 - GDP, Ranking, and Population
Have you ever thought about which is the richest city in India? A nation where richest men like Muskesh Ambani and Gautam Adani lives, which is the most developed city in India. As far as the GDP of India is concerned, the estimated real GDP is at Rs.173.82 lakh crore with a 8.2% growth rate. Maintaining its position as one of the fastest growing economies, India’s real GDP growth projection for 2024-25 is between 6.5%-7%.
So, without delay,
Let’s take a look at the most developed city in India and the richest Indian city by GDP. (Updated List 2024)
1. Mumbai, Maharashtra
Rank - 1st
GDP- $310 Billion
Population - Approx. 12.6 Cr.
The biggest contributor in the fast-growing Indian economy, Mumbai is at the forefront of industrial growth, and known as the New York of India. Housing the largest urban economy, this Indian rich city is a fashion, commercial, and entrepreneurial center. This rich Indian city is also known as the financial capital of the nation, all thanks to the major banks, insurance companies, financial institutions, and mutual funds making the state their base. That’s not all. Bombay Stock Exchange, Securities and Exchange Board of India, National Stock Exchange of India and Reserve Bank of India are also based in Mumbai. Some of the posh areas of Maharashtra are Malabar Hills, South Mumbai, Tardeo, Viman Vihar, Manewada, and Model Colony.
2. Delhi
Rank - 2nd
GDP - $293.6 Billion
Population: Approx. 2.1 Cr.
Delhi, the Union territory of India has 2nd highest GDP in India, ranking 5th in the human development index. Known for many historical sites such as Red Fort, Qutub Minar, and Humayu tomb. A large portion of the population works in public administration, finance trade, and professional services. A hub of administrative services, Delhi is also popular for its architectural sites and cultural institutions. All India Radio, Doordarshan, Times of India, and Hindustan Times are all located in Delhi. Center of administrative and government services, the city features Rashtrapati Bhavan, Rail Bhavan, National Media Center, Raj Niwas, Secretariat Building, and more. Some of the posh areas of Delhi include Greater Kailash, Hauz Khas, Shanti Niketan, South Extension, and Karol Bagh. Delhi also comes in the list of Top 5 Richest cities in India.
3. Kolkata, West Bengal
Rank - 3rd
GDP- $150 Billion
Population: Approx. 15.5 Cr.
Known as the City of Joy, Kolkata, formerly known as Culcutta is the largest city and capital of West Bengal. It has been recognized by Unesco for the celebration of Durga Puja and its importance to heritage of the world . Some of the popular architectural spots of Kolkata include Grand Hotel, Howrah Bridge, and Victoria Memorial. Academy of Fine Arts, the Asiatic Society, and National Library of India are some of the reputed institutions based in Kolkata that hold national importance. The oldest operating port of India is at Kolkata, known as “The Port of Kolkata.” Some of the posh areas in Kolkata include Ballygunge, Tollygunge, Alipore, New Alipore, and Gariahat.
4. Bangalore, Karnataka
Rank - 4th
GDP - $110 Billion
Population: Approx. 1.4 Cr.
Being filled with lush greenery, Bangalore or Bengaluru has earned the name “Garden City.” Rising as one of the rapidly growing metropolises, Bangalore has also ranked as metro areas with highest productivity. At the rise of its tech-based manufacturing industry, the city houses headquarters of many multinational technology companies. Many state-owned defence and aerospace organizations are based in the city. Some of the posh areas of Bengaluru and India's richest place in Bengaluru are Basavanagudi, Indranagar, Jayanagar, Koramangala, Malleshwaram, and more. Due to these features Bangalore has a place in India's top 10 richest cities.
5. Chennai, Tamilnadu
Rank- 5th
GDP- $66 Billion
Population: Approx. 1.2 Cr.
Remember the Chennai Express movie that starred Deepika and Shahrukh Khan? Yes! Then you already know what South India’s cultural hub looks like. Popular for dance forms, historical sites, and music, Chennai is undoubtedly a center of ancient art and tradition and top south india city. Being an industrial and commercial hub, the city is deeply engaged in IT services, automobile manufacturing, and healthcare. One of the major attractions of the rich city is Marina beach along with its other breathtaking beaches. Adyar, Anna Nagar, Nungambakkam, Poonamallee, and Chetpetare a few posh locations to name.
6. Hyderabad, Telangana
Rank- 6th
GDP- $58 Billion
Population: Approx. 1.1 Cr.
No city can get a more beautiful name than this. Hyderabad of Telangana is known as “The City of Pearls.” Not only because of its long-standing history of trading in diamonds and pearls, but also for its beautiful and historic sites. Earning a reputation as one of the fast-growing and major IT hubs, the city is also called “Cyberabad.” Some of the big multinational companies in the city are Warner Bros., Discovery, Zoom Video Communications, ServiceNow, and Skillsoft. Charminar, Golconda Fort, and how can we forget the Hyderabadi Biryani, which has made its name across the globe. Banjara Hills, Secunderabad, Himayatnagar, and Jubilee Hills are some of the most in-demand locations in Hyderabad.
7. Pune, Maharashtra
Rank - 7th
GDP- $55 Billion
Population: Approx. 73 Lakhs
Pune is the home of many popular research and educational institutes, along with rich history of the Maratha and Peshwa rulers, whose historical evidence can be seen across the city the beautiful Aga Khan Palace and the Majestique Shaniwar Wada from the movie Bajirao Mastani. In the last two decades, Pune has witnessed an impressive transformation with the development of IT hubs such as EON IT Park, Hinjewadi IT Park, Rajiv Gandhi Infotech Park, MIDC Pune Infotech Park, Hadapsar Industrial Estate, and ICC Tech Park. Pune is also popular for its food and local dishes such as Puran Poli and Puneri Misal. Some of the posh areas of Pune are Koregaon Park, Kalyani Nagar, Hadapsar, and Shivaji Nagar.
8. Ahmedabad, Gujrat
Rank - 8th
GDP- $47 Billion
Population: Approx. 88 Lakh
Ahmedabad in Gujarat is known all over the nation for its history, lively culture, and commerce. This vibrant city is home to some of the reputed educational institutions such as IIM Ahmedabad (Indian Institute of Management), attracting students from all round the world. The former capital of Gujarat has been the center of Independence movement in India, with landmarks such as Sabarmati Ashram, home of Mahatma Gandhi. The city has witnessed impressive growth in manufacturing, information technology and textile sectors. The proof of the development are the Sardar Vallabh Bhai Patel International Airport, and Gujarat International Finance Tec-City. Khaman Dhokla, thepla, fafda are some of the popular dishes of Gujarat. Some of the posh areas of Ahmedabad are Bodakdev, and Prahlad Nagar.
9. Surat, Gujarat
Rank - 9th
GDP - $45 Billion
Population: Approx. 83 Lakh
Located in the west part of Gujarat, Surat has its name listed among the fastest-developing cities of India. For those who love diamonds, did you know Surat in Gujarat is also called the “Diamond City.” Moreover, being a key player in textile industry, Surat is also a hub of ethnic clothes and fashion accessories. In the Mughal Era and during British rule, Surat was a thriving economic hub for trade and commerce. In the last few decades, Surat has changed a lot with infrastructural projects such as the Surat Metro and Surat Diamond Bourse. Some of the famous dishes that will make your taste buds dance are locho, khaman, and surti undhiyu. Some of the posh areas of Surat are Adajan, Vesu and Pal.
10. Visakhapatnam, Andhra Pradesh
Rank - 10th
GDP- $40 Billion
Population: Approx. 24 Lakh
Vizag or Visakhapatnam is located in the eastern part of Andhra Pradesh. Located amid Eastern Ghats and Bay of Bengal, the city is known for its beautiful sea shores and breathtaking views of the landscapes. The city is listed among the major industrial hubs in ship-building, natural gas, information technology, and steel production. Rich in culture and history, the city is covered with historical sites such as Simhachalam Temple, Buddhist relics in Thotlakonda, and Kailasagiri Hill. In a short period of time, the city has seen rapid growth with IT Parks and special economic zones taking shape such as Visakhapatnam IT Special Economic Zone (SEZ). When in Visakhapatnam, don’t miss the chance to enjoy local delicacies such as Kodi Kura (Chicken Curry), Pulihora, and their spicy and mouth-watering pickles. Some of the posh areas of Visakhapatnam are Beach Road, Rushikonda, MVP Colony.
So,here you have it, the richest city of India or say the most developed city in India. Now you know all the top 10 indian city by GDP as well. As growth in infrastructure, educational institutions, employment opportunities everything contributes to the development of a city. But despite many similarities, each city has its own unique charm and attraction. So, did your city make it to the list of top 10 richest cities in India?
Conclusion
The GDP of many states and cities in India is growing at a steady pace. If you are looking for a property in any of these richest Indian cities, think no more and visit Inframantra. Inframantra is one of the top real estate companies in Gurgaon, Noida, and Pune. Our goal is to make your home-buying experience stress free that too with any brokerage. Just give us a call and let us know your expectations. From there, it is our job to find you the home of your dreams. So, ever in doubt or need help finding the right property in the right location, come to Inframantra- Real Estate Ke Real Experts.
Frequently Asked Questions (FAQ)
1. What is GDP?
In simple terms, GDP (Gross Domestic Product) is the total value of services and goods produced over a particular period of time which is usually a quarter or a year, in a country or city. This includes everything such as cars, food, electronics, education, banking and even healthcare. When more goods and services are produced, it indicates that the country or city has a healthier economy.
2. Which Top cities in India are best for living?
Bangalore, Pune, Surat, Chennai, Gurgaon, and Hyderabad are some of the cities that offer you a dynamic lifestyle due to their fast-growing infrastructure, IT, and commerce industry.
3. Where can I find the best property in these cities?
If you are looking for a property in Pune, Noida or Gurgaon, at the prime locations of the city, visit Inframantra. One of the best real estate company in Gurgaon that offers end-to-end assistance without any brokerage. For any other location, please contact your trusted property advisor.
