Investors Prefer Equity Over Real Estate

Indian investors’ love towards capital market is well known. Not from today, but from 1875, when Asia’s first stock exchange the Bombay Stock Exchange (BSE) was established in the financial capital of the country, which is now known as Mumbai. This fact was once again established in the recent report titled ‘The Wealth Report’, released by Knight Frank, a leading global independent property consultancy. Not only this, based on their investment acumen, Indians are expected to create a bigger fortune in the current calendar year 2019. This can be seen from yet another finding of the report that says India has led the global growth of Ultra High Net Worth Individuals (UHNWIs) with a growth of 116 per cent in billionaire population between 2013 and 2018. As per the Wealth Report, the High Net Worth Individual (HNWI) is classified as someone with a net worth of over...