According to reports, Madhapur village in Gujarat, India, is referred to as 'Asia's richest village'.
Madhapur: A Claim to Asia's Richest Village Title
Located on the outskirts of Bhuj in the state of Gujarat, India, the village of Madhapur has garnered attention for its remarkable wealth. It is widely reported as being 'Asia's richest village'. This distinction is based on the significant financial holdings of its residents, primarily in the form of fixed deposits.
The village has seen substantial growth in recent years. As per information cited from sources like Economictimes.com, its population has grown significantly, and its residents hold substantial fixed deposits.
Key Financial Statistics of Madhapur
Based on available reports, here are some key figures highlighting Madhapur's wealth:
| Metric | Value | Notes |
|---|---|---|
| Claim | Asia's Richest | Based on fixed deposits |
| Location | Gujarat, India | Outskirts of Bhuj |
| Current Population | Around 32,000 | Up from 17,000 in 2011 |
| Fixed Deposits | Rs 7,000 crore | Held by residents in the village |
The large amount of fixed deposits held by the residents contributes significantly to the village's overall financial standing and its claim as Asia's richest village. This wealth is often attributed to the prosperity of the Kutch region and its diaspora.
