
Rs 70000000000 in bank! Asia's richest village is in India, its name is..., located in...
Rs 70000000000 in bank! Asia's richest village is in India, its name is...., located in....
India's Madhapur Is Asia's Richest Village: The Asian continent has cities which are home to several billionaires of the world. We all know about the rich and famous Asian cities, but do we know which is the richest village in the continent and where it is situated? Well, surprisingly, the village is located in India and its name is Madhapur. The village has a majority of the population consisting of NRIs living abroad. The villagers of Madhapur have developed roads, schools, and other infrastructure that is hard to find in any other Indian village. Let's know more about Asia's richest village. Madhapur Village
Madhapur is located in Gujarat's Bhuj and has a population of just 32,000. The people here have fixed deposits in the bank that are worth Rs 7,000 crore. This is a record that has been acknowledged by the Government of India as well. Why is The Village so Rich?
The reason why Madhapur is so rich is because of its NRI population, which comprises 65% of the total population. These NRI people are mainly located in countries like Africa, US, UK, Canada, Australia and New Zealand.
Madhapur's bank deposits have fuelled major village development. This results in improved infrastructure including roads, water resources, educational institutions, healthcare facilities, and religious sites. Money Hub
Investments made by NRIs have made Madhapur a money hub. The massive investments have also caught the eye of public and private sector banks of the country. Currently, as many as 17 major banks, including SBI, HDFC, ICICI, PNB, have branches here.
The villagers here are all over the world. Villagers of this Madhapur work in several countries but they give money for the development of infrastructure so that the village can develop along with its people.

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