Diamonds | wealthymatters

On What Do India’s Wealthy Spend Their Money?

May 13, 2012 1 Comment

wealthymatters What do India’s wealthy like to buy with their buckets of money?

Customized holiday packages, luxury watches, diamonds and jewelry, and home electronics (including fancy mobiles and high-end cameras) — in that order.They buy luxury cars, too, but not Ferraris and Lamborghinis as one would expect. More like Honda and Toyota, according to the study conducted by Kotak Wealth Management and rating and research firm Crisil Ltd.The wealthy here are defined as households with a minimum average net worth of 250 million rupees ($5.6 million) for the financial year ended March 31, 2011.

Researchers interviewed 150 super-wealthy individuals in India’s major cities of Mumbai, Delhi and Bangalore, and others like Hyderabad, Ahmedabad and Chennai to put together the study. Senior personnel at major global luxury brands, art gallery owners, product dealers and industry body representatives were also interviewed. Read more of this post

Filed under Tool Kit Tagged with art, art galleries, BMW, Charity, credit cards, customized holidays, destination weddings, Diamonds, entertainment rooms, entrepreneurs, Ferraris, hi-end cameras, hi-end home electronics, hi-end mobiles, home entertainment systems, home theatres, Honda, income and spending, inheritors, jewelry, Kotak Wealth Management, Lamborghinis, luxury watches, luxury writing instruments, Mercedes, Philanthropy, postaday, private aircrafts, private islands, private yatchs, professionals, self made, shopping, solitaires, spending pattern of the wealthy, storing stem cells, Toyota

Diamond Prices

February 2, 2011 4 Comments

As gold prices have climbed up steadily over the decade many Indians have been shopping for light weight gold jewellery studded with diamonds.

Through long experience,Indians are sophisticated gold buyers.But it’s a different matter when it comes to diamonds. Most people just have no idea of how much diamonds ought to cost.Here is a link to help get a better idea of diamond prices http://www.diaprices.com/parcel-rates/round-pacel-prices .This should help us bargain while shopping for diamonds.

Happy Shopping!

By the way if you are considering buying diamonds abroad here is a link to find out what you might have to pay in NY http://diamondregistry.com/price.htm and here are prices from Antwerp http://www.ajediam.com/Diamonds_Prices_Diamonds_Ratings.html