Do you know this place in India is known as Asia's wealthiest village?
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Wealthiest Village
Madhapar, a village in Gujarat, is renowned for its immense wealth, being labeled the richest village in Asia.
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Wealthy Deposits
Madhapar boasts fixed deposits totaling ₹7,000 crore, indicating its significant economic prosperity and financial strength.
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Growing Patel Community
Home to the Patel community, Madhapar's population grew from 17,000 in 2011 to 32,000, reflecting rapid development.
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Banking Presence
With 17 banks, including major names like HDFC and SBI, Madhapar's financial infrastructure supports its substantial deposit base.
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NRI Contributions
Non-resident Indian families contribute significantly to Madhapar's wealth, depositing large sums annually and maintaining strong ties with their village.
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Modern Amenities
The village is well-developed, featuring roads, water, sanitation, lakes, temples, bungalows, and schools, supported by substantial local deposits.