ibnlive » Business

Nov 26, 2007 at 08:36pm IST

You can earn here but you can't live here

New Delhi: India is a land of paradox, it is said, and even the rapid economic development in the last few years hasn't helped in managing the contradictions.

A recent survey has now revealed that cities such as Gurgaon, that are most preferred to earn a living and where job growth is the fastest, are actually not among the best places to live.

According to data compiled by economics research firm Indicus Analytics on residences, earnings and investments, none of the ten cities in the 'reside-in' list figure in the 'earn-in' list of places with most employment opportunities.

CITY CITY BANG BANG: The list of 'earn-in' cities has been topped by Gurgaon. (IBN)

Moreover, the four metros of Delhi, Mumbai, Kolkata and Chennai did not figure among the ten best cities to reside, earn or invest. However, Delhi, Mumbai and Chennai were among the cities preferred by millionaires to spend their life.

The list of 'earn-in' cities has been topped by Gurgaon, followed by Silvaasa, Noida, Faridabad, Rupnagar, Chandigarh, Surat, Bangalore, Gandhinagar and Pune.

The best cities to reside are Kochi, Kozhikode, Shimla, Thiruvananthapuram, Mysore, Goa, Thrissur, Pondicherry, Kannur and Thiruvalur. Interestingly, five of these cities are in God's own country - Kerala. In fact, Shimla is the only northern city in this list, while Chandigarh, among the few fully planned cities in the country, failed to find a place.

The invest-in index was topped by Silvassa, followed by Coimbatore, Ludhiana, Shimla, Noida, Gurgaon, Gandhinagar, Surat, Itanagar and Chandigarh.

Indicus considered six parameters -- health, education, environment, safety, public facilities and entertainment -- for preparing the 'reside-in' index. The 'earn-in' list was based on growth rate of employment, per capita income and listings on popular job websites.

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