The event is expected to draw over 1500 High Net Worth Individuals (HNIs) from India's leading corporates, promising substantial economic and business benefits for Australia.
This would increase demand for rentals in the city and reduce the supply of owner-occupier properties in the regions, worsening the affordability of both.
The honour recognises Mukerji's nearly three-decade career as one of India's most celebrated actors, as well as her commitment to social causes supporting women, children and marginalised communities.
The Federal Government will also work with state and territory governments to ensure major AI infrastructure is built in appropriate locations with input from local communities.