Bangalore Ranked ‘Most Dynamic City’ In the World


Bangalore, Silicon Valley , JLL, Real Estate, City
India’s Silicon Valley Bangalore has been named the ‘most dynamic city’

Bangalore: India’s Silicon Valley Bangalore has much to cheer. It has been named the ‘most dynamic city’ beating some of the top cities in the world.  According to JLL’s City Momentum Index, Bangalore topped the charts and even managed to beat US’s Silicon Valley which emerged 3rd on the list. The ranking is based on a broad range of real estate and socio-economic factors. It doesn’t gauge the ‘best city’ but highlights city’s that are best positioned to compete in today's ever-changing economic landscape.

Edge above the Rest

Bangalore is said to have had the edge above the rest as it has an established IT sector, it is a vibrant start-up hub and also has an ever growing demand for commercial office spaces.” Bangalore has scored a lot in terms of it being a tolerant city, people friendly in terms of technologies used in day to day affairs and transparency in terms of real estate as well as governance”  said Ashutosh Limaye, Head-Research & REIS at JLL, an international consulting company that conducted the study.

Cities were scored on 42 variables under 3 different criteria’s such as socio-economic momentum, commercial real estate momentum and long-term momentum. Parameters like Economic output and Population were considered under the socio-economic metrics. Transparency and Absorption rates were identified for the commercial real estate metrics. Higher education, Infrastructure, and environmental quality were some of the factors considered under the long-term momentum.

‘Govt & Industries Co-Working’

Industry experts cheered this new recognition and said that it is Bangalore’s ability to adapt to new technology and the availability of talent in abundance which has worked for the city. Suresh Hari, Secretary at CREDAI, Bengaluru is of the view that the government’s efforts to push infrastructure and feed the demands of the industry has helped in achieving this tag.

Indian cities seem to have overtaken China this time around with 6 cities in the list of top 30.Hyderabad has emerged 5th, whereas Pune and Chennai beat New York, Paris, and San Fransisco to make it in the top 20. And Even though among the top 30 factors such as poor environmental quality and affordability pushed New Delhi to 23rd and Mumbai to the 25th Position respectively. 

 

31 thoughts on “Bangalore Ranked ‘Most Dynamic City’ In the World

  1. Thanks to 25 years of congress rule out of last 30. By the way, what did MP, Jharkhand, Guj, Rajasthan, chattisgarh achieve by giving so many chaces to BJP in the last 20-25 years

  2. I really wanted to write a note to appreciate you for all of the fantastic points you are sharing at this site. My prolonged internet look up has at the end of the day been recognized with professional insight to talk about with my friends and family. I ‘d suppose that many of us website visitors actually are unquestionably lucky to live in a wonderful site with many special individuals with good advice. I feel somewhat happy to have come across your weblog and look forward to many more cool times reading here. Thank you once more for everything.

  3. I simply want to tell you that I am newbie to blogs and absolutely loved your web site. Almost certainly I’m likely to bookmark your site . You surely come with beneficial well written articles. With thanks for revealing your web-site.

  4. Hello, Neat post. There’s a problem with your site in internet explorer, may check this… IE still is the market chief and a good section of other folks will leave out your fantastic writing because of this problem.

  5. In this awesome pattern of things you actually receive a B- for effort and hard work. Where you actually misplaced everybody was first in all the specifics. As people say, the devil is in the details… And that could not be much more accurate in this article. Having said that, allow me reveal to you just what exactly did deliver the results. Your text is certainly rather powerful and that is probably why I am making the effort in order to opine. I do not really make it a regular habit of doing that. Second, even though I can see a jumps in reason you come up with, I am not necessarily confident of just how you appear to unite your details which inturn produce the conclusion. For now I will subscribe to your issue however hope in the near future you actually connect the dots better.

  6. My brother suggested I might like this web site. He was totally right. This put up truly made my day. You cann’t consider just how a lot time I had spent for this info! Thank you!

Leave a Reply

Your email address will not be published. Required fields are marked *