Hyderabad, Bengaluru top two most dynamic cities globally in list of 130

Hyderabad has emerged as the world’s most dynamic city, performing better on parameters like socio-economic and commercial real estate, according to global property consultant JLL India. Seven Indian cities feature in the top 20 in this year’s ranking, despite economic slowdown, it added.

Key Highlights

• Hyderabad has scored better than any other city in the world on criteria like socio-economic development.
• According to JLL, seven cities in India have found a place in the list of 20 dynamic cities of the world despite the economic slowdown.
• JLL said that Hyderabad got the first rank because of several key economic indicators like GDP growth, retail sales, and air passenger growth.
• In 2019, Bangalore was in the first place while Hyderabad was at first place.
• According to the JLL’s findings, Hyderabad witnessed the highest office net absorption in 2019 (as a proportion of existing stock) of any city globally. Hyderabad has also selected for its outstanding performance for prime office rental growth in the world.
• Kolkata secured 16th rank while Mumbai stood at the 20th position in the list.

Top-20 dynamic cities in the world

• Hyderabad, Bangalore, Ho Chi Minh City, Nairobi, Chennai, Delhi, Ha Noi, Manila, Silicon Valley, Schengen, Chongqing, Pune, Wuhan, Dubai, Hangzhou, Calcutta, Shanghai, Riyadh, Austin, Mumbai.

About JLL

• Jones Lang Lasalle (JLL) is a US-based real estate and investment firm. According to its official website, JLL aims to reimagine the global real-estate world.
• JLL has been selected as the Fortune 500 Company with a yearly revenue of USD 16.3 billion.
• JLL has a global presence in more than 80 countries with more than 90,000 employees.

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