Bengaluru, Jan 19: Technology hub Hyderabad has edged out 129 other cities in the world to emerge as the world's most dynamic city, according to the seventh edition of the City Momentum Index by global real estate services firm JLL.
The city has pushed Bengaluru to second place to regain the top position after a gap of one year. Chennai is at fifth and Delhi is at sixth place.
While Hyderabad and Bengaluru are the top two cities globally for socio-economic momentum, a more active real estate market helped elevate Hyderabad to first position in the overall ranking, says the report released by the US-based Jones Lang Lasalle (JLL) on Saturday night.
Hyderabad recorded the highest office net absorption in 2019 (as a proportion of existing stock) of any city globally, while it is also among the world's best-performing cities for prime office rental growth.
While all seven major Indian cities feature in this year's Global Top 20, cities in south India in particular - Hyderabad, Bengaluru and Chennai (5th) "are ahead of their northern peers, supported by favourable demographics and business climates".
"Their expanding tech industries and start-up cultures make them a magnet for young and ambitious talent from across the country, with Bengaluru having one of the world's largest concentrations of 'engine room' population (20-40-year-olds), typically the most dynamic and productive age cohort," says the report.
Kolkata and Mumbai made it to the top 20 and stood at the 16th and 20th positions. Despite an economic slowdown, India leads the 2020 Index with seven Indian cities in the top 20.
"Commercial real estate in south Indian cities is growing at a rapid pace. Hyderabad has seen tremendous growth in 2019 in line with that of Bengaluru. The city has actively embraced technology-driven economic growth and attracted large tech giants and e-commerce players. The state government's focus on business-friendly policies and provision of high-quality infrastructure along with availability of quality talent pool and superior quality business parks has given Hyderabad a competitive edge," said Ramesh Nair, CEO and Country Head - India, JLL.
Telangana's Minister for Information Technology and Industry K T Rama Rao said he was thrilled over Hyderabad not only regaining the top slot but also over the fact that it was competing with cities like Shenzhen and Shanghai in innovation economy.
The minister said 50 percent weightage from socio-economic indicators beside the remaining 50 percent from commercial and real estate was also heartening.
KTR, as the minister is popularly known, noted that in 2014 when Telangana attained statehood, Hyderabad was not even in the list. He recalled that when Telangana was formed there were many doubts as to what would happen to Hyderabad. "It entered the top 20 in 2015 and rose to fifth place in 2016 and third position in 2017. Hyderabad topped the list in 2018 and finished second the last year. This year it is back at the top," he said.
The JLL City Momentum Index identifies a number of key growth drivers, including talent attraction, the expansion of innovation hubs and better urban planning, that cities can employ to meet the challenges faced by rapid momentum.
Several cities in the top 20 stand out as they transform their urban environments in pursuit of a low-carbon future. In India, Hyderabad is looking at technology to reduce the demand for air conditioning with cool roofs that reflect sunlight and absorb less heat, it said.
"The growth of "micro-mobility" is another positive step, illustrated by Hyderabad's introduction of smart bikes and electric cars. Smart city solutions, such as bike rentals, improved quality of life, help increase inclusion and aid in the transition to a low carbon environment."
Ms Revati, who was posted in Bhatkal town police station, in a complaint to the state chief minister and home minister, has claimed that a few senior police officers in Uttara Kannada tried to cover up the case of attempt to create communal tension in the district.
Comments
That police establishments even in non BJP ruled states work hand in glove with the anti- people fascist RSS is a sad commentary of how our constitutional system is time and again challenged with impunity. Except for few courageous officers who work with conviction the police system as such is corrupted with persuasion of a virulent 'Indian Ideology' as much as the political system is.
That RSS and the police establishments often work hand in glove with each other even in many states ruled by non BJP 'secular' dispensations is a sad commentary on the virulence of the so called nationalism and patriotism propelled by an ' Indian Ideology '
Naushad, CONG not only supporting and BUT hiding in chaddis.....Hijdas
Whoever does this whether he's Muslim,Hindu, Christian or from any other community or religion if try to disturb peace and try to hurt somebodies sentiment to be punished maximum.
Actually the Police authority are the only authority can make peace, keep peace, if they want.
Please Respect each other, their reliogion, their community Etc.
LIV ,LET THEM LIV and ALLOW EVERYBODY TO LIV PEACEFUL LIFE.
Hahaha. That fellow became PM by throwing beef at temple and goes to pakistan for having tea
As Sanaulla said we are peace loving people we are business camunity. What ms Reviti has stated is true inquiry must be done by C B I this is not a first time that miscreant thoren meet at warshp plases Her aligation is true our Acp mr Anup Kumar is bussy in catching cattle traders along with Bajrangdal insteade of catching miscreant isn't it stupidity?
As Sanaulla said we are peace loving people we are business camunity. What ms Reviti has stated is true inquiry must be done by C B I this is not a first time that miscreant thoren meet at warshp plases Her aligation is true our Acp mr Anup Kumar is bussy in catching cattle traders along with Bajrangdal insteade of catching miscreant isn't it stupidity?
What a pity. Long ago a senior Ayodhya seer had called BJP as biggest enemy of Hindus. It's 100 percent true.
What's Congress doing? Supporting cheddis?
VIREN now you need her to provide mental treatment ? first you go through it ....
YOU FOLLOWED HITLER IDEAS...AND SURELY you will follow his END
In Bhatkal Mislims are always sufferer
Muslims are highest paying taxes to the Government
Muslims they stands for economy of Bhatkal. Price rise is higher than
The whole district, even though Bhatkal is peace. Nawayath community in Bhatkal r peace loving people. Hindu girls r working In their house. Muslims employ Hindu girls in their shops. Means we have no difference of opinion at all.
Some miscreants including who Mrs. Revati named in her allegation
Mr. Sunil Nayak just he joined BJP some months ago was a member of a Muslim Sports Centre called Royal Sports Centre and he himself
Mixed with Muslim people during marriage ceremony, sports, Travel
And many other occassion. Now a days he make distanced himself from Muslim friends. Even I wish to tell you he was frequently having beef
In Muslims wedding occasions
Shocking allegation against sangha parivar it is very cheap to blame someone for her sin.
serious inquiry must be done on her complaint if that proved correct, each and every criminals should be given maximum punishment.
we know her behavior.. very harsh in our town,
Revati in need of mental treatment. first she got suspended by assuming she will lose her job for her fault.. she herself resigned before.
Revati slap on, this is wrong to blame someone for your mistake.
her hafta may be pending, until now eaten lancha and lived a wonderful life, now money got over started to blackmail others.
revati.. statement is totally wrong, she just wanted to turn off her case into opposite. corrupt officers like u.. we dont need anymore., go to hell.
Police officers like Ms Revati should shoot those criminals infront of everyone even if he is politician or some group head.
really shocking!!!! from today i will stop joining any group.
this must be stopped.. local people should not support the protest of some group.
whoever involved in this heinous act will die dog's death one day.
yahh exactly right thats why i m not very much bothered about the communal violence. its all pre planned. everyone should do their work and keep quiet from fighting nobody will gain anything instead they will lose.
this complaint should be taken as a general awareness, in my opinion some set of 5 to 10 people want to disturb the peace of the society and some gains, why others are responding to their crime. we all brothers and sisters should live in peace,
She is right in accusing her sanghi seniors .... I was the only person on this forum highlighting this drama of meat placing to stir up social unrest .... Bjp goons hats off to you and Pramod Muthalik for creating social disturbances
naren and viren need some treatment for their mental condition.... i can offer both a better treatment.
viren, bhatkal bjp gooons did this in past also. This time police wanted to frame 1 innocent boy also. psi has taken sunil naik bjp leader name who has given money to 1 person name uday goonda to buy cow meat to throw in dewastan.
I wonder fools like #1 still exists in Karnataka... Want to give merit to the evil doers even if they are exposed of their evil. Only devils are happy when some one is harmed... and dont be a devils agent by supporting the Evil..(throwing beef and blaming others)
More deceptions will spill out in near future in Shaa Allah.
Viren u r one of the educated illiterate person on this planet....if the same allegation she put on muslim community then she is a very good police, otherwise, she is mental.....the whole India knows who are the main culprits are except some communal people like u....
Ms Revathi is 100% correct, hats off brave police officer Revathi
Viren!! Who need treatment for them this statement is funny. This is not the first time. Whenever One particular community is involved in any illegal thongs and get caught, then he is mental. Naren antinationalist need itch guard.
The true face of saffron forces unveiled again. Pity on them. Such people dont hesitate to destroy their own family for political gains.
Lol. funny allegations. I think she needs some treatment for her mental condition.
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