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."
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I blame students and parent as well why they took admission in such a co education school which principally is against the religion .....
I blame the student who gOt admission in such a school where there is co education even that is also against islam...
Atleast, can this PROFESSOR help me in identifying these super models in the architecture of Belur Temples?
In Mahavir Charitra , Rama's wife Sita Also observed Hijab. #RespectSita
Some people dont know what is beauty of islam ,
what islam means please try to go thru that for u r knwolege
isis talaiban is not islam dont be mis understand that for islam and isi no matchable that against the islam
This lecturer doest know the principles of democracy everyone has right to practice there religion, before inducting such type of lecturers in college, management has to arrange induction programme with proper teachings of moral values and civil rights of society, with only proper action we can root out such type of communally hatred people.
BIBLE SAYS:
1 Corinthians 11:5-6 : But every wife who prays or prophesies with her HEAD UNcovered DISHONORS her head, Since it is the same as if her head were shaven. For if a wife will not cover her head, then she should cut her hair short. But since it is DISGRACEFUL for a wife to cut off her hair or shave her head, let her cover her HEAD.
VEDA says :
Rig VEDA Book no 8 Hymn no 33 V.no. 19 : When Brahma has made YOU a WOMAN, You should lower gaze and should not look up. You should put your feet together and you should not reveal what the garment and the veil conceals.
QURAN Chapter 33 V 9 : O Prophet! say to your wives and your daughters and the women of the faithful to draw their outer garments close around themselves, that is BETTER that they will be recognized and not annoyed. And ALLAH is ever forgiving , Gentle.
Many people follow the MEDIA which mostly controlled by those who doenst believe in the GOD and
IGNORE what is taught in the RELIGIOUS book which is enlightened by the messengers of GOD for MANKIND...
U decide U want go with the believers in God or not? I congrats MUSLIM who stick to the RULES of GOD....By ignorance many attack them for following God's rule without true knowledge of GOD.
such issues should be tried to clear internally as a first preference, if same repeat again peaceful protest should be done.
Jai campus front
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