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."
Comments
Is she not liable to be arrested for making such HATE statements and offering rewards for killing somebody. Is the police sleeping?
He should be crazy, kidnapping her and for what ?
She is shouting to get the government support to start a new business, like ramdev established patanjali company by using politics mantra. \Ghanda hain par dhanda hain\".
People are using Zakir Bhai s name to get the international attention on them. You will find some Non-Muslims and Muslims struggler against Zakir Bhai.
Zakir Bhai name is enough to get the bread and butter for all strugler."
She is fit to be Feku / dakus wife....
WHAT A HORRIBLE WOMEN
WHY DON'T YOU DO IT YOURSELF, YOU CAN SAVE 50 LAKH AND GET 15 LAKH FROM MR'S = 110%'S. YOU CAN BECOME A HERO.
WHY THIS CRAZY WOMEN, COMMUNAL HARMONY DESTROYER LEFT OUT TO STAY OUT OF BARS?
WHY THE GOVT BECOMING DEAF AND DUMB ON HER STATEMENT AND OFFERING MONEY TO KILL SOME HUMAN?
IN WHAT WAY AND PRACTICE SHE BECOME A SADHVI?
Whos is Sadhvi Prachi......Desh Bakth?
Manga kayyali Manikya Kotre ide gathi
We Love n support DR.ZN
Now every Peace loving Hindu should stand united against her and denounce her terrorizing speech. Say boldly she does not represent any peace loving Hindus.
Hinduism does not reflect in her. If people like her continues to live, they then spoil the Hinduism or the religion what they represent.
If the government is fair, they should take immediate action by arresting her and prosecuting under law of the land.
Now there is no any surprise for any peace loving person declares a bounty of 1crore for head brainless head, if the government does not take any action against her.
Oh peace loving Hindus and Muslims be united, live together follow whatever your religion says, but please use your valued brain for understanding the true teaching of God.
Look at her .........like shit....she represents. A religion...?
Again the drain is open.......may be because of rain...
Need some good man to please her....so she is satisfied with something.....
Dear Majoosi sect please identity yourself & Hussaini Tiger organization address before placing 15 lakh on Dr Naik. secondly implement your Ayatullah fatwa & award on Rushdi.
Sadhvi is on drug. She has no capacity to give birth to baby how can she behead someone like Dr. Naik. Too funny.
We need organization to file criminal case against these organizations & individuals scums in the court.
A Killer / Murderer in Sadhvi's clothing?
What are the criminal charges for supari killing?
Can police arrest her and put behind the bars.
VHP and its allies are feeding and nurturing few lunatic creatures in its terror camps and utilize them in such cirumstances which becomes mockery every time they tries. Arnav Goswami must be a frustrated joker at this moment.
look at her face... looks like an ugly pig.... thiti kaaladalli naayi tara bogalabeke???? I don know whether ths pig knjows d speeling of d word TErrorist,,, forget abt d meaning.....
This is th lab test for BJP govt hope Indian home minister n law ministers will respect our constitution and they will take firm action against this crap sadvi. Trace out, from where she got fund to announce such big amount.Either may rss or israely grours are supporting to spoil peace in INDIA.
Such persons should not alive in India.should hang in public.
JAI HIND!
Lie and lie more. Taqiiyya artists all of you
Now what shall we call this? Peace lovers? Is this not terrorism. Wher is arnab and party now, dont they have guts to question or interrogate her why she is promoting terror and hatred in peoples mind and encourage killing??!!!!
See her ugly face ..did she ever seen 10k rupee in her life ..first spend some amount in beauty parlour.
Zakir Naik s head is more costlier than kohinoor diamond. just by wearing orange dress an uncultured woman will not become sadhvi.
There are many scholars got defeated by zakir bhai in debate. They have tried all their scholars after getting defeat they are using terrorism weopons against him.
It shows their impotency .
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