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
If you study Hinduism in deep you will get mad. Like
1.Brahma got married to his daughter
2.Draupadi had affair with Karna.
3.Shiva chopped one head of Brahma
4.Shiva used to take ladies avatar for fun.
5.Ayyappa is the son of shiva & Vishnu.
6.Hanuman got married to crocodile.
7.Shiva failure to recognise his son ganapathy.
In reality following hinduism is like worshipping everything. Creator and his creations.
If you go for study, you will come to know that its an imaginary story not real like cartoons.
Ram is based on kaalpanic story of Valmiki(Thief)
In Sri Lanka there is no evidence of Rama. Its only available in Nagpur.
Good comedy serial the new tele serial mungere lal key haseen sapnee India never sleeps with all such comic episodes.
Dis guy is begging to change the religion hahaha....i dont understand y all saffron groups are so worried abt Muslim.
o barking dogs go to china and pak boarders area save our country...
ONLY Hindus converting to Islam. They know that Islam
IS TRUE religion.
No educated Muslim will Convert to Hinduism. Its impossible.
So stop dreaming. Look vhp's family members might converted to Islam.
Look at ur own house first.
Ondu Manga ninthu yeno bagulatthe adanna kelalu saviraru Mangagalu Kulithive.Yentha Vipariyaasa kanri.
What a Joke sir ji.
We dont want to be with you people in Jahannam.You people carry on.We are happy as a Muslim.
Such a huge majority of population....don't know why they are afraid of minorities....
So now on everyone go and live in jungle....
Where to find ravana....
Should ignore wife and kids in jungle....and can't recognize own kids?..
Really difficult task ....
And what about other gods..... forget them....come on
Rama couldnt save his own wife sita. How can he save u
Barking dog first you try to secure by yourself & your leaders those who are depend under government security.... Muslims dont need protection from you, Alhamdulillah we have one god Allah to protect us...
People like you are 2% in this country barking to spoil the peace & harmony between society.
Do not try to check patience of your own community peace lovers of society... Soon time will come where your bajarangis will start searching to enter space like rats... ha ha ha...
those hindu community k liye kalank hai.... True Hindu tho o hai jo peace lover hai....
@ Senior Vishwa Hindu Parishad Leader... who are you to protect others? You Cannot protect Yourself unless Allah wills... You are the black sheep of Hindu Dharma Coz your thoughts itself indicates that you are an atheist. You don't belong to any religion,
I wonder who will protect you fromAllah if you did not repent and accept Muhammad (peace be upon him) as your prophet
A 'Jain' asking 'Muslims' to convert to 'Hinduism'. Excellent example for communal harmony in feku (i dont mind if you read 'e' as 'a') age.
when Mr Jain converted to Hinduism ? just ignore his lose talk
To know how God created all that exists....
The Non Muslims should read THE QURAN... U will come to understand who is following what.. (U can try thequranproject online)
And to follow Prophets of God ... It needs God's blessing...
Some hate mongers are missing and they even cannot identify whats good and whats bad to the society.
To honest people on EARTH... Just ask once \oh the one who put Soul in me ... GUIDE me...\"
U will surely SEE the real colors of LIFE of who is with whom, if your INTENTION is right... TRY IT.."
Prophet Adam (peace be upon him). Was the first human being came to the earth. So by all means all are in this world should be Muslims. So now if all Hindus revert to Islam we will give you security to eat beef.
Mr. Beans & Mr. Badane of our Mangalore. Please be aware that most of good hindus are not following these goons. Jobless chaddis..oh sorry panties. They could able to gather only this much crowd. Beary nakulna madmed ned dhla jaasti jana barpundu maarre.
mental manja, now the statement clearly says if muslims dont shun islam then they are under threat ?
i cant stop laughing hahahahaha, we dont need the protection of chaddis.
OUR PM has joined with paksitan, will you boycott our PM .
Bloody hypocrites.
This Bullshit has nothing to do... Spreading venom in the society.. and useless govt continuing their silence towards these Sangah Parivaar, Why the Govt can't ban the anti social elements..
Islam is such a golden religion, don't you ever think that in your dreams....
India Ninna Ammena astiya?? Dirty people with dirty culture.
Shia Sunni ok! Dalit, Jain, Brahmins yaake? Y this Kolaveri D thaatha?
Quote\ Jain went on to claim........if they want to remain in India\"
unquote
May be Jain needs treatment in Mental Hospital as he says the above sentence to Hindu brothers & sisters which is impossible and he is fully aware of it.
then why barking ...... ?"
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