Bengalureans, be proud! You live in the world’s most ‘dynamic’ city
- Survey by consultancy JLL rates Bengaluru at top of 10 most dynamic cities globally.
- Hyderabad, the only other Indian city on the list, is at fifth spot.
- The growth of the financial sector and investments in infrastructure have contributed to Bengaluru’s rise.
FollowAfter image took a battering over the incidents of mass molestation during New Year celebrations, the city finally has something major to cheer about. A survey by real estate consultant Jones Lang LaSalle (JLL) has declared Bengaluru as the most dynamic city in the world, based on its financial base and growth of commercial real estate.
JLL is likely to release its comprehensive survey on February 1. The table that follows shows the top 10 most dynamic cities in the world according to the survey.
|
1 |
Bengaluru (India) |
|
2 |
Ho Chi Minh (Vietnam) |
|
3 |
Silicon Valley (America) |
|
4 |
Shanghai (China) |
|
5 |
Hyderabad (India) |
|
6 |
London (England) |
|
7 |
Austin (America) |
|
8 |
Hanoi (Vietnam) |
|
9 |
Boston (America) |
|
10 |
Nairobi (Kenya) |
, which is in competition with Bengaluru, is in fifth place in the list. According to the survey, the improvement in financial transactions, urbanisation, massive investment in building infrastructure, new start-ups and the availability of space for new companies were the determining factors for Bengaluru to find its place at the top.
In addition, metro rail services, good transport services through the Outer Ring Road and the provision of foreign direct investments have contributed to the growth of financial transactions in the city.
Bengaluru has been supporting India’s economic growth and the development of science and technology for decades. Massive enterprises like HAL, NAL, BEL and BHEL have contributed largely to the field of technology. ISRO, DRDO, Raman Research Institute, IISc and other institutes have been promoting the study of basic sciences for decades now.
As a result of these initial investments, the information technology sector has rapidly developed in the city. Even the state governments have been liberal in their rules and regulations and are giving timely support for the growth of science and technology. Recently, Bengaluru has caught the world’s attention with the growth of start-up investments in the city.
