Bengaluru is Most Dynamic City in the World

Wednesday 18th January 2017 08:54 EST
 
 

BENGALURU: At a time when India's IT capital Bengaluru finds itself amidst troubles related to female safety, it has been tagged as the 'Most Dynamic City in the World'. Beating the Silicon Valley, in the US, and Shanghai, China, Bengaluru topped the ranking released by real estate consultancy firm James Lang Laselle at the World Economic Forum in Davos.

The list was derived from a couple of parameters such as population, technology, and R&D, connectivity, output and corporate activity, education, and real estate investment. The city saw close competition from Hyderabad that found a spot on number 5. Indian capital New Delhi found itself in the top 30 cities, its reputation marred by the unbearable smog situation. In the report, JLL said the cities "integrated change and technology into their DNA."

Pleased by the list, Karnataka IT Minister Priyank Kharge said, "This gives us a boost at the global level- whether it be with collaboration or investments. The pace at which Bengaluru is growing is perhaps responsible for this tag."

Other Indian cities on the list are Pune, Chennai, and Mumbai, sharing the top 30 slots with New York, San Fransisco, Melbourne, Los Angeles, and Stockholm. The report pointed out that liveability was an important parameter. "For example, affordability and space constraints in San Fransisco (No. 21) contributed to knocking that city out fo the top 20 for the first time and Hong Kong out of the top 30. The environment is also becoming a more critically determining factor in the index. Although in the top 30, Delhi (No. 23), and Beijing ( No. 15) were hindered by poor environmental scores," the report said.


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