Hyderabad has emerged as the world’s most dynamic city on better performance in socio-economic and commercial real estate, global property consultant JLL India said.
Seven Indian cities feature in the top 20 in this year’s ranking, despite economic slowdown, it added.
Bengaluru has been ranked second while Chennai is at fifth and Delhi at sixth position in the list of 130 cities across the world.
Pune, Kolkata and Mumbai stood at the 12th, 16th, and 20th positions, respectively, according to JLL ‘City Momentum Index’ that combines socio-economic and commercial property metrics to identify the world’s most dynamic city economies and real estate markets.
“Hyderabad has been assessed as the world’s most dynamic city from amongst 130 cities across the globe,” JLL said in the report.
Hyderabad scores among the highest globally across a range of economic indicators such as GDP growth, retail sales and airport passenger growth.
Last year, Bengaluru was at number one position and Hyderabad ranked second.