Hyderabad has edged out 129 other cities in the world to emerge as the world's most dynamic city as per the rankings by JLL City Momentum Index 2020. 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. JLL said that Hyderabad got the first rank because of several key economic indicators like GDP growth, retail sales, and air passenger growth. On the other hand, Bangalore ranked second in this index while Chennai secured fifth and Delhi got the sixth position.
This report was first published in Telangana Today. You can read the full report here.