Bengaluru Tops Savills’ Fastest-Growing Cities Ranking

Bengaluru has been ranked the world’s fastest-growing major city through 2035 in Savills’ Growth Hubs Index, which is part of the firm’s Resilient Cities research programme. The index assessed 245 cities globally using projected GDP growth to 2035, personal wealth expansion, demographic trends, inward migration, and the number of high-income households.

Savills Growth Hubs Index

The Growth Hubs Index is a global city ranking that measures expected urban and economic growth over a long-term horizon. Savills is a global real estate advisory firm that publishes research on cities, property markets, and investment trends.

Bengaluru’s Ranking Factors

Bengaluru’s first position is linked to its talent pool and its role as a destination for Global Capability Centres, or GCCs. GCCs are offshore units set up by multinational companies for functions such as technology, finance, analytics, and operations. India had multiple cities in the top 20 of the index. The ranking placed India among the leading country groups in the study, alongside cities from Vietnam, China, the Philippines, and Malaysia.

Asia-Pacific City Concentration

Asia-Pacific cities accounted for around three-quarters of the top 50 and 85% of the top 20 fastest-growing cities in the ranking. Manila and Kuala Lumpur were among the cities placed in the top 20. The report linked high-growth urban centres with demand in residential, commercial, and infrastructure segments. Real estate markets in such cities are classified by rising activity in housing, office space, and transport-linked development.

Important Facts for Exams

• Bengaluru is also called India’s technology and GCC hub, with a large concentration of multinational firms.
• Savills is a global real estate advisory firm with operations in multiple countries.
• GDP growth, inward migration, and high-income households are common indicators used in city growth studies.
• Asia-Pacific is one of the most important regions in global urban growth rankings.

Urban Growth and Real Estate

Urban growth rankings are used in real estate research to compare long-term city prospects. Bengaluru’s placement places it among the major global urban centres tracked for economic and property-market expansion through 2035.