New Delhi, May 4: Bengaluru is projected to emerge as the fastest-growing major city in the world by 2035. This growth is attributed to the rapid increase in Global Capability Centers (GCCs) and a robust talent pool in the city.
According to a report by property consulting firm Savills, its index, which evaluated 245 cities, has ranked several Indian cities among the top 20. The findings indicate that 85% of the fastest-growing cities are located in the Asia-Pacific region.
Three-quarters of the top 50 cities in the index are from the Asia-Pacific, with India, Vietnam, and China leading the charge. Key drivers of growth for Indian cities in the top twenty include a young and skilled workforce, increasing internal migration, and a rising number of high-income families.
The report suggests that these rapidly developing cities are expected to see significant growth in their real estate markets, creating strong opportunities for investors and developers across various sectors.
Cities were evaluated based on several economic indicators, including projected GDP growth by 2035, personal wealth growth, population dependency ratios, internal migration, and the number of families earning over $70,000. Only cities with a GDP of $50 billion or more in 2025 were included in the assessment.
Arvind Nandan, Managing Director of Research and Consulting at Savills India, stated, “Bengaluru’s position as one of the world’s fastest-growing cities reflects India’s structural strengths, including a young, skilled workforce, a mature technology ecosystem, and a rising demand from global companies to establish capability centers.”
He further noted that India’s increasing presence in the index signals that the country’s urban development is broad-based, and the real estate markets of its major cities are poised for significant expansion in the coming decade.
In another report, Savills India highlighted that the demand for office spaces in India remains strong, primarily due to the expansion of GCCs and companies’ preference for Grade-A, sustainable workplaces.
The report also revealed that private equity investment in India’s real estate sector surged by 66% year-on-year in the first quarter of 2026, reaching $1.2 billion.
My name is Himanshu Tiwari. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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