Bangalore has been ranked 12th in the list of top 20 technology-rich cities in the world, according to a survey conducted by global property consultant Jones Lang LaSalle (JLL).
“Bangalore has helped India debut on the ‘City Momentum Index’ Top 20 list ?- an annual survey carried out by JLL globally. Reinforcing the city’s status of being one of India’s premier technology centres, Bangalore figures at No. 12 in the Top 20 technology-rich cities globally,” JLL India Chairman and Country Head Anuj Puri said in a statement."
Good economic growth, investments in infrastructure, presence of startups and significant supply of prime office space are some of the factors that contributed in Bangalore’s strong performance in the survey.
"Interestingly, Bangalore pipped other Asia Pacific cities in demand for office spaces. Robust demand for commercial space from the IT sector and associated IT-enabled services is helping boost absorption levels -- highest in the Asia Pacific region," JLL said."
Source- Realtyfact
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| Bangalore City |
London, San Jose and Beijing are top three cities on the list.
Puri said the economic as well as real estate momentum in Bangalore has gained pace as tech-industry majors line up to enter the market or expand in the city.
“Bangalore has helped India debut on the ‘City Momentum Index’ Top 20 list ?- an annual survey carried out by JLL globally. Reinforcing the city’s status of being one of India’s premier technology centres, Bangalore figures at No. 12 in the Top 20 technology-rich cities globally,” JLL India Chairman and Country Head Anuj Puri said in a statement."
Good economic growth, investments in infrastructure, presence of startups and significant supply of prime office space are some of the factors that contributed in Bangalore’s strong performance in the survey.
"Interestingly, Bangalore pipped other Asia Pacific cities in demand for office spaces. Robust demand for commercial space from the IT sector and associated IT-enabled services is helping boost absorption levels -- highest in the Asia Pacific region," JLL said."
Source- Realtyfact
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