Bengaluru likely to emerge as world's fastest‑growing major city by 2035: Report
New Delhi, May 4
Bengaluru has been identified as the world's fastest‑growing major city by 2035, driven by a strong talent base and its rise as a Global Capability Centre hub, a report said on Monday.
The report from property consulting firm Savills said its index -- which assessed 245 cities -- placed multiple Indian cities in the top 20 and found Asia Pacific accounted for 85 per cent of these fastest‑growing cities.
Asia Pacific cities accounted for three-quarters of the top 50 sports in the index, where India, Vietnam, and China lead the momentum. Factors such as a young, skilled workforce, rising inward migration, and expanding high-income households are key drivers of growth for Indian cities placed in top twenty spots.
These high-growth cities are expected to see rapid evolution in real estate markets, creating strong opportunities for investors and developers across sectors, the report noted.
Cities were assessed across multiple economic indicators, including city GDP growth through to 2035, personal wealth growth, population dependency ratio, inward migration, and the number of households earning above $70,000.
Only cities with a GDP of $50 billion or more in 2025 were included.
"Bengaluru's ranking as the world's fastest growing city is a reflection of India's structural strengths - a young, skilled workforce, a maturing technology ecosystem, and accelerating demand from global corporations establishing capability centres," said Arvind Nandan, Managing Director, Research & Consulting, Savills India.
India's rising presence in the index signalled that the country's urban growth engine is broad-based, and real estate markets across its major cities are poised for significant expansion over the next decade, he added.
Savills India, in another report, stated that demand for offices in India remains robust, driven by GCC expansion and occupier preference for Grade-A, sustainable workspaces.
Private equity investment into India's real estate sector rose 66 per cent year‑on‑year to $1.2 billion in Q1 2026, it noted.
— IANS
Reader Comments
This is great news! India's young workforce is truly our demographic dividend. The fact that multiple Indian cities are in top 20 shows we're not just a one-city story. Real estate will boom, but I hope affordable housing doesn't get left behind.
Impressive numbers! But I've lived in Bengaluru for 5 years and the infrastructure hasn't kept pace with the IT boom. $70k+ households growing is good, but what about the middle class? They're the backbone of this growth. Hope sustainability isn't sacrificed for speed.
Savills report or not, anyone living in Bengaluru knows the struggle is real. Rents are sky-high, traffic is killer, and lakes are disappearing. Growth without planning is just chaos. But yes, the talent pool is unmatched - that's why GCCs keep coming.
Good to see Indian cities dominating the list. The rise of GCCs is a smart shift - companies want talent without the Silicon Valley price tag. But Bengaluru needs to invest in metro expansion, waste management, and green spaces. Growth should be inclusive, not just for corporates. 🌱
I'm an entrepreneur in Bengaluru and this resonates. The ecosystem is buzzing - startups, R&D centres, engineering talent. But my concern is the environmental cost. We're losing lakes and green cover at alarming rate. Can't be 'world's fastest growing' if we can't breathe clean air.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.