Bengaluru Set to Become World's Fastest-Growing Major City by 2035: Report
New Delhi, May 4 (IANS) 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 assessed 245 cities and placed multiple Indian cities in the top 20. It found that Asia Pacific accounted for 85 per cent of these fastest-growing cities. India, Vietnam, and China lead the momentum in this region.
Asia Pacific cities accounted for three-quarters of the top 50 spots in the index. 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 the 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 in the assessment.
“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 Global Capability Centre (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.
