According to the study conducted by international real estate consultancy JLL, two Indian capitals have made it to a top-30 list of the World’s most powerful, productive and connected cities.
- India’s national capital Delhi ranked at 24th.
- India’s financial capital Mumbai is placed at 22nd.
- The list is topped by Tokyo which is followed by New York, London and Paris in the top four “super cities”.
As per JLL, top-30 global cities account for 64% of the total cross-border investment into the “Global300’” which is an expanded index of the cities in terms of their commercial attraction or economic and real estate power and status.
Top-10 “improvers” list
Top-10 improvers are cities whose scores in the index of “commercial attraction” have improved the most over the past year. The index of commercial attraction is JLL’s primary benchmark of the size and strength of a city’s economy and real estate market.
- Mumbai is also on the top-10 “improvers” list.
- Other cities where commercial attraction has improved significantly include Milan (Italy), Istanbul (Turkey), Tehran (Iran), Madrid (Spain), Cairo (Egypt), Riyadh (Saudi Arabia), Lagos (Nigeria), Jakarta (Indonesia) and Jeddah (Saudi Arabia).
Mumbai is enhancing its position as a hub for global corporations, with firms among the world’s 2,000 largest companies headquartered in the city raised by 50% over the last 10 years.
Jones Lang LaSalle Incorporated or JLL is a professional services and investment management company specializing in real estate. It was formed by the merger of Jones Lang Wootton, a British firm and LaSalle Partners, a US company in 1999.
- Headquarters – Chicago, USA
- Chairman – Sheila Penrose