Bengaluru Named Fastest-Growing Major City by 2035
New Delhi: A new report highlights that Bengaluru is set to become the fastest-growing major city in the world by 2035. This growth is attributed to its strong talent pool and its emergence as a hub for Global Capability Centres.
The report, released by property consulting firm Savills, analyzed 245 cities and identified several Indian cities among the top 20 fastest-growing locations. Interestingly, the Asia Pacific region accounts for 85% of these high-growth cities.
Indian cities, along with those from Vietnam and China, dominate the list, driven by factors like a young and skilled workforce, an influx of new residents, and an increasing number of affluent households.
These rapidly developing cities are expected to experience significant changes in their real estate markets, creating attractive opportunities for investors and developers in various sectors.
The assessment took into account several economic factors, including GDP growth forecasts until 2035, personal wealth trends, population dependency ratios, migration patterns, and the number of households earning over $70,000. The cities evaluated needed to have a GDP of at least $50 billion by 2025.
“Bengaluru’s recognition as the fastest-growing city highlights India’s strengths, such as its youthful, skilled workforce and the growth of its technology sector,” said Arvind Nandan, Managing Director of Research & Consulting at Savills India. He also noted that India’s increasing representation in this index indicates a broad-based urban growth, suggesting that real estate markets in major cities are likely to expand significantly over the next decade.
Additionally, Savills reported that the demand for office spaces in India remains strong, fueled by the growth of Global Capability Centres and a shift towards high-quality, sustainable workspaces. Furthermore, private equity investment in India’s real estate sector surged by 66% year-on-year, reaching $1.2 billion in the first quarter of 2026.
