Bengaluru is projected to become the world’s fastest-growing major city by 2035, driven by a robust talent pool and its emergence as a Global Capability Centre hub, according to a report by Savills. The study, evaluating 245 cities, highlighted multiple Indian cities in the top 20, with Asia Pacific dominating 85% of the fastest-growing cities. Factors such as a young, skilled workforce, increasing inward migration, and expanding high-income households are key contributors to the growth of Indian cities in the top rankings.
Asia Pacific cities, particularly in India, Vietnam, and China, lead the momentum, with three-quarters of the top 50 spots in the index attributed to the region. The report emphasized that these high-growth cities are expected to witness rapid developments in real estate markets, offering lucrative opportunities for investors and developers across various sectors. The assessment considered various economic indicators, including city GDP growth projections until 2035, personal wealth growth, population dependency ratio, inward migration, and the number of households earning above $70,000.
Cities with a GDP exceeding $50 billion by 2025 were considered in the evaluation. Arvind Nandan, Managing Director of Research & Consulting at Savills India, attributed Bengaluru’s top ranking to India’s structural strengths, such as a young, skilled workforce, a maturing technology ecosystem, and increasing demand from global corporations setting up capability centers. Nandan also highlighted that India’s growing presence in the index indicates broad-based urban growth in the country, signaling significant expansion opportunities in real estate markets across major cities in the coming decade.
Savills India, in a separate report, noted the strong demand for office spaces in India, driven by the expansion of Global Capability Centers and occupier preference for Grade-A sustainable work environments. The report highlighted a 66% year-on-year increase in private equity investments in India’s real estate sector, reaching $1.2 billion in the first quarter of 2026.
