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Nine Indian Cities in JLL's latest 'Global 300' rankings

While Mumbai and Delhi have the scale to match their global counterparts, they are under-performing in terms of direct real estate investment

Jun 03, 2017, 08:47 IST3 min
 Apart from Mumbai, <strong>Delhi</strong> (Rank 22) is the only Indian city in the &#39Global Top 30&#39. On the Commercial Attractiveness Index, Mumbai is ranked at No.24 and Delhi at 26. In terms f economic size, Mumbai is at No 17. In terms of corporate presence, Mumbai comes ahead of San Francisco, Shanghai, Sydney, Singapore, Washington, Atlanta, Toronto etc. Delhi, too, is ahead of cities like Guangzhou and Frankfurt. Corporate presence is based purely on number of headquarters of the <em>Forbes 2000</em> list.
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Apart from Mumbai, Delhi (Rank 22) is the only Indian city in the 'Global Top 30'. On the Commercial Attractiveness Index, Mumbai is ranked at No.24 and Delhi at 26. In terms f economic size, Mumbai is at No 17. In terms of corporate presence, Mumbai comes ahead of San Francisco, Shanghai, Sydney, Singapore, Washington, Atlanta, Toronto etc. Delhi, too, is ahead of cities like Guangzhou a
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City: BangaloreCommercial Attractiveness Index rank: 69Economic Size rank: 75 Although some attention is starting to turn to the country, India&rsquos cities are not large recipients of direct real estate investment &ndash given the difficulties in accessing stock and market transparency.
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City: ChennaiCommercial Attractiveness Index rank: 79Economic Size rank: 81Most of the Indian markets are dominated by domestic players, rather than international investors. These lower rankings suggest that, for example, while cities like Mumbai and Delhi have the scale to match their global counterparts, they are underperforming in terms of direct real estate investment. It is also indi
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City: HyderabadCommercial Attractiveness Index rank: 109Economic Size rank: 147
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City: PuneCommercial Attractiveness Index rank: 155Economic Size rank: 116
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City: KolkataCommercial Attractiveness Index rank: 90Economic Size rank: 63
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City: AhmedabadCommercial Attractiveness Index rank: 153Economic Size rank: 92
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City: SuratCommercial Attractiveness Index rank: 289Economic Size rank: 111A number of key policy-level changes taken by the Indian government in recent times such as RERA, REITs, simplification of taxation, easing of FDI restrictions, are expected to be beneficial. Along with completion of new high-quality stock by commercial developers, which will increase the amount of investable asset
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