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

By Forbes India

Jun 03, 2017, 08:47 IST1 min

1/4

City: Pune
Commercial Attractiveness Index rank: 155
Economic Size rank: 116

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2/4

City: Kolkata
Commercial Attractiveness Index rank: 90
Economic Size rank: 63

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3/4

City: Ahmedabad
Commercial Attractiveness Index rank: 153
Economic Size rank: 92

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4/4

City: Surat
Commercial Attractiveness Index rank: 289
Economic Size rank: 111

A 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 assets across India, these developments are encouraging increased interest from international investors of the likes of Blackstone, GIC and Brookfield.

Image by Amit Dave / Reuters (for illustrative purposes only)