Will Hyderabad overtake Bangalore?

Echoing the sentiment, JLL India CEO & country head Ramesh Nair said Hyderabad is poised to overtake Bengaluru to become the largest office space absorption market in the country this year at an estimated 11.4 million sq ft from 7.1 million sq ft in 2017-18.

Is Hyderabad overtaking Bangalore?

Hyderabad secured the second spot after Bengaluru in office space absorption in 2020, overtaking the National Capital Region (NCR) as firms such as Google, IBM, Wells Fargo, Wipro and Smartworks took up more space on lease. … In 2019, Hyderabad had come close to 10 million sq ft office leasing for the first time.

Is Hyderabad growing faster than Bangalore?

Two of Asia’s three fastest-growing cities are Bangalore and Hyderabad in southern India. … Bangalore is Asia’s fastest-growing city, which Colliers sees as the number 1 location for technology tenants, and expects 4.0% rent growth in 2020, and 3.2% on average over 2019-2024.

Can Hyderabad overtake Bangalore Quora?

For Hyderabad to get the the level Bangalore is at today(only in the IT sector), it might easily take 10–15 years, perhaps more. By then, Bangalore would have already overtaken Silicon Valley as the biggest IT exporter of the world.

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Is Hyderabad the new Bangalore?

Introduction. Bangalore is the capital city of Karnataka while Hyderabad is the capital city of Telangana. Both are equally important Indian cities in terms of foreign investment, economic contribution and information technology (IT).

Which airport is bigger Hyderabad or Bangalore?

Air- passenger traffic in Bengaluru is almost 50 % higher than Hyderabad. … Hyderabad airport has a terminal area of 107,000 square meter; BIAL is much smaller at 71,000 square meter. Hyderabad can handle 3200 passengers per hour, whereas BIAL can handle only 2733 passengers per hour.

How fast is Hyderabad growing?

Hyderabad, with an 8.47% GDP growth, holds the second place among metropolitan cities in India. “Hyderabad will be the second-fastest growing city in the world.

Which city is better Bangalore or Hyderabad?

Unlike Bangalore, you can reach almost any destination in Hyderabad within 20-25 minutes. But then, Bangalore surpasses Hyderabad in terms of climatic conditions. … In comparison to Hyderabad, the quality of construction and project architecture in Bangalore is much better.

Is Chennai bigger than Bangalore?

Currently, the area of Chennai is 1,189 sq km, Mumbai 4,354 sq km, Hyderabad 7,100 sq km and Bengaluru 8,005 sq km. …

Is Pune bigger than Hyderabad?

delhi vs beijing full city comparison unbiased 2018. pune comparison. hyderabad city. hyderabad.

Hyderabad Pune
Area 650 km² Mega City: 331.26 km² Metro City: 17,256.46 km²
Population 1 Crore 70 Lakh

Can Hyderabad overtake Chennai?

Data released by the Airports Authority of India (AAI) shows that Hyderabad airport has notched up higher growth in the number of domestic passengers travelled than Chennai. … The rate at which Hyderabad is progressing, it will soon overtake both Chennai and Kolkata, said AAI officials.

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Can Pune overtake Bangalore?

Information technology companies prefer Pune over a city Bangalore because of the lower real estate costs involved in setting up operations here. In fact, the more rational real estate costs in Pune provide another major plus-point.

Is Hyderabad developing Quora?

Why is Hyderabad City developing so fast? Hyderabad is among the top-10 fastest-growing cities in the world, according to the World Economic Forum (WEF). Interestingly, all 10 of the fastest-growing cities in the world are in India.

Why is Hyderabad growing?

With its affordable cost of living, cosmopolitan culture, moderate climate, best civic infrastructure, ease of commuting, warmth of people, world-class healthcare facilities, availability of talent and the vast economic opportunities it offers in a host of sectors, this technology hub is already one of the fastest …

Is Hyderabad the next Silicon Valley?

Hyderabad is the next ‘Silicon Valley’ of the country, says Karan Virwani, CEO of co-working space provider WeWork India.

Why is Hyderabad emerging?

The state’s robust economy, good infrastructure, strong IT/ITES, pharma and life sciences industry, presence of large number of research organisations, availability of vast talent pool, relatively low real estate price and entrepreneur friendly policies of the state government have helped Hyderabad emerge as a major …