Bangalore 12th in list of world’s top 20 tech-rich cities!! According to a survey conducted by global property consultant Jones Lang LaSalle (JLL) Bangalore has been ranked 12th in the list of top 20 technology-rich cities in the world

Bangalore has helped India debut on the ‘City Momentum Index’ Top 20 list – an annual survey carried out by JLL globally. Reinforcing the city’s status of being one of India’s premier technology centres, Bangalore figures at No. 12 in the Top 20 technology-rich cities globally,” JLL, India Chairman and Country Head Anuj Puri said.

Good economic growth, investments in infrastructure, the presence of startups, and a significant supply of prime office space are some of the factors that contributed to Bangalore’s strong performance in the survey. Puri said the economic as well as real estate momentum in Bangalore has gained pace as tech-industry majors line up to enter the market or expand in the city. As for the office space, these start-ups might also be taking advantage of office mapping software or a floor planner to arrange the seating areas and layout of equipment. This can help them categorize the space and visualize workflow on the floor plan. Going this route can help them stay within the required area, thus saving them money by not having to rent more space.

An increase in the number of high-tech startups registered in the city over the past year has also helped boost Bangalore’s score, reflecting its strengths in innovation and depth of venture capital funding. Interestingly, Bangalore pipped other Asia Pacific cities in demand for office spaces. Robust demand for commercial space from the IT sector and associated IT-enabled services is helping boost absorption levels – highest in the Asia Pacific region