Bangalore has assumed the numero uno position among the top 21 business destinations in the country on the basis of infrastructure, human capital, city culture and basic quality of living and emerged as the “Hottest business destination in India”according to a study

With its strategic location in the southern peninsula, good connectivity, high quality of talent pool, good availability of office space, high quality education system, besides a welcoming and multifarious city culture, Bangalore has been ranked by the study as the best location for businesses.

GIREM, the organization which conducted this study, said: “Bangalore has one of the highest footfalls of business travellers in the country driven by the booming IT/ITes sector. It also has one of the most resilient real estate markets that offer commercial space at much more competitive rates than Delhi, Mumbai or Gurgaon. Through projects such as the Express Rail Link to BIAL, Namma Metro project and the Biotechnology Park, the city is fast emerging as an all-round contender for business investment.” Though Bangalore secured a total score of 129.56 out of 160, leads in parameters such schools and colleges, ability to attract talent, office space availability and city culture, the city lags behind in a few other parameters.

“Bangalore is marginally good in human capital and healthcare services and marginally bad in energy, housing, malls and multiplexes and getaways compared to other cities,” the study said.