New DELHI (Taiwan News) -- Hyderabad, the capital of Telangana state of India, tops the list of the 10 best metropolises in the Asia-Pacific region that would be targeted by investors this year.
In a report, "Betting on Asia-Pacific’s next core cities," released by the international realty consultant, Cushman and Wakefield, put Hyderabad on top of the list, followed by Bangkok in Thailand, Manila in the Philippines, Guangshou and Shenzen in China, Bengaluru, Mumbai, Pune, Chennai and New Delhi, all in India.
Most global investments this year would be in commercial office assets as leading Indian cities were well placed to outperform their counterparts in emerging Asia-Pacific economies, the report said.
In compiling the report, the agency used the strategic location indicator and selected emerging markets that will offer investors the opportunity to tap into long-term growth fundamentals.
Confederation of Real Estate Developers' Association of India president Jaxay Shah said the real estate sector was receiving policy attention with Real Estate Regulation and Development (RERA) Act 2016.
The Asia-Pacific remains a viable target for global capital, said Sidharth Goel, senior director (research services), Cushman and Wakefield.