Commercial, Residential, Rental Properties in India
Real Estate India: IndianGround.Com
IndianGround.Com » Bangalore » About Bangalore
About the City - Bangalore (Bengaluru)


Bangalore (Bengaluru), the silicon valley of India is the capital and largest city of the state of Karnataka in India. With about 5 million inhabitants, it is India's third largest city and fifth largest metropolitan area.

After India gained independence in 1947, Bangalore evolved into a manufacturing hub for heavy industries such as Hindustan Aeronautics Limited and Indian Space Research Organization. Within the last decade, the establishment and success of high technology firms in Bangalore have lead to the growth of Information Technology (IT) in India. IT firms in Bangalore employ about 30% of India's pool of 1 million IT professionals.

The city is also the Training Center for the Indian Air Force, the Madras Engineering Group (MEG) and Central Military Police, the latter two being arms of the Indian Army. Bangalore is a 1 point "World City", and one of only three "World Cities" of India.

Bangalore is also known as the "Garden City of India" has positioned itself as the Mecca of software companies. It’s the undisputed queen as the first choice for NRI investors

Rental/Lease Value of commercial property in Bangalore, (Bengaluru)

The booming IT, ITES and R&D sector of Bangalore has played a pivotal role in changing commercial real estate scenario of the city. With government promoting investments in the IT Corridor; the Suburban Business District (SBD) consisting of areas such as the Electronic city, Whitefield road, Hosur etc, have become prime locations for commercial ventures like Grade ‘A’ office spaces so also areas like Richmond road of the Central Business District (CBD).

Commercial rental spaces in Banglore

With more foreign investments in the city and their Indian counterparts competing for the global look, there is a huge demand for the international state-of-the-art offices. And with top developers in the city settling down for the customized built-in spaces, the new projects are showing a growing trend of being booked even before the completion period.

The CBD and the SBD areas are expected to cater to 15-20% of the demand in the next couple of years. The adjoining ‘peripheral’ areas of Bangalore is seeing a trend of rising prices as the developers are targeting these areas with promises to allot quality spaces at reasonable prices.

Real Estate Bangalore - Buy, Sell, Rent Properties, Commercial, Residential Land Plots, Office and Retail space from reputed builders/developers by our qualified real estate agents with extensive experience in Bangalore properties.







Sign Up for Real Estate Trends, News, Events in India


 


Invest in Indian Real Estate - Apartments/Flats - Houses - Office Space - Land
Property Market India | Calculators | Real Estate Glossary| Advertise | Feedback

Copyright © 2006-2014 - Site Terms & Conditions - Disclaimer - All Rights Reserved.

The entire content of the IndianGround.Com website is protected under the provisions of related Indian and International copyrights acts. For more information refer to our site disclaimer and terms of use.