How Electronic City attracts realtors

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How Electronic City Attracts Realtors

                  Bangalore, the garden city of India is already on the global map and has become an important technology hub in the Asian sub-continent. The city is an IT nerve centre and earned the sobriquet Silicon Valley of Asia.
                 Over 2.5 Lakhs IT Professionals and over 103 Research and Development Institutions are based here.(Source: The Times of India) The city is also home to a number of science and research establishments and educational institutions.
                 An ideal eco system, the strong base of R & D Institutions set up both by the Government and private sectors, highly skilled human resources, cosmopolitan culture, very good climate and an Industry – friendly policy of the State Government are the fundamentals of Bangalore city which attract IT sector to get them to set up here. Apart from these, the existence of large number of MNCs are added attractions.

The availability of high tech professionals and the presence of research institutes are the most important reason for the decision of software firms to set up offices in Bangalore. The United Nations ranked Bangalore as the fourth largest global hub of technological innovation. The IT cluster in Bangalore is the biggest in India and the fourth largest in the world, with nearly a third of these companies located in Bangalore. ( Source : The Times of India)
There is one name to remember in these achievements of India i.e., Electronic City. Electronic City in Bangalore is the name behind placing India on the world map of IT.
Electronic City – the software hub – has set a benchmark in the industry with its contributions to the world of technology. A number of major and minor software firms have set up office here. Most of the major software companies like Infosys, Wipro, Satyam and Siemens are operating from here. Atleast, over two lakhs employees are working in Electronic City alone.

                  An industry – friendly policy helps the Government to realize the need for promoting towns and semi-urban centres around Bangalore.
                  A lot of developments are going on in this area. Even there is non availability of land nearby Electronic City areas atleast up to five kilometer, a lot of residential enclaves and malls are coming up. These areas are fast becoming self-contained enclaves as nobody would want to travel all the way to Bangalore City just to shop.
                  Many road projects around here are happening very quickly. Attibele – Bommasandra – Vsrthur project, Attibele – Anekal – Jigani project and NICE project from Mysore Road to Magadi Road are some of them. Once the Attibele – Bommasandra – Varthur stretch is completed, the traffic jams are likely to reduce.
                  Although there is not much land available very close to Electronic City, there are developments in the locality with apartments, paying guest accommodations, hostels and other facilities available here. A number of residential complexes are coming up here to cater to the growing needs of people in and around Electronic City.
                  There are residential enclaves in and around this area with facilities like supermarkets, departmental stores, colleges, restaurants, hospitals, etc., in close locality. Apartments and villas with world class facilities, club house, gymnasium, gardens, swimming pool, multi purpose hall, children’s play area, health club, 24 hours security and power back up, etc. are available here.
Large retail stores and restaurants are looking forward to Electronic City to set base to enhance the prospects for development and a boom in these areas. Much work has already happened on the infrastructure front in these areas. The infrastructure being planned here in terms of roads will make things better.

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