Worth Your Money: Top 4 Commercial Hubs In Bengaluru
Bengaluru, popularly referred to as India's Silicon Valley, has in the past few years emerged as one of the most viable cities in the country for commercial real estate. The city has witnessed a rise in returns on commercial investments and demand for commercial spaces. From global giants to Indian biggies, and even start-ups, all look to Bengaluru as the city to set up base in.
So, if you plan to take up an office space worth your money in Bengaluru, MakaanIQ lists top four major commercial hubs in the city that you could look at. These insights are based on extensive market analysis by PropTiger DataLabs:
One of the prime locations for commercial space in Bengaluru, Whitefield is mainly driven by the IT/ITeS sector. The area, thanks to its location -- in the heart of the city and with an excellent social infrastructure -- is home to some of the leading IT parks.
Among the major commercial centres in Whitefield are International Tech Park (India) Ltd (ITPL), Sigma Technology Park, MFAR Silverline Tech Park, Brigade, and Gayatri Tech Park.
Electronic City was set up to cater to a rising need for commercial space. The locality today is home to many prominent IT companies, both global and Indian. Interestingly, a significant portion of the entire India's software export takes place from here. The locality is witnessing a huge inflow of professionals from within the country and even abroad.
Some of the prominent commercial centres in Electronic City are Infosys JP Park, Cyber Park, Velankani Tech Park, Hewlett-Packard Prathik Tech Park, and Venkatadri IT City.
Sarjapur, located in Southeast Bengaluru, is one of the top commercially desired addresses in the city. It is well-connected to other key commercial and residential areas of Bengaluru. Growth seen in this locality as a commercial hub was mainly driven by the availability of land at affordable prices.
Some of the key commercial centres in Sarjapur are Embassy Tech Square, Prestige Tech Park-II, Prestige Tech Park-III, Pritech Park-SEZ and RMZ Ecospace.
Originally, Yelahanka was conceptualised as a satellite town of Bengaluru. The availability of well-developed infrastructure and excellent connectivity has been a key reason for high investment boom in Yelahanka. The locality is a prime commercial location, driven by its proximity to an international airport and relatively affordable property rates.
Some of the prime commercial centres in Yelahanka are Kirloskar Business Park, Manyata Tech Park, Yeshwanthpur Industrial Area, Peenya Industrial Area and World Trade Center.