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Below report from Rediff about the growing demand for office space in Bangalore- the IT... [ SOLD ]
Region: Karnataka
Price:
INR 0
Bedrooms:
0
Property
Type: Commercial Property
Development
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Description:
Below report from Rediff about the growing demand for office space in Bangalore, the IT hub and the Silicon valley of India.
Bluevalley properties is building a state of the art office complex in the middle of Hitech city in south Bangalore and the project which is to be launched in June-09 is now available at a very attractive and reduced price of Rs.3750.00 PSQFT and when completed will be launched at Rs.4250 which is the current rate in Bangalore for Office Space.
As much as 8 million square feet of office space is under construction in Bangalore's suburban and peripheral areas. Out of this 3.5 million square feet is pre-committed. This indicates good opportunity for high net worth individuals and housing finance companies looking at investments in the city.
The existing private information technology parks have also begun to add new blocks in their campuses to cater to the rising demand of IT/IT-enabled services companies in the city.
According to Knight Frank's 'India propert |
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