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Commercial realty retains its hold in Bangalore

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Bangalore is in fast speed in making IT/ITES sector and office space fascination; it has reached new high of 14.2 Million Sq.ft which thought to be the 2nd highest in the world after Tokyo. It is told by the source to the www.propertykhazana.com that this is responsible for 53% growth from last years and office absorption figure has stood at 9.28 Million Sq.ft thus figuring out a place between the top 4 cities internationally. IT/ITES chiefs are optimistic to fix the companies in Silicon City; the city is expected to shape in the top cities internationally in office space in 2007, said DTZ Debenham Tie Leung an international realty consultancy firm. Garden city’s CBD is getting Rs. 65 per Sq.ft for a month with an additional hike to rise soon in the future in the stir of new supply. The job level in CBD is just 0.5% against 7-8% of other marginal places in the city. It is expected to stay unmoved owing to the vast pipeline supply.
As per to the survey reports available at the www.propertykhazana.com , the total office space in Mumbai was expected to be 6.4 Million Sq.ft and demand for commercial spaces in Mumbai might carry on to be growing IT/ITes, insurance and telecom sectors. Most wanted places in rental after Mumbai was Bandra, Worli, and Lower Parel which are about 100-200% more than the rentals in 2006. Office absorption in Chennai in last quarter of 2006 had stood at 5.2 Million Sq.ft as the total absorption in other forthcoming cities comprising Pune & Hyderabad which stood at 4.6 Million Sq.ft and 3.8 Million Sq.ft.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Bangalore

May 22, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
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The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
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Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
May 19, 2017
Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
May 18, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
May 18, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
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The property offers amenities like Fire Safety, Solar power, Garbage chute, Jacuzzi, Kids pool, Lobby area, Plantation Avenue, Water treatment,..
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Apartments, Flats and Property for Rent in Bangalore

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