The tech parks and the IT parks in the outer ring road (ORR) are generating a huge demand with the growth of real estate sector.
It is so clear that the growing IT sector is demanding huge office spaces!
This scenario has developed micro real estate market growth in places like; Kanakapura Road, Electronic City, Bannerghatta Road and Whitefield in Bangalore city.
This growth of IT sectors have made huge impact on the real estate sector in the international level too!
Commercial real estate let realty survive when residential flopped down during the year 2011. Properties in India are slowly gaining importance with the IT sectors expanding.
Source: The Economic Times
Tags: 2011, Bangalore, Bannerghatta Road, Commercial real estate, Electronic City, Growth of IT sectors, Growth of real estate sector, Huge office spaces, IT Parks, IT sector, Kanakapura Road, Micro real estate market, Outer ring road (ORR), Real Estate Sector, Realty survive, Tech parks, Whitefield in Bangalore city
