Top 5 IT Parks in Bangalore That are Booming Real Estate
Bangalore is the technical hub of the country and home to numerous IT parks. The city is known as the IT hub of India, with the nation’s most innovative and dynamic IT parks. Bangalore’s IT hubs have been at the forefront of changing the global tech sectors. These IT Parks offer multiple job opportunities in different industries and specializations. Because of this, there is a high demand for residential flats, villas and apartments in the nearby localities of these IT Parks.
This blog explores the best tech parks in Bangalore, highlighting their names, foundation details, residential options and distinctive features.
1. International Tech Park Bangalore (ITPB/ITPL)- Oldest IT Park in Bangalore
International Tech Park Bangalore (ITPB) is one of the oldest and most well-known IT Parks in Bangalore. It was established in 1994 and is a popular location for multinational corporations. Moreover, it has played a significant role in bringing several global tech companies.
The primary software companies in ITPL Bangalore include Capital One, Harman, General Motors, Mu Sigma, HCL Technologies, IBM, TCS, Xerox Services, and so on. It also has Park Square Mall on its premises which provides convenience to the people living around this locality and working in this IT Park.
A few gated societies and apartments near ITPB where working professionals can live on rent or buy flats.
- Embassy East Avenue
- SJR Vogue
- Prestige Shantiniketan
- Divyasree Republic of Whitefield
- Vaswani Starlight
| ITPB | Details |
|---|---|
| Address | Whitefield Main Road, Pattandur Agrahara, Whitefield, Bengaluru, Karnataka 560066 |
| Year of Inauguration | January 1994 |
| Total Area of the Park | 69 Acres |
2. Manyata Embassy Business Park- Well-Planned IT Park in Bangalore
The Manyata Embassy Business Park is an IT hub in Bangalore that provides modern facilities, advanced infrastructure, and a sustainable ecosystem. It has been awarded as the Best IT Park by NDTC Property Awards. Reputed companies such as Cognizant, IBM, Quikr, and Rolls Royce PLC can be seen here.
It is one of the largest tech parks in Bangalore and all over India, home to many Indian and international corporate offices. This IT Park is located in the northern part of Bangalore which is also a popular area for commercial and residential purposes. Its proximity to Kempegowda International Airport has also made this IT Park popular.
Some top societies and flats near Manyata Embassy Business Park:
| Manyata Embassy Business Park | Details |
|---|---|
| Address | Outer Ring Road, Nagawara, Bengaluru, Karnataka 560045. |
| Year of Inauguration | 2005 |
| Total Area of the Park | 300 Acres |
3. Bagmane Tech Park- Top Tech IT Park in Bangalore
Bagmane Tech Park is strategically located in CV Raman Nagar in Bangalore and is well known for its excellent facilities and connectivity. It offers contemporary office spaces and a favorable setting for software and IT companies. This is one of the popular tech parks in Bangalore that is home to several significant IT and non-IT companies, including Grant Thornton, Microfocus, Oracle, Dell, EMC, Boeing, Cisco, Sap Concur, and Cypress.
People working in Bagmanage tech park mostly prefer living in nearby apartments and gated societies in Bangalore. Some noted societies of this locality are:
| Bagmane Tech Park | Details |
|---|---|
| Address | Bagmane Developers Pvt. Ltd., 8th Floor, Lakeview, A Block, Bagmane Tech Park, C V Raman Nagar, Bangalore – 560093 |
| Year of Inauguration | 1998 |
| Total Area of the Park | 42 Acres |
4. Gopalan Global Axis- Best IT Park in Bangalore
Gopalan Global Axis is a developing Bangalore IT Park that has gained attention due to its advantageous location and reasonably priced office accommodations. It was founded in 2013. It offers a comfortable working environment and is home to numerous software and IT companies. Located in the Whitefield area, this IT Park is divided into 8 blocks and is occupied by TCS.
It was developed by Gopalan Enterprises Pvt. Ltd. and is home to several well-known IT firms. The eight-block campus has a food court, an ATM, a health and fitness facility, indoor gaming areas, a convenience shop, and daycare centers.
This IT Park offers quick access to surrounding residential neighborhoods such as:
| Gopalan Global Axis | Details |
|---|---|
| Address | Rd Number 9, Opp Satya Sai Hospital, KIADB Export Promotion Industrial Area, Whitefield, Bengaluru, Karnataka 560066 |
| Year of Inauguration | 2013 |
| Total Area of the Park | 25 Acres |
5. Divyasree Technopolis-Strategically Located IT Park in Bangalore
Divyasree Technopolis, an internationally recognized tech park, is renowned for its amazing architecture and state-of-the-art facilities. It offers a variety of amenities to meet the demands of various corporate offices of national and International companies, such as food courts, fitness centers, and plenty of parking.
Currently, Divyasree Technopolis is home to several successful IT and consulting companies, including Landmark Group, Aditya Birla Group, Thomson Reuters, Fujitsu, Deloitte, and more.
Top residential flats and societies near Divyasree Technopolis are:
| Divyasree Technopolis | Details |
|---|---|
| Address | Marathahalli Village, Bengaluru, Karnataka 560037 |
| Year of Inauguration | 2008 |
| Total Area of the Park | 69 Acres |
Upcoming IT parks in Bangalore
Bangalore has several developing IT parks in Devanahalli that will boost the economy, and provide numerous job opportunities. This will also result in thriving real estate in the nearby localities.
Devanahalli’s upcoming IT parks will not only increase employment opportunities but also enhance the area’s appeal as a housing hub. Therefore, the real estate market there is growing the fastest. It has all the social advancements, and the neighborhood has grown. Since the neighborhood is home to start-ups, investing in real estate will be beneficial.
The list of an upcoming tech park in Bangalore are:
| Tech Park | Est. completion year | Location | Land Area |
|---|---|---|---|
| Prestige Tech Cloud Park | 2024 | International Airport Road Devanahalli Bangalore | 33 acres |
| Hines Uptown | 2026 | ORR, North Bangalore | 11.3 acres |
| Shiram Hebbal 1 | 2024 | Hebbal Outer Ring Road, Hebbal, North Bangalore | 1.8 acres |
| Prestige Century Landmark | 2025 | Hebbal | 65.69 acres |
Conclusion
Bangalore has changed dramatically because of these top 5 IT Parks in Bangalore, which have also helped the city become a more important global center for IT. Each Bangalore IT Park has both well-established businesses and start-ups with a mix of services, infrastructure, and a friendly environment. These IT Parks play a critical role in booming real estate as Bangalore’s innovation and technology hub continues to grow.
