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Posts Tagged ‘hosur road’

South Bangalore is clearly an attractive investment area

30 Oct

With many infrastructure projects and commercial establishments, South Bangalore part seems to have a lot going for it.It has everything going for it – a good deal of infrastructure projects like the widening of Hosur road, the elevated expressway, the BMIC peripheral road, flyovers and more commercial establishments. With a new expressway from Silk Board Junction to Electronic City, the Tumkur Road, Metro to Kanakapura and the area flanked by the city’s popular Forum Mall on one side and Electronic City on the other, it is indeed turning out to be a real estate market hotspot.

The Bangalore South residential area includes Koramangala, Hosur Road, Bannerghatta Road, Sarjapur Road, Outer Ring Road, HSR Layout, Jayanagar, JP Nagar, Banashankari and Kanakapura Road. This zone represents locations which are the most preferred. The elevated highway project between Silk Board intersection and Attibele will enhance the connectivity of Electronic City and surrounding locations on Hosur Road with the city. This will improve the potential of residential localities around Electronic City.

The residential market of Bangalore has witnessed heightened activity in the past few years. Several infrastructure projects that will have a bearing on the growth of its real estate development have been initiated. The prominent emerging residential markets are located towards the eastern and southern parts of the city.The connectivity of these locations to the city is expected to improve once the elevated highway is completed.

Read More-Betting on the south

 
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Wipro has applied for 50 acres of land in the new industrial belt for IT park

08 Feb

According to source, global software major Wipro has applied for 50 acres of land in the new industrial belt coming up near the Bangalore international airport for setting up an IT park.The company’s main software development centre is located in the Electronics City on Hosur road, about 35 km from Bangalore and another on Sarjapur road in the southern suburb, which is its corporate headquarters.

In a related development, a technical team of Hero Honda Motors Ltd has inspected three sites in Hubli-Dharwad industrial belt in north Karnataka to set up a two-wheeler plant at an estimated cost of Rs.20 billion (Rs.2,000 crore). Hubli-Dharwad is about 420 km from Bangalore.

“Wipro has applied for 50 acres of land in the new industrial belt coming up near the new airport. The state high-level committee will consider it soon,” said state principal industry secretary V.P. Baligar.

Reference:

The Economic Times





 
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