Sez Bangalore

Play area for international business

Bangalore, known as knowledge capital of India has become a true destination for the hottest real estate investors around the world. Real Estate Bangalore India has attracted bigwigs like Infosys and Wipro for global majors such as IBM and Dell and hordes of other international giants to real estate and the pursuit of space for hundreds and hundreds acres.

SEZ
The sudden demand of huge space in Bangalore is the result of the interest shown by Infosys Technologies and other companies like Wipro Technologies revered in the development of commercial real estate in India . Infosys sets up a 50-acre special economic zone in (SEZ) in Mysore, and was awarded another 311 acres of land in Mangalore for similar purposes in the next year.

IT Parks Township
Development of SEZs, IT parks and integrated townships computer is the next wave in technology sector after the boom of the software. It will be very important as the real estate sector, as has been estimated by experts that the IT and BPO industries will employ a workforce of approximately 1 million additional workers within a couple of years. These requests for future infrastructure can be met by integrating IT SEZs and townships to support the position of the country a world leader in the IT sector.

Foreign and domestic investment
The benefits of developing SEZs are as diverse as these areas are specifically designed to promote export growth, with full flexibility of operations that are allowed to import capital goods free service and commodity. The movement of goods to and shuttle between ports and SEZ are unrestricted to attract foreign and domestic investment. Since the establishment of special economic zones is the flavor of the season between the Indians Most IT companies are then India real estate developers are also moving forward in setting up similar offices to be sound in estate investment.

Bangalore After 5 years
So far, Infosys has built 2.1 million square feet of office space at its 10 development centers this fiscal year and plans to increase the space to 4.1 million sq feet of offices next year. This step is taken to meet the future needs of the company that the company will employ more people in the near future.World class technology parks are the latest developments in the property segment and Bangalore is no exception to this respect. The world-class Technology Park, Electronics City and export promotion industrial park in the city have attracted global corporations tall, like Dell, Microsoft, HSBC, Cisco and several Indian companies like Infosys Wipro and, of open facilities in Bangalore.

Real Estate Market Booming in Bangalore
The real estate market in India is currently growing at 30% per year, but should increase relative to the current 15 to 100 billion dollars over the next 10 years. With the participation of companies like TCS, Infosys, Wipro and Satyam that invest in capital expenditure (CAPEX), while the purchase of real operations, real estate market in Bangalore and India will witness a meteoric rise.