Bangalore Key IT hubs Electronic City, Whitefield, Bellandur by Sachin Naik

Bangalore City has grown rapidly and immensely in the past two decades. The entry of IT/ITeS industries has given a complete facelift and decked out the city in terms of urbanization and infrastructure. The venture of IT industries has left a huge impact on some locations, which are now known as the major IT hubs in Bangalore city.

With the first IT Park built in Bangalore along with other factors, the city undeniably tops in the lists of IT hubs and flares as the IT capital of the country. Today, the city houses many major IT companies that are spread all over the city. In the midst of the flourishing IT industry in the city let us take a glance at the key IT areas that is home to many IT/ITeS companies and driving the growth of other industries as well.

Electronic City Bangalore

Spread over 332 acres, Electronic City is one of the biggest industrial technology hubs in Bangalore, India; and consists of three zones like Phase I, Phase II, and Phase III. This area has accommodated approximately about 180+ IT/ITeS companies and some of the major companies located here are Bosch, Wipro, HCL Technologies, Siemens, Infosys, Tata Consultancy Services, HP, Tech Mahindra, Patni Computer Systems, Tejas Networks, CGI, Bosch, Velankani Technology Park and many others. The establishment of many IT companies gives impetus to the growth of infrastructure, transport facility, educational institutions, medical facilities etc and has transformed this suburb today as one of the chief IT hubs and most sought-after residential destination.

 

Whitefield Bangalore

Whitefield that was once a settlement for the Eurasians in Bangalore in late 1800s, the boom of IT industries has completely remodeled this region as a major suburb of Bangalore. Today, this area is one of the main parts of Greater Bangalore and sanctuary to a number of multinational information technology companies like International Tech Park, Bangalore (ITPB) where a number of offices of many IT and ITES companies are established and the EPIP zone, which has offices of other IT giants like Tata Consultancy Services, Quest,  Accenture,  Tesco, SOA IT Solutions, Wipro, Infinite Computer Solutions, iGATE Global Solutions, Sapient,  SAP Labs, Dell, IBM, Intel, Mindtree Ltd, CapGemini, Oracle and many others. The presence of IT companies in this region has boosted development of infrastructure and malls like The Forum Value, Park Square Mall, Inorbit Mall, Phoenix Market City and many others.

Marathahalli / Bellandur Bangalore

Today, one of the main IT hubs in Bangalore City Marathahalli was once a quiet village in the peripheries of Bangalore. Succeeding the IT boom in its vicinity areas like Whitefield and Electronic City, the area attracted many local and multinational IT companies and today it is occupied by IT/ITeS companies like Cisco, Logica CMG, Zit Technologies, Accenture and many others. Currently, this region has witnessed growth in infrastructure developments and many other activities and the drive behind the growth and the actions is the unquestionable IT/ITeS industry.

The favorable climate conditions, good infrastructure like the presence of international airport, high quality education system, diverse city culture, availability of very good and diversified talent pool and office space accessibility are the driving factors for the IT/ITeS companies in Bangalore City.

The favorable climate conditions, good infrastructure like the presence of international airport, high quality education system, diverse city culture, availability of very good and diversified talent pool and office space accessibility are the driving factors for the IT/ITeS companies in Bangalore City. The growth of IT industries also plays its part in NGO and tourism industries. Most of the IT companies with corporate social responsibility have aided many NGOs by granting fund and large number of people coming into the city for job in IT companies has also helped the tourism industry in some way.

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Phase-II of Bangalore Metro launched by Karnataka CM and Union Railway Minister

The Union Cabinet approved Phase-II of Bangalore Metro, which was launched as Namma Metro project. The project is designed with 72 km of Metro network that would cost about Rs.26, 400 crore. In which Central government will offer at least Rs.6, 000 crore, while most of the investment will come from the state government to the agency handling this project.

Namma Metro

The Phase-II of Bangalore Metro line will have six lines, 61 stations 12 of which will be underground. One of the main passages is the trunk line about 14 km underground stretch between Gottigere and Nagavara. The second line will be between RV Road to Bommasandra.

Karnataka Chief Minister Siddaramaiah and Union Railway Minister Mallikarjun Kharge launched Bangalore’s second metro stretch that connects the city’s North Western Suburbs in Peenya to Sampige Road. Additionally, 2.5 km stretch from Peenya to Nagasandra and 4 km of underground channel work that connects Sampige Road and National College will be completed by September to October of this year.

The launch of Phase II of Bangalore Metro will have significant influence in the growth of Bangalore real estate and an increased demand could be witnessed in the Metro corridors, says one of the real estate experts who have an upcoming project near the Peenya Metro Station.

The metro will reduce the connectivity issues and will give a facelift to the locality that will increase the demand for properties for sale and helps in price appreciation.

A large number of residential projects, commercial projects, retail malls, schools, hospitals, and other social infrastructures are coming up in the Metro corridor that is likely to change the entire real estate setup. Most of the professionals working the Central Business District (CBD) areas are buying homes that are located close to the Metro Line as it will reduce the commuting time. With the government taking an initiative to increase the Floor Area Ratio (FAR) in the surrounding of Metro stations up to 4 from 3.2 will surely boost the development in commercial segment as well, says the president of CREDAI, Bangalore.

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