Bangalore has long been the favorite
destination of people from all over India and
the World. Naturally Real Estate always commands
a premium, compared to most cities. Sobriquets
such as "Pensioners Paradise" and Garden
City have given way to the world's "Second
Silicon Valley", "India's fifth metropolis",
and "Asia's fastest growing city".
With leading Multinationals setting up factories
and corporate offices here, and Indian companies
following suit the price of real estate and rentals
have been driven up steadily. A Business India
Survey among CEO's, Executives and Students revealed
Bangalore rated No 1. by the students and N0 2.
by the professionals as their most preferred city
to live and work in.
Commercial real estate booms in India
By Steve Johnson
Mercury News
With Silicon Valley companies snapping up buildings
in India to house their growing legions of employees
there, real estate brokers are close on their
heels.
Some U.S. brokers have been in India since the
mid-1990s. But the push to open offices here is
accelerating, according to industry experts.
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