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  1. HOW OFFICE SPACE HELPS TO INCREASE HOW OFFICE SPACE HELPS TO INCREASE THE NEED OF RESALE FLATS THE NEED OF RESALE FLATS Bengaluru is the first city in India giving importance for office space to make a IT sector. Currently, Bengaluru consist a stock of 96 million Sq.Ft. of grade A quality for office space and ready to give for lease. It states that 4-5 % of office space is vacant for leasing and many IT firms also coming to Bengaluru to set office. The overall survey says that the tech circle has witnessed a big leasing activity in the last few years.

  2. Office Space-2015 2015 is calculated as the successful year for the realty firm. 14.15 million Sq.Ft. office space got leased. The realty firms announced that the requirement of office space in Bengaluru will remain till two-three years. The realty agents becomes conscious and producing a good volume of pre-committed space. The trend of leasing is remained strong for 2016 too.

  3. OFFICE SPACE OFFICE SPACE-2016 There is a demand of 10 million Sq.Ft. now in Bengaluru and out of that 8-8.5 million Sq.Ft is for non-captive office space and it is expected to launch in 2016. 4 million Sq.Ft is utilized for office space in 1st Quantum of 2016. Bengaluru is well matching the each quantum-to-quantum launch for 2015 and 2016 to meet the demand supply of this year on time. The supply makes the realty absorption for office space to increase.

  4. NEED OF RESALE FLATS NEED OF RESALE FLATS Bengaluru is 100% IT/IteS driven city and you can see the city is going to give employment for more than 13,000 in upcoming years. There is great demand for e-commerce and manufacturing firms corporate offices here. Many start-ups also come up with innovative technology plans and occupy the major part of the city. There will be a major requirement for residence once the heavy duty corporates comes into work.

  5. The companies are looking the space around the east and south-east stretch of outer ring road. it is going to stretch again from Marathahalli junction to Iblur junction. The demand will extend further to Sarjapur road and Hosur road and these locations have good connectivity too. The city like Whitefield, Hebbal, Mysore road, Hosur road and Electronic city are also witnessing good leasing. The Bannerghatta road is very cheap for residential and it is 13 km from Electronic city. This locality also gives positive approach for resale property business. These three main advantages makes the locality famous and it is good plan if anyone planning to look flats for resale in Bannerghatta road.

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