Bangalore is the capital of Karnataka. It plays a vital role in the development of IT industries. It has many hi-tech firms, due to which it can be called as Nerve Center of IT.
Listed below are the top five locations in Bangalore which are considered to be the best for setting up start-ups for your businesses or relocation for established businesses.
Koramangala (Bangalore South)
It is recognized as a start-up hub of Bangalore. It is divided into 8 blocks. It is said to be a great place for new as well as upcoming ventures. The few companies which started its business in this locality and have achieved remarkable growth are Grabhouse, Instamojo, Wooplr, HackerEarth and Zipdial, among others. Estimated selling price of offices starts from INR 7100 to INR 12900/sq. ft. and average renting prices starts at INR 55 per sq.ft.
Indiranagar (Bangalore East)
It is a renowned residential, commercial location in Bangalore. It is divided into two stages. This locality has a quite good transport facility. The purple line of Namma Metro runs through Indiranagar. Some of the reputed companies which are located in this area are Syntel, Spica Software, Adriotec and Visual Web Solutions, among others.
Whitefield (Bangalore East)
Whitefield is Bangalore suburb known for its swanky tech parks. Its a buzzing area with reputed software MNC companies having their operations hub spread in multiple parks. Young crowds find Whitefield a go to area as it houses big malls, popular restaurants, multiplexes for cine goers. ITPL and ITBP are major tech zones in Whitefield. It’s about 18kms from city center connected with two major four-lane roads with flyovers. Some of the leading companies located here are TCS, Mindtree, Aegis, Accenture, Hewlett Packard, Capgemini, Dell and Oracle, among others.
Marathahalli (Bangalore East)
It is a residential as well as a commercial locality. It is very near to the major IT hubs of Bangalore and HAL Airport, which is also known as old airport. The well known companies located here are SION Semiconductors, Amadeus Software Labs and Alpha tech Solutions, among others. It has a good and convenient transportation facility. The young IT and corporate professionals looking out for space to establish new business ventures can absolutely consider this locality.
Electronic City (Bangalore South)
Also known as Ecity, has been splitted in four bits, Phase 1, phase 2, phase 3 and phase 4. It is one among the India’s populous electronic and IT industrial parks, which is spread across an area of 800 acres (3.2 km²). This area has easy access to other parts of Bangalore and has excellent transport links. Estimated sale price for commercial venture is INR 2000-2250 per sq ft and rent is INR 38-45 sq ft. Some of the recognized companies situated here are Biocon, Bosch, Tech Mahindra, TCS, Infosys and Wipro, among others.
Therefore, can say that the aforementioned locations can be considered as the top 5 choices boasting prime facilities to setup office locations.