Bangalore, renamed Bengaluru is the IT haven of India. The city has triggered the real estate growth revolution with its growing IT industry. The government initiatives in this regards are commendable.

The international airport spread in an area of 4050acres, outer ring road connecting major highways and roads in and around Bangalore, metro rail expected to be operational by end of 2008 and the satellite townships are fuelling the growth saga. The release of much awaited Master Development Plan 2015 will further boost this growth cycle. The plan is expected to ensure balanced growth in the city.

The government approval to 11 local, national and international developers to develop integrated mega townships has ensured furthur growth in the residential sector. The concept of work-live-play is going to be the future in the residential sector.

The commercial sector outlook of Bangalore is bright with IT companies expanding their operation and new players entering the market. The CBD of M.G. Road, Brigade Road is packed with vacancy rates almost nil.

The cosmopolitan city Bangalore along with a pleasant weather offers immense potential for retail developments. All major domestic and international brands have their presence in this fast growing city.

The development activities are speeding up in Whitefield, Sarjapur road, Electronic city, Bellary road, Yelahanka and Magadi road. These areas are developing due to proximity to International airport in the North side of Bangalore.