Tuesday, May 15, 2012

Firms expansion drives North Bangalore

Many companies are looking to expand their operations in the North Bangalore.Manyata Embassy Business Park hosting over 80,000 IT employees will see the number going up to 1.2 lakh by next year when the entire 18.29 million sqft is developed.Philips,Target,Cognizant and NXP Semiconductors have a strong presence there.Several developers including Beary's,Karle,G Corp and Legacy have announced residential projects within a 5-km radius of Manyata Embassy business park.

The government plans to convert the Hebbal-Devanahalli stretch into a signal-free carriageway by 2013 under the National Highway Development Programme (NHDP) to providefaster accesstothe airport.An aerospace SEZiscoming up near Devanahalli.A Rs 1,000-crore financial city and the Information Technology Investment Region and the proposed high-speed rail link from the central business district to Devanahalli will spur a residential boom in the region.


SPREADING WINGS

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