Bangalore, which is known as the Silicon Valley of India, is one of the fastest growing city in the sector of IT. The city is the hub of one of the major IT giants who has set up their major offices there. Moreover, Bangalore is also one the main destination for building the startup nowadays; there is a steady growth of Startups in Bangalore. On the other hand, many small companies are also shifting their base from different parts of India to the city of Bangalore due to its largest growing infrastructure and great market opportunity. This is pushing the opportunities of employment, which in turn, on the other hand, is increasing the demand for luxury apartments in Bangalore. Bangalore has the largest industrial technology parks and over 200 IT/ITeS companies which is currently operating its major offices with working 24*7.
The builders in Bangalore are building many residential apartments near the companies offices which provide the employees to live near their offices too.
Due to the steady growth of residential space, people have migrated to Bangalore for better job opportunities. This has also pushed the rapid growth of luxury apartments in Bangalore demand in Electronic city and its nearby areas.