North Bengaluru: A rising hub for tech
North Bengaluru: A rising hub for tech and real estate
In recent times, North Bengaluru has been experiencing an astonishing transformation. Historically an overlooked and underdeveloped area of the city, it is now becoming a focal point for growth and expansion. This article explores the burgeoning tech and real estate scene in North Bengaluru, shedding light on the companies and developments that are driving this remarkable shift.
The tech and real estate boom
North Bengaluru, encompassing regions like Yelahanka, Jakkur, Hebbal, Thanisandra, and Bagalur, has emerged as a thriving hub for tech companies and real estate ventures. Formerly overshadowed by the renowned Manyata Business Park, this area is now witnessing unprecedented growth.
ALSO READ: End of Russian fertilizer discounts impacts India's imports
Infosys' expansion
Infosys, a prominent IT giant headquartered in Bengaluru, is leading the charge in North Bengaluru's development. The company has secured a lease for a substantial 500,000 square feet of office space at Northgate, marking a significant commitment to the area's growth.
Boeing's second campus
Boeing, a global aerospace giant, is set to open its second largest campus in Devanahalli, North Bengaluru. This strategic move demonstrates the area's appeal to diverse industries beyond just technology.
ALSO READ: Birmingham's fiscal struggles: Halting non-essential spending amidst mounting Equal Pay claims
Future prospects
Looking ahead, North Bengaluru is poised for continued growth and development. Several tech parks are on track for completion in 2024 and 2025, promising further opportunities for both businesses and residents in the region. With major companies like Infosys, SAP Labs India, Boeing, and Philips Innovation Campus leading the way, North Bengaluru is emerging as a thriving center for innovation and commerce.