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  Announcement: Sitrus Projects is pleased to announce a new Villa Project with Ultra Modern Luxurious Villas in North Bangalore near 10,000 acres IT PARK  
 
 
 
 
NEWS & EVENTS
 
Bangalore

Asia’s fastest growing cosmopolitan city Bangalore is the favourite destination for most high tech industries in India. The booming IT Software Services/ ITES companies has led to the escalation of demand in real estate.

Manipal Education is setting up a 200 acre University Campus.

KSIIDC has proposed commercial development on 309 acres of land around the airport.

The Government of Karnataka has announced the construction of the biggest convention centre, to be built on an area of 35 acres, including two 5 star Hotels.

Aerospace SEZ: The Karnataka Industrial Areas Development Board (KIADB) has launched the aerospace SEZ project in Devanahalli. An area of 252 acres has been sanctioned for this SEZ, which will house units focused on providing IT, design and R&D Services to the aerospace industry along with maintenance facilities.

National Highway Authority of India (NHAI) is in the process of widening the existing NH-7, from existing 7-lanes to 8-lanes, to sustain higher traffic flow.

The Government of Karnataka is developing a 109 Km Peripheral Ring Road as an 8-lane expressway along the periphery of Bangalore.

Upcoming Hotel Projects. A number of leading 5 star hotel chains are coming up with their properties in the area. Some of them include: The Oberoi at Bangalore International Airport, Marriott Golf Resort & Convention Centre near Nandi Hills only 10 Km ahead of Sobha Lifestyle, The Taj Business Hotel at Yeshwantpur and The Oberoi Luxury Hotel in the Hebbal Lake area.

The Bangalore International Airport Limited IT Investment Region is a Mammoth 12,000 acre project being undertaken in the region, just 15 Km from the International Airport. At a cost of around US $22 billion and with direct employment to 2.8 million, the BIAL ITIR has attracted the biggest corporate names such as Infosys, Wipro, Cognizant and TCS, all of whom have already begun work in the region.


Hyderabad

Hyderabad’s real estate market has changed over a period of time. The city is upgrading its infrastructure to accommodate new migrants.

Hyderabad was once famous only for its architecture, culture and pearls.City’s new hi-tech airport at Shamshabad has been in the limelight ever since its launch.
 
 
 
 
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