Roads connecting special Economic Zones (SEZ) and IT parks to the city are the most favored real estate destinations in any city of India. Connectivity of Special Economic Zones and Industrial sectors with main city and important parts of the city is the most important aspect of real estate developments in any city. The Outer Ring Road (ORR) of the Bangalore has a privileged advantage over the other locations in the city being in the closed proximity of major IT parks and SEZs. It is the most sought after residential real estate destination of the city as it serves as the main proximity area for IT Workforce. Highly preferred by large retail brands, Outer Ring Road also caters for residential needs of the IT sector.The outer ring road has observed great price appreciation with healthy absorption rate and low vacancy level. Corporate and commercial companies preferred the outer ring road as its accessibility to the residential catchments and proximity to IT parks and SEZs is way better than other commercial locations. The new entrant of the corporate sector and companies looking for expansion highly prefer the outer ring road to set up their businesses.Santosh Kumar, CEO-operations, JLL India said that outer ring road will continue to be a hot spot for corporate sector as it provides better connectivity with both residential, commercial world. The outer ring road is situated in an exponentially growing area of the city. The outer ring road will observe controlled office supply and quite better absorption in the next few months.The growth of the outer ring road has improved the sustainability of this micro-market and eventually changed the lifestyle of people living around the outer ring road. Close proximity and good connectivity of the outer ring road with IT sector has been the major driving factor behind increasing residential growth of the outer ring road.The areas like Whitefield, Sarjapur Road, Yelahanka, Old Madras Road, and Mysore Road have advantage being in the nearby location of the outer ring road and now they are the most prominent realty hubs of the city. The major supporting attributes behind the growth of the outer ring road are signal free connectivity, proximity with talent pool, improving infrastructure, and availability of vast land parcels. The outer ring road will be the most favored office space destination of the Bangalore city.Introduction of flyovers and underpasses at prominent junctions to avoid traffic bottlenecks is highly necessary. This will reduce the time and money consumption required for travelling to workplaces and better connectivity will eventually lead to the increased growth in real estate sector.With current conditions and market sentiments it is expected that about five million sq ft of new supply will enter in the peripheral micro market including the outer ring road. The new supply entering in 2013 in the market will majorly contain Grade-A office spaces. The absorption levels in 2013 will also remain high in the outer ring road. The outer ring road will be the topmost gainer in 2013 in Bangalore city.займ на карту без отказов круглосуточновзять кредит онлайн