Bangalore, better known as the Silicon Valley of India for decades, is one of the top commercial and start-up hubs in the country. The city is a safe haven for entrepreneurs from different niches. The city offers a readily available talent pool and financial support from national as well as international investors. The availability of quality office spaces has further played a major role in attracting businesses to Bangalore.
As more and more people continue to migrate to this city, companies look for office spaces in Bangalore near developed residential areas, making it a preferred choice for many with better real estate values. And being one of the most favorable cities in the country to set up office spaces for different types of businesses, Bangalore has a myriad of workspaces to offer to those who seek them, ranging from coworking spaces to independent establishments to shared offices.
However, there are a few top places like Electronic City, Whitefield, and Marathahalli, among other commercial districts, that are attracting huge numbers of people looking for office space in Bangalore. So, let’s take a further look at these places and see the reasons behind the exponentially growing commercial demands in these areas.
Top 5 Locations in Bangalore for Buying or Renting Office Spaces
Bangalore, a home to some of the biggest tech companies in the world, as well as a thriving startup ecosystem. As a result, there is a high demand for office space in the city.
If you are looking to buy or rent an office space in Bangalore, here are the top 5 locations to consider:
5. Electronic City
Located in East Bangalore, Whitefield is known for being the most sought-after destination for office spaces in Bangalore, not only by companies from the technological industries but also from various other sectors. It is a posh residential market and houses many popular retail and shopping centers, such as Nexus Shantiniketan Mall, Phoenix Marketcity, and VR Bengaluru, to name a few.
Whitefield is well connected to other parts of the city by bus and the Metro; therefore, having a coworking space in Whitefield means better accessibility and an easier commute.
It also falls under the Bangalore-Chennai rail route, making it accessible through railroads. Along with the presence of numerous shared office spaces in Whitefield, the place is also home to several IT parks, including ITPL, Gayatri Tech Park, Brigade Tech Gardens, and MFAR Silverline Tech Park, along with other bigger IT brands like TCS, Accenture, IBM, and Tesco. Industries like Hindustan Unilever have their research centers located here. There is also a SEZ (Special Economic Zone) in the vicinity.
Whitefield can be a good option to consider if you are looking for flexible office spaces for rent in Bangalore for your business. This place also has some of the top co-working spaces in Bengaluru.
Also Read: Best Coworking Spaces in Pune
Located in the south-eastern part of Bangalore, Marathahalli is situated close to HAL Airport, also known as the Old Airport. Marathahalli is a residential as well as a commercial locality that is located close to the major IT hubs of Bangalore. A few tech parks present in the vicinity of Marathahalli include Embassy Tech Park, Novel MSR Tech Park, RMZ Ecospace, and DivyaSree 77 Town Centre, to name a few.
With the Outer Ring Road passing through Marathahalli, it is considered a prime location for office spaces in Bangalore. It is well connected to the other major parts of the city through the Outer Ring Road, making the daily commute for its residents much easier. Aside from the numerous workspaces in Marathahalli, companies such as SION Semiconductors, Amadeus Software Labs, Home Shikari, TTK Services, and Alphatech Solutions are also located here.
With easy access, planning to look for coworking spaces in Marathahalli for your business is a great option. Also, that place has some of the best shared office spaces in Bangalore.
Also Read: Top 10 Coworking Spaces in Bangalore
Koramangala is located in the southern part of Bangalore and is known as the start-up hub of the city. The area is divided into eight blocks and offers both commercial and residential properties.
With a myriad of flexible office spaces in Koramangala, it is a great place if you are looking for a place to set up your office space in Bangalore. From Indian e-commerce giant Flipkart to food ordering and delivery platform Swiggy, Koramangala has given plenty of startups to the country. The inner Ring Road connects the region to other arterial roads such as Sarjapur Road and Hosur Road.
The place has several supporting banks and numerous restaurants, making it a favorite start-up place for the entrepreneurs out there. So, if you are looking for some of the top co-working spaces in Bengaluru, Koramangala is your place to go.
Located in east-central Bangalore, Indiranagar is a booming commercial real estate hub of the city and is also one of the most coveted residential locations. Located within close proximity of the Metro and excellent road networks, shared office spaces in Indiranagar are in high demand. The majority of the commercial establishments are situated on the 100ft and 80ft roads. The HAL Airport, or the Old Airport, is also located in the vicinity of Indiranagar.
The locality is high in demand, so the commercial real estate prices are inclined towards the expensive side, so if you are looking for office spaces on rent in Bangalore priced towards the higher end, Indiranagar is the perfect location.
Some of the well-known companies in this area include Adroitec, Spica Software, Syntel, and Visual Web Solutions.
5. Electronic City
Located in the southernmost part of Bangalore, Electronic City consists of four zones called phases: EC Phase I, Phase II, Phase III, and Phase IV.
Electronic City is one of the biggest IT hubs in Bangalore and houses a large number of electronic and IT industrial parks. Due to the infrastructure and the good connectivity to the city, lying on the Hosur Road, there are more than a few workspaces in Electronic City. With future connectivity through the Metro, the region offers easier commutes to its residents from different parts of the city and also from the neighboring state of Tamil Nadu.
Located in the suburbs, commercial real estate rates are also on the lower end when compared to other locations, so go for the flexible office spaces in Electronic City if you are looking for something more affordable.
Electronic City houses approximately 200 IT/ITES company campuses, including the main campuses of Infosys, Wipro, TCS, HCL, Tech Mahindra, and Biocon.
So, if you are looking for office spaces in Bangalore, Electronic City is a good option.
Also Read: Exploring the Best Coworking Spaces in Kochi
Bangalore is developing at a fast pace, and a lot of new commercial hubs have come up and will continue to emerge in the coming years.
The city has also been ranked as the top start-up hub in India and leads the office markets in the country. With players from across the globe setting up their technology parks and office spaces here, the city has become a booming commerce market.
Nevertheless, the places mentioned above are only some of the places that are great options for buying or renting office spaces in Bangalore. These options have excellent connectivity as well as commercial and residential real estate options.