Bangalore's Outer Ring Road (ORR) is booming as a commercial real estate hub, driven by strong IT sector demand and limited office space, according to a Jones Lang LaSalle India report.
PBEL City, a township by PBEL in Hyderabad featuring 13 residential and 2 commercial towers, commences phase I with a price range of Rs 41-52 lakh for flats. Completion estimated within 18-36 months. Targeted at IT, bank employees, aged 25-40.