What are the advantages of having real estate property near the IT sector?

When we talk about the IT sector in India. We just can’t skip the year 1991. In 1991 P.V. Narasimha Rao was the Prime Minister of India. He was the one who introduced India to LPG (Liberalization, Privatization, and Globalization). Moreover, what happened after is our history and present.

When we talk about the year 1991. It is mostly about the economic reforms. No one can deny the fact that the modern India, in which we are living is a result of LPG, whether it is our stock market, pharmaceutical industry, IT sector, manufacturing industry or research and development.

India is well known for its IT sector. The IT-BPM in India witnessed US$177 billion in 2019, a growth of 6.1% year-on-year. It is estimated that the size of the industry will grow to US$ 350 billion by 2025.

So, as you understand how big the IT sector is. This greatly affects the socio-economic structure.

We know to work in IT sector one has to have some level of qualification. Qualification demands education and skills, which enforce the authorities to provide infrastructure for good quality of education and skill development.

Where ever the IT companies are situated, whether it is Bangalore, NCR, Hyderabad or anywhere else, we see a good infrastructure buildup. The socio-economic of the surrounding will start to upgrade itself. It is very important for companies to have good connectivity to its surrounding for fluent movement of the workforce to their respective offices. Moreover, they need a continuous power supply for the efficient functioning.

Law enforcement, well this one is a biggie. If any industry is establishing itself, it needs security and safety for people working and living around it. Which enforces the authorities to act When this happens, it attracts more people to work and live in the vicinity in the hope of a better, safer and comfortable life and this cycle goes on.

Cosmopolitan lifestyle, we are living in the era of informational marvels and all this happened because of the Information Technology industry. Establishment of this industry provided us with good communication and connectivity. Technology like 4G, 5G and satellite communications enabled us to even work from home and in an industry like this requires good quality human resources. This will start attracting different kinds of people from different ethnicity and different demography to work together.

These factors make a city like Bangalore a dream for anyone to live and enjoy the lifestyle. To do that you have to have your own place. If you have your own place, then the property value will grow very well over the period and you will get a very good rental yield. In Bangalore, there is a perfect place where you can look for Real estate property near IT sector in Sarjapur road.

Us at Atco Projects is having a luxurious housing project of 150 units of 2/3 BHK ranging from 1000 sq. ft - 1600 sq. ft to provide you with a world-class experience including all the modern amenities in Sarjapur road.

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Atco Sapphire presents a sprawling array of apartments which are equipped to provide the occupants the advantages of space, style and convenience.