Business & Innovation

Globalization has been responsible for the transformation of Bangalore into a melting pot of culture. The following article throws light on the multicultural ethos of the city with a subtle hint on real estate.
IT Boom in Bangalore
The Information Technology (IT) boom has been responsible or transforming the economy of Bangalore. The sixth largest Indian metropolis, today, Bangalore is known across the globe for its booming IT industry that has earned the city the sobriquet of the Silicon Valley of India.
Once the IT industry made its mark in the city, a gradual change was noticed in the city’s demographics. Once hailed as a pensioner’s paradise, today Bangalore is home to the largest number of migrant and expatriate populace. Interestingly, many of them have very easily adapted Bangalore as their hometown.
The government’s initiative in the development of the infrastructure has contributed largely in promoting the city’s economy. Sectors like education and real estate have scaled new heights. Scholastic establishments like Indian Institute of Management (IIM), Indian Institute of Science (IISc) along with several other institutes continue to add laurels to the city’s educational values.