Embassy Developments has sold a 25-acre land parcel in Bengaluru's Whitefield IT corridor to Lam Research for ₹1,125 crore, marking a major real estate deal in India’s tech capital.

Bengaluru has become India's largest and most important office market, surpassing all other cities. In June 2024, the city's office space exceeded 223 million sq ft, up from 100 million in 2013. It has the most office space in India. This brief report from Ghar.tv highlights critical points.

The Prestige Group, a renowned Indian real estate developer, has carefully bought 21 acres of prime Whitefield, Bangalore property. For the firm, this Rs 450 crore acquisition signifies a major expansion in one of the city's key IT corridors.

Many new neighbourhoods near IT centres like Whitefield and Sarjapura in Bengaluru are experiencing a water shortage. A severe water scarcity plagues the city as summer approaches. Residents, particularly in high-rise buildings, are anxiously seeking water. The situation is exacerbated by dry wells.