Monday

Silicon Valley, Bangalore, India


Bangalore - always blessed with a pleasant climate, beautiful parks, canopied avenues, and a rich cultural heritage with a cosmopolitan touch.

A city ahead of its times, Bangalore heralded the Information Technology revolution way back in the 1980s. It has earned its spot in the international arena with landmark progress in IT, bio-technology, garment manufacturing, industrial development, real estate, health, higher education and hospitality.

Silicon city has now started to see growth pangs which are painful. A 15min distance to cover 2 yrs ago now can take an hour many times. The weather that this IT city is to be used to, is fast vanishing , leaving in its wake dry scratchy heat!

Construction work seems to be in progress everywhere you look and that to my mind is contributing to the heat island effect in this garden city

Despite all this downslide Bangalore is very close to my heart. This city was my first home away from home. I was lucky to have made some precious friends there, grew professionally, got myself a lovely home, hung out at my fave places, and most importantly I found my independance there

I sincerely wish Bangalore finds a solution to all its problems soon

5 comments:

mathatheist said...

I hope so too.

I loved this city when I came here for the first time. The streets were lined with trees, the weather was so perfect that not many homes had fans, the laid back lifestyle, the pubs, the long lunches at Victoria, the short distances. It's almost all gone now. Sigh.

Brian said...

ya.. Its kinda painful to see the city detorate at such a fast pace.. owning a property within the city is a distant dream for many middle class families today.

Only hope for many is Mysore city which is still affordable and calm but one needs to take a cut back on their professional growth

brian
blog.greatescapes.co.in

malika said...

all India cities are facing the same pangs! I wonder when this pain will be behind us, and when we will get to enjoy modernity

Mee said...

Soon guys soo things will be back to good with Bglr- cmon have the faith!:)

Martin said...

The real estate is one sector that features as one of the most badly hit sectors following the global economic meltdown. Especially in developing countries like India, where real estate was going great guns, so to say, faced a steep downfall following the recession and inflation. Especially in the metros and the developing cities like Bangalore, real estate suffered dearly as the demand for the residential units, though increasing became a pent up demand. The badly hit economy particularly the IT sector that has a strong foothold in Bangalore, and the high rates of interest in home loans made the demand for residential units go down or at best become a pent up demand. It is believed that once the situation stabilizes the demands would start surfacing. Another very problematic issue that the real estate dealers are facing is that patrons of the currently booked flats are not willing to pay the original price that they had agreed on but the current price that is less than the original amount owing to the current economic condition. Not only the residential units but the commercial properties like the hotels in Bangalore have also naturally seen a drop in their occupancy. The ITC hotels in Bangalore that registered the highest occupancy, as high as 83%, have been forced to cut down on their tariffs by almost 20% as the occupancy has also gone down by 20%. On the contrary, the business hotels in Bangalore are surviving the tough times as the number of business travelers has not been affected as hard as the umber of leisure hotels. The budget hotels in Bangalore have seen a hike owing to the obvious reasons.