Bangalore - IT Parks & IT SEZs thread

[gentem]

Originally Posted by avinash2060

Compensation/acre of 70 lakh for non agricultural Land less???(Not even a single inch of land in Devanhalli is Fertile it's all Barren There ,Well Bangalore has Global Image ,You cannot Find Quality Workforce in Mysore ,Belgaum, Hubli Shimoga, Hasan etc ,After It's Based on Employees Preference Companies Set up Campuses not to please Local People of Tier-2 Cities ,If Infosys Hires 25000 hardly 10000 turn up and among them 10-20% will quit during training people coming from Bangalore,Hydrabad,Delhi,Mumbai,Kolkata and other Metros find Life in Mysore Boring with no Shopping Malls and Recreational Centers They will die out of Boredom .If the Company Has to Retain Best in Class Talent They are Compelled to set up Campus in Top Eight Metros

Well said, metros are kings And there is one more angle, if we start ITIR is mysore then hubli will protest and vice versa. But no politics if it started in bangalore, and even TN and AP will support blore over other cities of ktaka...

But shopping malls, pubs etc are coming to mys mlore etc. But even flight connectivity issues are there, as even if airport is built, private airlines may not start flight services.

Yes Nandi hills is where rivers just start, so not much water there..

[arunpr]

Originally Posted by avinash2060

Compensation/acre of 70 lakh for non agricultural Land less???(Not even a single inch of land in Devanhalli is Fertile it's all Barren There ,Well Bangalore has Global Image ,You cannot Find Quality Workforce in Mysore ,Belgaum, Hubli Shimoga, Hasan etc ,After It's Based on Employees Preference Companies Set up Campuses not to please Local People of Tier-2 Cities ,If Infosys Hires 25000 hardly 10000 turn up and among them 10-20% will quit during training people coming from Bangalore,Hydrabad,Delhi,Mumbai,Kolkata and other Metros find Life in Mysore Boring with no Shopping Malls and Recreational Centers They will die out of Boredom .If the Company Has to Retain Best in Class Talent They are Compelled to set up Campus in Top Eight Metros

Who told u that the land in not fertile? Dont just see wikimapia and make assumptions. Entire 10000 acres is agricluture land only. You can go and check that place.

This is what I am saying. Govt is wasting tax payers money to acquire land. So the total amount to acquire land is 7000 crores. Govt is using this money to acquire the land owned by party members. This is what ministers like Yedyy/Katta is doing. Politicians are buying land for very cheap rates from farmers and force them to leave that place. Then same ministers are using tax payers money to acquire same land owned by them at very high rates. At the same time 1000s of acres of barren land is available in other places and govt is not ready to use that land. Also govts IT parks in other places are lying vacant.


Instead of using tax payers money for the developments of the state, politcians are taking it to their home. With 7000 crore, govt can make 2 or 3 Bangalore in Karnataka. with proper infrastructure. Govt can easily get land for cheap rates in other districts. Govt has to spend this money for the upliftment of the people in rural areas of Karnataka.

Companies like Infosys/Wipro/TCS has a very high attrition rates in Bangalore/Hyd/Chennai. Attrition is very less in Teir 2/Tier 3 cities. Best examples are cities like Coimbatore/Mysore/Mangalore/Trivandrum/Kochi
Also ITIR is not coming in Bangalore. It is coming in Doddaballapur. Govt is planning to earn money for the politcial leaders. Only 2 years left and they want to take as much money as possible !!!

[arunpr]

Originally Posted by gentem

Well said, metros are kings And there is one more angle, if we start ITIR is mysore then hubli will protest and vice versa. But no politics if it started in bangalore, and even TN and AP will support blore over other cities of ktaka...

But shopping malls, pubs etc are coming to mys mlore etc. But even flight connectivity issues are there, as even if airport is built, private airlines may not start flight services.

Yes Nandi hills is where rivers just start, so not much water there..

Instead of spending 7000 crores in Bangalore, govt can spend that money to contruct airports in other places. It will help local kannadigas to get more jobs also.

[avinash2060]

Bangalore, Oct 2, DHNS

The ruling BJP, in the line of fire over allegations of illegal land denotification went on the offensive on Saturday.

The party alleged that nearly 1,000 acres of land has been denotified in the past 10 years including 60 acres by H D Kumaraswamy as the chief minister.

Addressing mediapersons, senior BJP leader and Lok Sabha member D B Chandre Gowda said Kumaraswamy had denotified 60 acres of prime land that the Bangalore Development Authority (BDA) had acquired to form Arkavathy Layout, to help Manyata Developers.

The denotification, he alleged, was done despite the rejection of the proposal by the high-level official committee headed by the Urban Development Department principal secretary.

He also distributed a copy of the document to the media. “Stop mud-slinging in public or we will be forced to make public all irregularities during the 20-month rule of Kumaraswamy government,” Gowda said. He was addressing the media jointly with Labour Minister B N Bachegowda and Yeddyurappa’s Political Secretary Puttaswamy at the Chief Minister’s home office Krishna.

‘Why target BSY?’

Gowda said a total of 275.21 acres of land has been denotified during Kumaraswamy’s regime, 127.21 acres during the Governor’s rule and 169.19 acres by Yeddyurappa. “Why make allegations only against Yeddyurappa when all governments in the past 10 years have done it?” he said.

He further defended Yeddyurappa’s decision to denotify 7.5 acres land, including 1.25 acres held by two sons, saying that the Chief Minister has the power to denotify acquired land.

32 sites in Mysore

Asked about allegations of nepotism against Yeddyurappa in denotifying the land held by his sons, Gowda released a set of documents to show that JD(S) chief H D Deve Gowda’s family members, including Kumaraswamy, got 32 sites allotted in prime localities of Mysore city in 1984. “Before levelling nepotism charges, Kumaraswamy should know how his family members got 32 sites in Mysore,” he hit back.

Chandre Gowda, however, parried all questions pertaining to the allegations that Yeddyurappa has flouted rules while denotifying the land.

On the alleged forged signature of the chief minister, the MP said only a competent authority should tell that whether the signature was forged or not. He added that Yeddyurappa had already clarified that it was his signature.

Chandre Gowda and Puttaswamy called upon Opposition parties to stop mud-slinging in public in the interest of dignity of the State. “The Opposition parties should stop washing dirty linen in public. Let us try to reconcile ourselves,” they said.

Complaint to Lokayukta

Meanwhile, BJP sources said the party will lodge a complaint with Karnataka Lokayukta and Governor H R Bhardwaj against alleged illegal land denotifications done during the H D Kumaraswamy’s regime, on October 4. The strategy is to counter the attack against the chief minister over allegations of illegal denotification, sources said.

Chief Minister for a probe

Chief Minister Yeddyurappa has said he is ready to order a high-level probe into the allegations of illegal land denotifications, Chandre Gowda disclosed.

He said he has spoken to Yeddyurappa on the issue and urged him to order a probe, preferably by Karnataka Lokayukta, and that the Chief Minister has agreed to the suggestion. “I also urged him that probe should cover all denotifications done in the last 10 years,” he stated.

Deccan Herald
http://www.deccanherald.com/content/...s-aid.html#top

[arunpr]

Originally Posted by avinash2060

Deccan Herald
http://www.deccanherald.com/content/...s-aid.html#top

A Judicial enquiry has to be done to expose all the fraud land dealings happened in Bangalore in the last 10 years !!!!

[naveen_blr]

Yawnn

[Jomy]

Originally Posted by engineer.akash

In south India after -Bengaluru-Chennai-Hyderabad in IT/ITES Its Mysore



Tier One league

Bangalore>>>>Chennai>>>>Hyderbad

Tier two Leauge

Mysore>>Mangalore>>>Trivandrum

Tier Three league

Cochin>>Coimbatore>>Vizag

Trivandrum leads Tier two league. followed by Mangalore and then Mysore
Trivandrum>>Mangalore>>Mysore

http://www.financialexpress.com/news...digarh/689565/

Trivandrum will join with Tier One leauge soon......

[naveen_blr]

i support inclusive growth instead of targeting one city one region. this would reduce the load on infra/cut costs/reduce attrition

[gentem]

Originally Posted by naveen_blr

i support inclusive growth instead of targeting one city one region. this would reduce the load on infra/cut costs/reduce attrition

Dude private companies go where it suits them best. It is plug and play in Bangalore, buy space and hire full technical team in just 1 month time.
They wont set up shop in Hubli, they have to pay more to people to go work in hubli, or many suitable talent people decline to work there, or to relocate.
They cant lose money of their stockholders thinking inclusive etc etc..

[arunpr]

Originally Posted by gentem

Dude private companies go where it suits them best. It is plug and play in Bangalore, buy space and hire full technical team in just 1 month time.
They wont set up shop in Hubli, they have to pay more to people to go work in hubli, or many suitable talent people decline to work there, or to relocate.
They cant lose money of their stockholders thinking inclusive etc etc..

Its difficult for new companies or small companies to start operations in Hubli or other Tier 2 or Tier 3 cities. There is no need to give more salaries. Bit it will be difficult for small companies to get resources in Tier2/3 cities.

But govt should ask big companies like TCS, Infosys, Wipro, CTS, Accenture, IBM etc to move their main operations to Tier 2 or Tier 3 cities. Govt should give them land for cheap rates in tier 2/3 cities, so that big companies also will be interested to move there. Govt should also provide proper infrastructure.

Now some politicians & ministers are playing as brokers who are allotting land to big companies in Bangalore/Chennai/Other metros. Intention is money for them. So they dont want companies to start operations in Tier 2 or 3 cities. Such kind of politcians are really creating issues in cities. Some real estate comapanies & the admin people from some software companies are supporting them to earn windfall profits in the deals.

I personally know about some admin & facility guys of MNCs shifted to Manyata Tech Park. They earned crores of money for shifting the offices to Manyata Tech Park. Finally the losers are the IT companies & the tax payers !!!! If this situation goes on like this, then US/European companies cannot able to take much advantage of the cost factor in India. And they will look for other countries !!!

[avinash2060]

This Thread follows and tracks Investments in Bangalore ,This Thread is not Meant for Developing tier 2 cities and Villages

[avinash2060]

Somebody Hailing From Bangalore ,Hyd,Chennai ,Delhi or Mumbai Why the hell will he go and work in Hubli ,IBM is Expanding big time in Bangalore same with Microsoft .Best Talent will join this firms .Those in Hubli will only get left overs in tier-2 cities to Employ.Who said It Companies are willing to relocate to tier-2 cities ,If that was the case why did Infosys ask for building two Campsus in Bangalore (12000 workforce in Sarjapur Road ,10000 in Devanhalli),IBM(has signed up for 4 million sqft office space with Manyata Tech Park,same with CTS ,TCs is setting up new campus in Devanhalli .BSY is also offering land in tier-2 cities it up to the MNC's to decide if you force them they will go to hyd ,delhi and mumbai .like what happened in DG's Regime .Even land in mysore is not cheap it's 35 lakh's/acre of KIADAB land same in other tier two cities, Companies would rather pay 70 lakh/acre and expand in bangalore

[engineer.akash]

Originally Posted by avinash2060

This Thread follows and tracks Investments in Bangalore ,This Thread is not Meant for Developing tier 2 cities and Villages

+1 please mods clean up this thread....

[arunpr]

Originally Posted by avinash2060

Somebody Hailing From Bangalore ,Hyd,Chennai ,Delhi or Mumbai Why the hell will he go and work in Hubli ,IBM is Expanding big time in Bangalore same with Microsoft .Best Talent will join this firms .Those in Hubli will only get left overs in tier-2 cities to Employ.Who said It Companies are willing to relocate to tier-2 cities ,If that was the case why did Infosys ask for building two Campsus in Bangalore (12000 workforce in Sarjapur Road ,10000 in Devanhalli),IBM(has signed up for 4 million sqft office space with Manyata Tech Park,same with CTS ,TCs is setting up new campus in Devanhalli .BSY is also offering land in tier-2 cities it up to the MNC's to decide if you force them they will go to hyd ,delhi and mumbai .like what happened in DG's Regime .Even land in mysore is not cheap it's 35 lakh's/acre of KIADAB land same in other tier two cities, Companies would rather pay 70 lakh/acre and expand in bangalore

Some people at the management level of IT companies has real estate & political interests, not all. They are only lobbying for investment in metros. They want more land in Bangalore for real estate. Their intention is to help some politcians !! Most of the companies are really interested to invest in Tier 2 & Tier 3 cities. Thats the reason why companies like TCS, Wipro, CTS etc are moving to Tier 2 and Tier 3 cities. Even small companies like PACE & Path partner also moving to Tier 2 cities.

TCS doesnt have any own campus in Bangalore. Thats the reason why they asked for 100acres of land and they want to shift their existing operations to a campus. TCS has land for campus in places like Chennai, Pune, Trivandrum, Kochi etc. In Bangalore, most of the facilities are leased ones. Some Infy directors have links with the politicians and thats they want more land in Bangalore. Some vested interest grps in some companies are interested to acquire land using tax payers money to make windfall profits. It is not the case with all companies.

[dis.agree]

Originally Posted by arunpr

Some people at the management level of IT companies has real estate & political interests, not all. They are only lobbying for investment in metros. They want more land in Bangalore for real estate. Their intention is to help some politcians !! Most of the companies are really interested to invest in Tier 2 & Tier 3 cities. Thats the reason why companies like TCS, Wipro, CTS etc are moving to Tier 2 and Tier 3 cities. Even small companies like PACE & Path partner also moving to Tier 2 cities.

TCS doesnt have any own campus in Bangalore. Thats the reason why they asked for 100acres of land and they want to shift their existing operations to a campus. TCS has land for campus in places like Chennai, Pune, Trivandrum, Kochi etc. In Bangalore, most of the facilities are leased ones. Some Infy directors have links with the politicians and thats they want more land in Bangalore. Some vested interest grps in some companies are interested to acquire land using tax payers money to make windfall profits. It is not the case with all companies.

your initial arguments were targeted at government & corruption - your opinions and they were fair enough. but you have started to target private companies & their management as well for choosing bangalore over tier 2 cities. you are now talking rubbish. if a company is losing out because of corrupt management/poor decisions, that is still private business. if you have issues, please bring them with the companies board & other channels. stop your cynicism on this thread.

[arunpr]

Originally Posted by dis.agree

your initial arguments were targeted at government & corruption - your opinions and they were fair enough. but you have started to target private companies & their management as well for choosing bangalore over tier 2 cities. you are now talking rubbish. if a company is losing out because of corrupt management/poor decisions, that is still private business. if you have issues, please bring them with the companies board & other channels. stop your cynicism on this thread.

We should know about the corruption in private & public companies. There is nothing wrong in it. Both polticians and some corrupt management personals sitting on the heads of some companies are really responsible for the infrastructure issues in Bangalore. They are only thinking about making personal windfall profits !!!

Some politicians and business men & trying to loot tax payers money in the name of ITIR now. Several lakhs of IT space is vacant in many places in the state. Still govt want to acquire politicians land at high rates to earn money for the party & its leaders !!! Instead of wasting money for ministers land, govt should spend money to construct proper roads & other facilities to have proper access to the present IT parks in Whitefiled, ITPL, Brookefileds, Elelctronics City etc !!!!! People are not able to travel to these areas during morning & evening time due to poor roads!!!!! This became so worse in the last 5 years & no improvement happened (Improvement in connectivity to Electronics City - In EC also, flyover is not constructed using state govts money. Money is going to be taken from people thru toll)!!

[gentem]

Originally Posted by arunpr

We should know about the corruption in private & public companies. There is nothing wrong in it. Both polticians and some corrupt management personals sitting on the heads of some companies are really responsible for the infrastructure issues in Bangalore. They are only thinking about making personal windfall profits !!!

Some politicians and business men & trying to loot tax payers money in the name of ITIR now. Several lakhs of IT space is vacant in many places in the state. Still govt want to acquire politicians land at high rates to earn money for the party & its leaders !!! Instead of wasting money for ministers land, govt should spend money to construct proper roads & other facilities to have proper access to the present IT parks in Whitefiled, ITPL, Brookefileds, Elelctronics City etc !!!!! People are not able to travel to these areas during morning & evening time due to poor roads!!!!! This became so worse in the last 5 years & no improvement happened (Improvement in connectivity to Electronics City - In EC also, flyover is not constructed using state govts money. Money is going to be taken from people thru toll)!!

We will nationalize infy wipro and tcs Govt has every right to invade on every private individual's private businesses..

This guy is communist from CPI(M) of bengal or kerala. Stop replying to him. Ban him if he posts "looting" one more time - u can see this word in each and every post by him, use cntr+f

Even govt corruption no point in making baseless allegations before everything is clear. We should prove it in court and send them to jail that is well and good, otherwise shut up and put up. Blaming politicians is fashion nowadays.

[arunpr]

Originally Posted by gentem

We will nationalize infy wipro and tcs Govt has every right to invade on every private individual's private businesses..

This guy is communist from CPI(M) of bengal or kerala. Stop replying to him. Ban him if he posts "looting" one more time - u can see this word in each and every post by him, use cntr+f

Even govt corruption no point in making baseless allegations before everything is clear. We should prove it in court and send them to jail that is well and good, otherwise shut up and put up. Blaming politicians is fashion nowadays.

I dont want any reply from you. Dont read my posts. No issues !!!! I am not posting for you !!! Senseless & selfish people like u are the real enemies of Bangalore/Karnataka/India not only politcians !!!!

If a person talks against corruption, then you will call them as Communist. I have seen this kind of allegations against many people in Bangalore discussion forums from people like u. You are afraid because your hands might be there in the corruption. Your only intention is money. Thats why you are here. Not for the betterment of Bangalore/Karnataka/India !!!! All the people are not like you !!!! People are involving in discussions here to know and to make known !!!!

“Not to argue and win but to know and to make known”

These are the words of the social reformer(Sree Narayana Guru) from kerala. You dont know anything abt these kind of reformers from kerala. Thats why you are talking nonsense !! You know only about the communists of kerala as they talk against corruption !!!! You are too afraid !!!

[sudheeshnairs]

Arun, please limit such discussions in projects threads. There is some point in what you say, but not all.

Gentem, no personal attacks.

I am selling commercial space to corporates and Bangalore do have lots & lots of supply, especially in the whitefield area & EC. The prices and transactions had crashed some months back, now showing signs of revival.

There are many factors which determine a company's decision whether to switch to tier II cities from Bangalore or not, the major factor being the availability of talent and critical mass and in this count Bangalore is numero uno.(of course a good size is from other states/cities and that is the reason why the major corporates are starting big enough campuses in such cities aimed at those who go back. TCS, Infosys, Wipro, CTS, Oracle, Accenture are examples) Gone are the days when the cost of real estate was cheaper in other tier II cities. For example, whitefield gives space for lesser rate than in Technopark (Trivandrum) or Infopark(Kochi). We ourselves get less rent from an IT corporate in Bangalore who pay more for their facility in Technopark and Infopark.

I AM NOT GETTING ENOUGH TIME, WILL DO THE NECESSARY CLEANING LATER

[engineer.akash]

Bangalore ORR Continues To Be Amongst India's Fastest Growing IT / ITeS Growth Corridors

IT / ITeS Growth Corridor Series Report released by Vestian Global indicates strong pointers for continued emergence of Outer Ring Road Bangalore as a favoured destination

Bengaluru, Karnataka, October 8, 2010 /India PRwire/ -- Vestian Global Workplace Services, a subsidiary of the Chicago-headquartered Vestian Group today released the inaugural (September 2010) edition of its IT/ITeS Growth Corridor Series, which focuses on Bangalore's Outer Ring Road spanning from Hebbal to Silk Board Junction. This stretch which is popularly referred to as ORR, which has developed rapidly in the last 10 years into an Information Technology (IT) growth corridor and accounts for almost 25% of Bangalore's total IT space, continues to prove to be an attractive destination for IT / ITeS corporations.

Vestian Global offers occupier-focused real estate services and is built on the strong foundation of an advocacy based approach to service delivery. The IT / ITeS Growth Corridor Series of research reports from Vestian Global is designed to enhance this advocacy based approach through relevant and high impact advisory on destinations for IT / ITeS corporations.

The significance of the inaugural report is the emphasis it places on the emergence of the ORR as a growth corridor for IT/ITeS development in Bangalore. ORR's IT growth corridor story commenced in early 2000s and with the initiation of Bangalore International Airport (BIA) in 2008 in Devanahalli, the ORR stretch gained importance since it serves as the main artery between BIAL and major IT hubs of Bangalore i.e. - Whitefield & Electronics City.

Few factors which makes the ORR one of the most attractive IT growth corridor of Bangalore are the availability of large land parcels; and proximity to established IT talent pool and residential hubs when compared with other peripheral locations of Bangalore. Ongoing infrastructure works aimed to transform the ORR into a signal free corridor and the upcoming hotel and retail projects will further enhance connectivity and support infrastructure in this micro market.

By the numbers, the estimated growth of ORR in 2010 and beyond can be put down as following:

* 18.6 million sqft of operational Grade A office space
* 3.3 million sqft under construction
* As of H1 2010, vacancy level is only 5% (1 million sqft) and expected to drop further by end of 2010.
* 25% of Bangalore's total operational IT space
* 75% of Bangalore's total operational IT/IteS SEZ space
* 95% of office space occupied by IT/ITes companies
* 28 million sqft planned Grade A office space

Mr. Shrinivas Rao, CEO, Vestian Global Workplace Services said, "The Vestian Global IT / ITeS Growth Corridor Report aims to highlight the aspects of ORR that were previously unanalysed. We are of the opinion that ORR will to continue to remain an attractive IT/ITeS growth corridor of Bangalore and improve further with planned completion of numerous flyovers/ underpasses between Hebbal and Silk-Board Jn. by end of 2011. This will be further enhanced through the upcoming business & social infrastructure.

While ORR over the years has emerged as the most preferred office space destination, this micro market foresees a few challenges including uncertainty on future of tax holiday for SEZ units post implementation of DTC in April 1, 2011 may have adverse effect on ORR, atleast in short term, as most of the office space supply along ORR is scheduled under SEZ category. Also the growth of ORR may slowdown due to the shift in focus towards Bangalore North for upcoming developments."

Source