Manyata Tech Park becomes the hot commercial real estate destination in Bangalore
Manyata Embassy Business Park (also named as Manyata Tech Park) is a software technology park in Bangalore, Karnataka India. It is located in the North Quadrant — Bangalore’s new bustling business corridor and home to several Fortune 500 companies. Manyata Embassy Business Park is easily accessible from the city centre, North, East and West Bangalore and is in very close to the new international airport.
The Tech Park has a building area of 8.3 million sq. ft. with around 95,000 employees. The park is spread over 424 acres (1,84,72,307 sq ft). Manyata Embassy Business Park has a workforce of around 80,000 professionals.
Some of the tenant companies of the tech park are AXA Technologies Shared Services, IBM, Larsen & Toubro, Cognizant, Atlas Copco (India) Ltd., Nokia Siemens, Philips, Alcatel-Lucent, Target Corporation, Northern Trust, Nvidia, indigene and Cerner.
Operational Amenities At Manyata Embassy Business Park Are As Follows:
- 1000 seats Common Food Court.
- Integrated security systems with the common control room.
- Information Centre.
- Day care centre.
- Aesthetically designed green spaces and breakout zones.
- ATMs, Financial Services.
- Intra-park shuttles & collaboration with BMTC for employee’s pick-up and drop-off on different routes.
- Ambulance Services inside the campus.
- Multi Level Car Parking for Tenants & Visitors.
- Fire Station within the Park.
- BESCOM sub-station.
- 600 seats Amphitheatre.
Residential Apartments near Manyata Tech park:
The apartments near manyata Tech Park in north Bengaluru is the best ever place to buy property and stay at your budget. This place which is consistently growing and surrounded by the top leading MNC’s.
Near to residential areas like Hebbal, RT Nagar, Kalyan Nagar, HRBR Layout and another close by areas. Subsidized government AC Volvo buses, only for Manyata Tech Park, which picks up in the morning from various stops and drops in the evening. Most isolated of the entire tech parks.
The main residential projects near to the manyata tech park are mantri developers launched their project Mantri Energia at Manyata Tech Park.
With 2 & 3 BHK flats near to Manyata Tech Park, Abodh is close to offices, schools and colleges yet away from the chaotic city. These homes add peace and serenity that will rejuvenate your body, mind and soul. When looking for your home, Abodh aims at delivering nothing less than perfection. And also the Serviced apartments are available near to manyata Tech Park.
Energize Programme-Creating Vibrant communities at Manyata Tech Park:
The Energize programme at Embassy Office Parks was perceived with the intention of building and growing our vibrant community of 160,000 park users.
Experience — will create an environment that generates energy. International ambience, Interesting design ethos, open spaces and rich landscaping.
Engage — Building interactivity and participation. Ongoing employees oriented programs that engage users, nurture talent, foster interactions by tapping varied interests spanning sports, culture, community responsibilities.
Exchange — foster communities that exchange and share. Fostering platforms and communities through virtual and real exchange of thoughts and experiences — bringing out the true spirit of collaboration.
Corporate Social Responsibility:
Fostering Communities through Education
- Nurturing communities with a strong focus on rural education.
- Constructed the Stonehill Government Higher Primary School in April 2012.
- Donated 3 acres of land for Parikrama’s first junior college in North Bangalore.
- Tied up with the NGO Colours of Life to streamline rural education initiatives.
- Currently, supports over 10 schools and 2000 pupils.
Demand for Commercial office space is high than its supply:
The office space sector has seen steady growth amid a prolonged drop in India’s residential space due to less demand, a rise in prices and unsold inventory. Realty firms with office development portfolio are not only focusing on their business growth but in some cases also shifting focus from residential to rent-yielding office projects.
In November, the Embassy Group entered into an agreement with Cornerstone Group to develop a 100-acre business park in Bangalore. Embassy Cornerstone Business Park, with a development potential of 12 million sq. Ft office space will be the Embassy Group’s fourth business park in the city, besides Embassy Golf Links Business Park, Embassy Manyata Business Park and Embassy Tech Village.
The supply of quality office space is less than the rising demand from companies or occupiers. Also, the demand is pushing developers to move outside their core markets.
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