Bangalore.pdf

Bangalore’s Bagmane Tech Park is a well-known software technical park in
Bangalore’s C V Raman Nagar neighbourhood that is built and operated by the
Bagmane Group. The Bagmane Group’s initial initiative was introduced in 1998.
The computer giant has built numerous high-end workplaces throughout the city,
all of which are renowned for their cutting-edge designs and comprehensive
amenities.
Ten buildings in the tech park house the offices of well-known businesses like
Boeing India Pvt. Ltd., HSBC, Alstom Transport, Dell, Oracle, and Motorola. It also
contains a mall and a lake close to the entrance. The tech park is one of the most
sought-after business locations in the city and is furnished with necessities
including lifts, CCTV cameras, a power backup system, and reserved parking.

1. Bangalore’s Bagmane Tech Park: Profile, Encroachment,
and Demolition Drive
Introduction Bangalore’s Bagmane Tech Park
Bangalore’s Bagmane Tech Park is a well-known software technical park in
Bangalore’s C V Raman Nagar neighbourhood that is built and operated by the
Bagmane Group. The Bagmane Group’s initial initiative was introduced in 1998.
The computer giant has built numerous high-end workplaces throughout the city,
all of which are renowned for their cutting-edge designs and comprehensive
amenities.
Ten buildings in the tech park house the offices of well-known businesses like
Boeing India Pvt. Ltd., HSBC, Alstom Transport, Dell, Oracle, and Motorola. It also
contains a mall and a lake close to the entrance. The tech park is one of the most
sought-after business locations in the city and is furnished with necessities
including lifts, CCTV cameras, a power backup system, and reserved parking.
Bagmane Tech Park, which is 6 km from HAL Airport, is bordered by the DRDO
(Defence Research and Development Organisation) and the HAL (Hindustan
Aeronautics Limited) Aerospace Company. It is close to the established residential
districts of East Bangalore and has good access to the city’s key locations via local
and metro trains, as well as roadways.

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Issue With Encroachment In Bagmane Tech Park
Bagmane Tech Park is now being investigated by the BBMP for encroaching on a
stormwater drain that caused significant flooding in some areas of Bangalore
during the first week of September 2022. Although the tech park acknowledged
infringing on a stormwater drain, it claimed that Purva Parkridge’s builder was

2. accountable for the same. The residential complex Purva Parkridge was
constructed by renowned real estate developer Puravankara Ltd.
Bagmane Tech Park was determined to have encroached on the stormwater drain
by 2.4 metres.
A survey of Puravankara Purva Parkridge revealed that two of the 149 villas on
the site have encroached by 2.5 metres on the stormwater drains. To validate
this, the property underwent two surveys.
The verdict of the court will determine the next step. According to reports,
hundreds of Bangalore’s high-profile builders have illegally encroached on and
plugged stormwater drains, causing the city to flood severely.

Demolition In Bagmane Park
Bangalore’s municipal organisation, BBMP, has begun a demolition operation as a
result of the severe waterlogging in the city. Buildings on the stormwater drain
are being demolished by the local authority in order to prevent major flooding in
the future. As a result, the Karnataka Lokayukta has advised the BBMP and
Bagmane Tech Park to work together.
The tech park asked the Karnataka Lokayukta to request that the demolition drive
be stopped on its property, but the Lokayukta declined. However, it has urged
local government representatives to follow legal procedures before beginning any
destruction. According to the BBMP, the demolition work will proceed in
accordance with the High Court’s directive.
The developer of Bagmane Tech Park destroyed its concrete slabs on Tuesday,
September 22, 2022. The drainage drain that cut through the campus was
covered by slabs that stretched 80 metres, according to the BBMP (Bruhat
Bengaluru Mahanagara Palike). According to a BBMP employee in charge of the
Mahadevapura zone’s SWD encroachments, the tech park removed the slabs
blocking the drain to allow the correct water flow.
The developer willingly made arrangements for encroachment clearance, the
BBMP officer added. As soon as the fresh survey confirmed the encroachments,

3. the developer made this choice. The high court received survey information from
the BBMP.
The BBMP’s effort to eradicate encroachments included Bagmane Tech Park.
Wipro, RMZ EcoSpace, Prestige Group (Borewell Road), TCED Apartment
(Approach Road), Epsilon (Yemlur), Gopalan International School, DivyaSree 77
East, and Nalapad Academy were just a few of the upscale properties featured in
the survey.
Bagmane Tech Park Quck Facts

Facts Details
Name Bagmane Tech Park
Location CV Raman Nagar
Opening Year 1998
Total Build Up Area 5 Million Sq .Ft
Campus Area 42 Acers

4. No Of Buildings 10
Amenities Lift, power backup, security, reserved
parking, CCTV camera



Companies In Bagmane Tech Park
Bagmane Tech Park houses many important companies, including:
1. Alstom Transport
2. Boeing India Pvt. Ltd.
3. Oracle
4. Texas Instruments
5. Dell
6. Nike
7. LinkedIn
8. PwC
9. Microfocus
10. Grant Thornton, India
11. Cisco
12. Informatica
13. Hotstar

5. 14. Volvo
15. Cypress
16. Sap Concur
17. HSBC
18. Motorola
19. Juniper Networks
20. TecnoTree
21. Hewlett-Packard Enterprise
22. Sapient Corporation
23. Cognizant Technology Solutions
24. CME Group
25. CommVault Systems

Bangalore’s Bagmane Tech Park Real Estate Prices
There are several homes in the region that are for sale or rent. In C V Raman
Nagar, about 27% of available houses cost between INR 40 and INR 60 lakhs, and
about 18% of properties cost between INR 60 and INR 80 lakhs.
On the other hand, between 10% and 15% of the properties in C. V. Raman Nagar
rent for this amount each month. A monthly rental of between INR 15K and INR
20K is available for about 17% of the units in this area.
Over time, the cost of real estate in C. V. Raman Nagar has gone up. Property
prices range from INR 3900 to INR 6500 per square foot, while rent ranges from
INR 13 to INR 20 per square foot. Properties in C. V. Raman Nagar are very well-
liked among purchasers and renters because of the excellent infrastructure and
high standard of living there.

6. Locality: Bagmane Tech Park, C. V. Raman Nagar
C V Raman Nagar is a developed and well-liked neighbourhood in Bengaluru that
is situated in the city’s eastern region. It has a mix of ongoing and finished
projects, including industrial units and residential communities. The
neighbourhood is one of the most sought-after areas in Bangalore because of its
close proximity to Bagmane Tech Park, HAL, DRDO, and other significant IT Parks
and organisations.
Indiranagar, Kaggadasapura, and Baiyappanahalli form the boundaries of C V
Raman Nagar, while popular residential areas like Byrasandra Extension, Cauveri
Colony, DRDO Phase 1 Township, and B.C. Gundappa Layout are nearby. There
are numerous 2, 3, and 4 BHK ready-to-move residences in the region, along with
various-sized plots, villas, and penthouses. The residential properties in and
around C. V. Raman Nagar are in great demand because it is a well-liked
neighbourhood in the city. Sys Sherwood Apartments, Purva 270 Degrees, Assetz
38 & Banyan, and Vivek Paradise are a few notable projects in the area.

Infrastructure In C. V. Raman Nagar
The neighbourhood has a strong physical infrastructure and is well connected to
other areas of Bangalore by a system of highways and railroads. Among the
closest bus stops are DRDO Township Bus Stop and C V Raman Nagar Bus Station.
For rapid and affordable metro transportation, the neighbourhood is connected
by the Baiyappanahalli Metro Station (3 km) on Bangalore Metro’s Purple Line.
The closest train stations are Baiyyappanahalli Train Station (3 km) and
Krishnarajapuram Railway Station (5 km), whereas Kempegowda International
Airport is located 39 km from C V Raman Nagar. The region has strong drainage,
power, and telecommunications infrastructure as well.

Social Infrastructure In C.V. Raman Nagar
The area has a robust social infrastructure, with numerous hospitals, schools, and
retail establishments nearby. Orchids Among the various educational institutions
in this area are The International School, Narayana PU/CBSE College, and SCT

7. College of Education. Abhayahasta Multispecialty Hospital, Motherhood Hospital,
and Sir C.V. Raman General Hospital are just a few of the top medical facilities in
and near C.V. Raman Nagar. Gopalan Signature Mall, Gopalan Grand Mall, DRSO
Phase 1 Shopping Complex, and Lifestyle Stores are a few well-liked shopping
destinations close to home. Atal Bihari Vajpayee Park, Kuvempu Park,
Visvesvaraya Park, Shiva Bhuvaneshwari Temple, and Shree Veera Anjaneya
Swami Temple are just a few of the parks and temples in the area.
Bagmane Tech Park Bangalore Images

8. Address For Bagmane Tech Park
Office location: Lakeview, 8th Floor, Bagmane Developers Pvt. Ltd.
Bangalore, Karnataka, 560 093: Bagmane Tech Park, C V Raman Nagar

Bagmane Tech Park Bangalore’s Conclusion
In Bangalore’s C. V. Raman Nagar, Bagmane Tech Park is a significant commercial
park. The residential areas next to the tech park are quite popular with both
home buyers and renters because they are in a well-liked part of the city. Taxis,
buses, metro trains, and local trains serve the transportation needs of both locals
and visitors in the neighbourhood, which also benefits from good road and rail
connectivity.

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