Open Offices – A Boon or A Bane?

Open Offices

Open offices have been synonymous with flexibility, communication and collaboration. However, they are slowly losing their purpose and possibly the very thing they intended to accomplish, especially due to ever increasing complaints from employees about noise and clutter. As the saying goes “One size doesn’t fits all,” it just maybe true in the case of […]

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Spelling out the Union Budget 2016-17

~By Mr. Shrinivas Rao, CEO-Asia Pacific, Vestian~ The Union Budget struck a fine balance between being “populist and reformist”. From a real estate sector standpoint, almost all segments—from housing to investments in SEZs and retail are expected to benefit from the proposed bill.  From an expectation of the industry vis-a-vis the budget announcement, here are […]

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Guidance value to be revised

Guidance value to be revised | Vestian

Bengaluru, get ready for this year’s property revision which is most likely going to see an average rise of 10% and may even go up to 200% in some areas. According to Shrinivas Rao, CEO,Asia Pacific, vestian Global Services, bangaluru’s commercial market has been extremely good this year and if the figure is any indicating, […]

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Start-ups rev-up space demand

Multiethnic People with Startup Business Talking in a Cafe

Within the city, South Bangaluru seems to be the hot-spot for start-ups. The area provides good accessibility and affordable price – important factors that startups consider. Grade A office space on the sought after Outer Ring Road clocked rents between Rs 50-55 sq ft per month, says Shrinivas rao, CEO-APAC, Vestian, a real estate consultancy. […]

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IT hubs fuel demand in Bannerghatta Road belt

IT hubs fuel demand in Bannerghatta Road belt | Vestian

Shrinivas Rao, CEO APAC, Vestian Global Workplace Solutions, explains the factors that work in favour of Bannerghatta Road. “The presence of ITITeS locations on Bannerghatta Road and also the region’s proximity to Electronics City as well as traditional industrial areas of Jigani and Bommasandra makes Bannerghatta Road a preferred choice for most professionals working in […]

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Just around the corner

Infrastructure influences the economic growth and real estate development of a city. Notable infrastructure projects like Mumbai Metro, Mumbai-Panvel Freeway, Monorails and the new T2 terminal of Mumbai International Airport have contributed to the city’s growth manifold. Upcoming infrastructure project include the Navi Mumbai International Airport (NMIA), while Coastal Road and Mumbai Trans-Harbour Link have […]

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Location is a major plus for Marathahalli

According to a research analysis by Vestian Global Work- place Services, Marathahalli is mainly known for its apartment developments. Most of the apartment projects in this location have units with an average area of 1,200-2,500 sqft and are priced between Rs 4,000-6,500 per sqft. Vestian’s research analysis for July 2015 reveals approximately 2,605 Grade-A residential […]

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