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Bangalore real estate are witnessing an era of stagnation. It is stock of unoccupied properties in the Whitefield area. The basic measure is the IT and IT-enabled services in the direction of green building. Green buildings are the peg of the Year how the world is adapting green arena to various environmental issues. All the builders and developers are committed to the green technology for the construction of their buildings.

The upcoming real estate activities in Bangalore is at the outer ring and the peripheral areas. Only a few buildings where the construction has just lie freely. The Bangalore real estate market experienced as free unit in the past few months. The reason is the rising demand of green building. The newly built Bangalore properties are not met green building, and thus they are not as green.

The IT and ITES companies are not occupied that office and as a consequence of the real estate values are stagnant and prices fall with time. In the last quarter of the demand - supply mismatch was approximately one million sq.ft. (as the report by Cushman & Wakefield).

The Bangalore Real Estate Builders and property developers are still hesitant in the green houses and buildings by a new technology, because their profit margin. Also, the upcoming and ongoing projects are overpriced than the market value.

The region of Whitefield in Bangalore where the IT and ITES firms occupy most of the office, another could be delivered if a blow Bangalore government regulation, the tax rebate for businesses located on the side "technology park" is at the end of next year.

Most companies are in the direction of Special Economic Zones (SEZ), as per code, the green, and it will continue to make some free Bangalore properties. Thus Bangalore real estate builders have no choice but to start construction of green buildings to the environment as well as their own business

George Gonigal gives you the best and latest information on Bangalore Real Estate, if you want to buy apartments in Bangalore, he suggests you log on to magicbricks.com

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