Located in the prestigious Electronics City Phase 1, Bangalore, this state-of-the-art Tech Park is built on 2.07 acres (approximately 1 lakh sq. ft. of land) and boasts a total built-up area of 3,33,000 sq. ft., making it a prime destination for IT and corporate occupiers.
The land for this premier project was allotted by the Government of Karnataka in one of the most sought-after IT hubs—Electronics City. The building has been completed and is ready for occupation, with all statutory approvals, including the Occupancy Certificate, in place.
The Tech Park operates as a Special Purpose Vehicle (SPV), making the transaction a straight share transfer. This unique structure means the buyer will not incur any stamp duty or registration costs, leading to savings of approximately 7.5%.
The project is financed by a major Nationalized Bank, ensuring that all legal opinions and NOCs are readily available for a smooth transaction.
Built to M40-grade construction standards in compliance with IS codes, the building ensures structural durability and safety.
Electronics City is a premier IT destination with several advantages:
The area is home to renowned IT companies and multinational corporations such as Siemens, HP, TCS, Infosys, and Wipro, solidifying its position as a leading technology hub.
Sultan’s Real Estate, based in Bangalore, was founded by four individuals with significant expertise in sales, marketing, and land procurement. The proficient sales and marketing team has successfully managed various national-level sports events. Meanwhile, the procurement team has effectively acquired substantial land for renowned developers in the region.
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