Mangalore is the coastal city of Karnataka located on the Arabian Sea and highly blessed with breathtaking scenic beauty. It is one of the major ports of India that is around 300 kilometres away from the state capital, Bangalore. Mangalore is seen as the next IT destination as after exploring the market potential in Bangalore and Mysore, leading IT and ITes companies are moving to Mangalore.
According to reports by international property research agencies, the saturation of major IT hubs like Bangalore has lead to a boom in the overall development of tier-III and tier- IV cities. On their look out for new technology centres, corporate leaders are ready to establish their presence it tier-III cities like Mangalore. The main reason for giving preference to such upcoming cities is that:
– There is a lot of land available easily unlike the fully developed cities like Delhi, Mumbai, Bangalore, etc. that are now almost choked.