With the steady implementation of strong reforms and policies by the government, the Indian realty market has today become more buyer-friendly and transparent. This has led to an increase in the percentage of NRI investment in the key residential markets of India. Among all the cities, Bangalore has gained the most traction by NRI investors in recent times.
Commonly known Nandi Infrastructure Corridor Enterprises Road or NICE Ring Road is a 4 to 6 lane private expressway that joins two major cities of Karnataka i.e. Bengaluru and Mysuru. The Ring road is also officially called as Bengaluru–Mysuru Infrastructure Corridor (BMIC) and is a combination of the Peripheral road (41 km), an Expressway (12 km) and a Link Road (9.1 km).
In the last few years, many infrastructural developments have improved the commercial realty market of this region with many MNCs and IT/ITes companies shifting their base here.