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It has long been a trend of new companies - Indian and multinational - to find space for their offices, set ups in the suburbs of large cities.

The information technology (IT) industry might still be recovering from a recession and trying to find its feet, but it continues to turn the fortunes of the real estate sector.

It is the city that the NRI favours most in the south. Not just because it claims to be the IT and biotech capital of the country, but probably also because of its attitude, a laid back citizenry that mingles well with a work-hard, play-hard culture that has entered with the MNCs.

It has been long proclaimed that even in the real estate industry, the consumer has come to be king. The developments at the Confederation of Real Estate Developers' Association of India (Credai) held in Bangalore from November 22 to 24 and the inauguration of the country's first real estate supermarket, Propmart in the same city have only served to support the claim.

You've had a long, tiring day at the office. It's way past your usual closing time and there's work to be done at home, too.

Mysore today is still regal. The old buildings speak of an era of royalty, pomp, splendour and plenty. Though all that has been replaced by the hoi polloi, squalor and poverty to a large extent, it remains an attractive city.

It is the sunrise industry of today. Every one's hopes are pinned on to it. Students', professionals', farmers', cocktail party circuits', entire countries' and of course, the real estate industry's.

The last one heard of Mangalore was when the ill-fated Cogentrix simply made life difficult for the local populace. For long, the project stood as a dark shadow over Mangalore's prospects as a natural harbour town, with very few investors wanting to even look at it.

The rebates under the Income Tax Act for those availing housing loans have attracted several people to consider buying property.

In an operation marked by high security and complete secrecy, the Bangalore city police yesterday produced underworld don Muthappa Rai before a local magistrate and whisked him away to an undisclosed location.

If there is one redeeming factor in the Bangalore real estate scenario today, it is commercial property.

India Focus: Realty gets the professional touch