Commercial Market segments

        The two central areas of Bangalore are

• M.G.Road extending southward towards Richmond Road and towards Cunningham Road in the north.

• The Majestic area.

        MG Road and its surroundings compromise the city's CBD. The area neighboring Majestic is mostly compromised of local trading outlets and is the heart of traditional / old city.

        The Bangalore commercial market segment has been delineated into three spatial limits.

1. CBD.

2. Suburban.

3. Peripheral.

4. Industrial.

    1. Central Business District

        Unlike Connaught Place of New Delhi and Nariman Point of Mumbai, Bangalore has no true concept of a CBD. The flexibility provided thus, for the business sector, has seen the CBD grow from the main business address of MG Road to other main roads such as Residency Road, Richmond Road, Brigade Road, Infantry Road and Cunningham Road.

        The CBD can be further classified into:

• Prime CBD

        The prime CBD is defined as areas that fall within a radius of 2 km from the city core. The center of the CBD  is defined as the public utility building of MG Road. This area has seen substantial commercial development  activity in the past few years.

        The prime CBD consists of MG Road, Brigade Road and Bylanes directly around these two roads. With the spiraling costs of Real Estate on MG Road in 1994 and the unavailability of good quality premium space, the CBD extended towards north & south of MG Road. It is the city's most premium quality office space and retail outlets. The level of infrastructure and commercial facilities like Banks,Offices and accessibility to transport etc. are best found in the prime CBD area.

        Brigade Road, as seen some premium quality developments. However the usage on Brigade Road is primarily retail and commands the higher rental and capital value.

• Off Prime CBD

        The off prime CBD area defines as those areas which are contiguous to the CBD and within a radius of 2 to 5 kms from the central point of public utility building of MG Road.

        Some of the prominent streets in this area like Commercial Street, Infantry Road, Cunningham Road, Richmond Road, Residency Road, Millers Road, St. Mark's Road, Vittal Mallya Road, Lavelle Road. These areas have experienced strong development activities in the past few years.

        The advantage of these locations is reduced congestion, ease in availability of space, proximity to the city central and cost benefit relative to the city center.

        2. Suburban Areas

        The suburbs of Bangalore are classified as areas in a 5-10 kms radius of city center. Areas that have seen some  commercial development activity into Airport Road, Koramangala, Indiranagar and Jayanagar.

        3. Peripheral Areas.

        The Peripheral Areas of Bangalore compromise of Bellary Road, Whitefield and Bannerghatta Road.

        4. Industrial Areas

        The Industrial Areas of Bangalore compromise of Yeshwanthpur / Peenya, Veerasandra, Bommasandra, etc.,  have seen many small and large Industrial developments.