We have talked about the software boom and its effects on property prices. If the software industry fuelled the real estate boom in Bangalore, quality constructions have helped maintain prices when other cities are witnessing a decline. Given that real estate prices in the Garden City will continue to be driven by the information technology sector, there are two major issues that could hinder future growth:

• The perennial shortage of power
  

• The bad condition of roads
  
  Over the years, these two factors have reduced the city's popularity across the world. Despite this, Bangalore has been ranked as the sixth most popular IT destination, globally. With corporate Karnataka and the government joining hands to set these short comings right, it looks like boom time is just around the corner for the Bangalore realtor.
  
  Rentals for commercial space ranges between Rs 5 and Rs 15 per square foot in Jayanagar, as the area has developed into a busy business centre, thanks to the spurt in commercial activity. For the peace loving, retiring residents, Jayanagar is still the place to be, as it is largely self-contained and comes with good educational institutions like the National College and the Rashtriya Vidyalaya High School for Girls.
  
  An ideal residential area, Banshankari boasts of some good schools and is a 20-minute drive away from the city-centre, this locality provides a wide range of choices for the real estate investor too. Flats are available from Rs 10 to Rs 20 lakh depending upon the size and add-ons.
  
  Yelahanka, situated about 20 kms from MG Road, has a varied rate in the locality itself between a very cheap Rs 565 to an up-market Rs 16,000 per square foot.