The office space crunch in the country’s tech capital has prompted a top developer to acquire an upcoming luxury hotel project to expand its business park. RMZ Corp is acquiring, in what would have been, Bengaluru’s second Shangri-La hotel for little over $100 million (Rs 700 crore) to build an additional 2.5 million sqft office space in the city’s IT suburbs, people familiar with the matter said.<\/p>\n
Read more: Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The office space crunch in the country’s tech capital has prompted a top developer to acquire an upcoming luxury hotel project to expand its business park. RMZ Corp is acquiring, in what would have been, Bengaluru’s second Shangri-La hotel for little over $100 million (Rs 700 crore) to build an additional 2.5 million sqft office\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[104,96],"class_list":["post-585","post","type-post","status-publish","format-standard","hentry","category-bangalore","category-city","tag-office-space","tag-vacancy"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=585"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/585\/revisions"}],"predecessor-version":[{"id":586,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/585\/revisions\/586"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}