In 2015, the average cost of an apartment in Bellandur was per square feet. Generally, land located closer to the Outer Ring Road is most expensive, with prices reducing as distance from the Ring Road increases. Bellandur is a popular residential location for employees of Bangalore's information technology (IT) and finance industry due to the presence of several special economic zones in the area. The offices of KPMG, SAP Labs, AT&T, Cisco, Intel, Wipro and other major IT and finance firms are located in the suburb. Whitefield and Electronic City, two other IT hubs in Bangalore, are located about 12–15 km and 15–18 km away from Bellandur. Real estate developer Sobha estimated that 80% of apartments in Bellandur are purchased by IT employees.