Situated in the south-eastern part of the city, it is one of the largest, and a highly sought after residential locality with its wide tree-lined boulevards with a mix of luxury apartments, commercial structures & posh bungalows. It is the focal point of many busy main roads, notably the Intermediate Ring Road (linking the Airport Road with Hosur Road and Electronics City), Sarjapur Road (leading
to the Outer Ring Road, the IT corridor and beyond) and 80 Feet Road (leading to Viveknagar and MG Road at the center of Bangalore). It commands one of the highest property prices in the city and is considered the best place to live in, although increasing traffic and population have posed problems. Divided into 8 Blocks, the 5th, 6th and 7th Blocks are more commercial than the others, with many restaurants, pubs, shopping complexes and offices being located there. Banks like HDFC, ICICI, Dhanalakshmi Bank, Deutsche Bank, Canara Bank, Metlife & SBI can be found in convenient locations. The 1st, 3rd & 4th blocks are highly populated and more residential, while many commercial establishments are also found. Koramangala is also home to some educational institutions like the St. John's Medical College, Jyoti Nivas College, Vemana Institute of Technology, Indian Institute of Astrophysics, NMIMS, TAPMI and others. To mention a few: Infosys, Wipro, NDS, Siemens VDO, Microland, Zenith Software, Tally Solutions Pvt. Ltd., Tricon Infotech Pvt. Ltd, Methode electronics India Pvt. Ltd., Robert Bosch, Mindtree, Lucent Technologies,Toshiba Embedded Software India (TESI), Tavant Technologies, Ciber, and the Indian e-commerce firm Flipkart. Koramangala has shopping & entertainment malls like The Forum & Oasis Centre, and specialised shopping stores like Raheja Complex, Big Bazaar, Staples, Star Bazaar, Tata Chroma, Reliance Electronics, Shoppers Stop and many others. A large number of restaurants, upscale houses and apartment complexes, several well maintained mini-parks and a number of Indian and multi-national software companies distinguish Koramangala from other parts of the city. It hosts luxury apartment complexes like Prestige Acropolis, Raheja Residency, Embassy Tranquil, Prestige Oakwood, and the upcoming Raheja Vivarea to name a few. Koramangala has over 200 restaurants. Some popular international food chains like Costa Cafe, McDonalds, KFC, Taco Bell, Dominos, Papa John's Pizza, Pizza Hut, Kiwi Kiss, Baskin Robbins call Koramangala their home