India, Feb. 26 -- An X post listing prevailing residential property rates across Bengaluru triggered sharp pushback from homebuyers and local residents, many of whom called the numbers "detached from ground reality."
In the post, equity investor Pratham Khanna pegged Jayanagar at Rs.5,495 per sq ft, HSR Layout at Rs.7,757 per sq ft, Basavanagudi at Rs.8,984 per sq ft and Yeshwanthpur at Rs.16,270 per sq ft, among other micro-markets. The list quickly went viral.
The sharpest reactions were reserved for the quoted rates in established South Bengaluru neighbourhoods such as Jayanagar and Basavanagudi.
"Jayanagar for Rs.5,500 per sq ft? Maybe in some parallel universe," one user wrote, adding that residential land in the area typically tr...
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