India, March 1 -- Caution is spreading across Bengaluru's housing market as tech professionals rethink large home purchases. Following the 2021-23 buying boom, decisions have turned more cautious amid layoff concerns, AI-driven restructuring, stagnant prices and rising EMIs. While some buyers are steering clear of large loans and long tenures, others are choosing Rs.75-85 lakh homes with EMIs only marginally higher than rent, favouring affordability over luxury amenities.

One Bengaluru professional recently shared on Reddit that he booked a flat worth Rs.2.5 crore, with registration and interiors expected to push the total outlay close to Rs.3 crore. The plan involved taking a Rs.2 crore home loan.

"However, soon after booking, anxiety ...