India, Aug. 25 -- Bengaluru's housing market is witnessing sharp increase in property prices, particularly in emerging IT hubs like Varthur and Sarjapur in the southeastern part of the city, leaving many homebuyers divided over whether to invest in under-construction properties or stretch their budgets for ready-to-move-in homes.

A discussion on Reddit highlighted the dilemma of a prospective buyer with savings of Rs.40 lakh and a budget of Rs.1.3 crore, who is scouting for a three-bedroom apartment in Varthur or Sarjapur. With prices up significantly over the last year, properties slated for delivery within a year are commanding steep premiums, raising concerns of overpaying.

"I have saved around Rs.40 lakh currently in a fixed deposit...