India, March 23 -- Concerns over a potential correction in Bengaluru's housing market are resurfacing, with online discussions linking a possible slowdown in the global tech sector to weakening demand for high-value homes in the city. There is growing chatter that expensive lifestyles, long supported by high salaries and stable jobs, may not be sustainable. If prices in the luxury segment begin to soften, mid-market homes currently priced at Rs.2-3 crore could also see a reality check. Standalone apartments, lacking modern amenities, are expected to be the most vulnerable in such a scenario.

The post argued that many high-priced apartments are owned by young, high-income buyers or NRIs, often financed through loans and built on expectati...