India, Oct. 18 -- Once seen as a city of opportunity for tech professionals, Bengaluru's housing market is showing signs of strain as property prices continue to climb, leaving many prospective buyers questioning affordability. Even modest 2BHK apartments in areas like Whitefield, Sarjapur, and Yelahanka now cost Rs.1 crore and above, excluding registration and interior costs. Rents have surged in parallel, reflecting post-pandemic inflation in the housing sector.
A Reddit user, who has lived in the city for six years, summed up the sentiment: "Prices seem insane everywhere. Rent has skyrocketed since COVID-19. I get that Bangalore is growing fast, but is this appreciation sustainable, or are we just riding a bubble?"
Experts note that ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.