India, April 14 -- A viral Reddit post has ignited a heated debate over an "insane market bubble". The discussion began when a user expressed total disbelief after an acquaintance purchased a 1,400 sq. ft. 3BHK in Bengaluru's Avalahalli for Rs.1.6 crore. Questioning whether the market is driven by genuine value or pure FOMO, the critic argued that buyers are paying premium prices for "average" construction in gated communities.

"Insane market bubble in East BLR - how are people buying?!" a Reddit user wrote, adding one of their acquaintances purchased a "900 sq. ft. carpet area/1400 sq. ft. SBA 3BHK" for Rs.1.6 crore in Avalahalli.

The critic didn't hold back, stating, "To me, this seems absolutely deluded." They went on to challenge th...