India, Nov. 25 -- A Bengaluru apartment bought for Rs.20 lakh two decades ago is now worth nearly Rs.1 crore, a story one of the Redditors said they have witnessed firsthand. However, as new homes in prime locations surpass the Rs.2-3 crore mark, homebuyers argue will buyers today will achieve the same kind of returns, or has the era of explosive home appreciation come to an end?
A Reddit discussion revealed divided views among homebuyers, who are grappling with rising EMIs, changing market realities, and the emotional value of owning a home. Several Redditors argued that the massive appreciation seen in older Bengaluru apartments was a product of timing, not investment genius. "Quick returns on property are luck. Very few people actuall...
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