India, Oct. 11 -- Once the poster children of Bengaluru's real estate market frenzy, in areas like Whitefield, Sarjapur Road, and neighbourhoods near the Kempegowda International Airport have long been magnets for homebuyers and investors. Known for their proximity to IT hubs and infrastructure growth, these micro-markets symbolised the city's transformation into a real estate powerhouse. However, the buzz may be softening, especially in the vicinity of the city's IT corridors. Local brokers say buyer enquiries have dipped noticeably in the past two months. This is despite the ongoing festive season, traditionally a peak period for home purchases.

In South Bengaluru, areas like Electronic City and Bannerghatta Road host some of the earli...