India, March 2 -- A proposed 10-15% increase in guidance values across parts of Karnataka is expected to temper homebuying sentiment, particularly in the Rs.1-2.5 crore segment. Bengaluru, heavily dependent on the IT sector, is facing uncertainty amid a global demand slowdown, AI-led measures, and concerns about workforce restructuring. Experts said that while the hike may not halt housing demand, higher EMIs, rising acquisition costs, market volatility and job-security worries among salaried tech professionals could lead some buyers to delay purchases in the coming quarters.

The Karnataka state government is mulling an increase in guidance value by at least 10-15% from April, 2026, sources in the Department of Stamps and Registration to...