As Bengaluru’s once-thriving IT workforce grapples with layoffs, the rise of Artificial Intelligence, and weakening global demand, the dream of homeownership is being replaced by caution and fear. Even a sharp price correction may not be enough to draw tech professionals back into the housing market, according to prospective buyers and Reddit users. As Bengaluru’s […]
After several quarters of premiumisation, demand in Bengaluru’s housing market is consolidating around the ₹2–3 crore price band, a segment largely driven by end-users, said Sobha Ltd’s Managing Director Jagadish Nangineni. He said affordability and ticket-size sensitivity are once again shaping the city’s housing mix, even as buyers continue to favour high-quality developments. More than […]
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 ₹1 crore and above, excluding registration and interior costs. Rents have surged […]
