Bengaluru Homebuyers and Experts Raise Concerns Over High Prices in New Housing Launches
2 hours agoBusiness
29LENS
2 SourcesBangalore, India
TBNthebalanced.news

Bengaluru Homebuyers and Experts Raise Concerns Over High Prices in New Housing Launches

Reddit users and industry voices have criticized new housing launches in Bengaluru for high prices driven by branding and speculative marketing rather than current livability factors. Some projects on the city's outskirts use New York-inspired names to justify rates comparable to Manhattan, with prices reaching up to ₹27,000 per sq ft. Buyers and commentators describe many listings as overpriced or excessively priced, highlighting a disconnect between costs and local infrastructure challenges amid concerns about a potential market downturn.

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