CEO’s daughter dies by Electric shock in Prestiege

I guess Bangalore is Becoming the next Mumbai.Its so tough to get a good flat at a reasonable price in Bangalore. And if you are looking inside of Bengaluru the cost is so high. A typical 3 bhk would cost close to 2 crore. And then there are set of builders who confidently say sir we don't give OC and CC.And no gives it in Bangalore. And everything is already sold.Anyone would be like sir only few units left. Even if you buy an apartment how do you plan on paying the emis.How many years.Do enlighten in comments

Thoughts on this?

After getting a bunch of 'buy a house' advice from my in-laws over the weekend, I decided to fire up magicbricks to check prices in Bengaluru. My browsing ended within 5 mins seeing just how much the prices have risen in last 1 year A 3BHK that used to cost 2.3 Cr last year is now 3.7 A 2BHK that used to cost 1.8 Cr last year is now 2.7 These are two houses I had earmarked for sometime later when I would have more money WTF is happening in BLR

Recently our Owner asked us to vacate after 3 years of staying here in Koramangala, a 4 BHk home. Mostly be renegotiating with him. Meanwhile in our search for possible other options, we have found that most of the residential properties are being inflated randomly by the owners recently, the reason being, we all know the influx into Bangalore & I have had a call with few properties - 1.3 Lakhs quotes for unfurnished 4 BHK home in HSR Sector 1 - 1.5 Lakhs quoted for Unfornished 5 BHK in HSR sector 3 Too much firing in place, AI advent, Funding slowdown in Startups Things are going super greedy with owners here in Bangalore. Thoughts on how to overcome this situation ?

What is the current scene of buying property in India. In my hometown (second tier city) I have seen property prices shoot up by as high as 20% CAGR in the last two years. I expected the price to come down with weak global markets and layoffs in metro cities but the stickiness is still there. Is this also the scene in Tier 1 cities? And why is the rate so much higher than the 5-6% these finfluencers and investment gurus keep saying? Is there any possibility of a downturn in prices?

😅 Owner increased the rent by 15k to meet the market. They expect bachelor's to pay up or exit. 55k is the new price for 3bhk in a 15 year old society. When will the bubble burst? Is everyone making 40-50 lakhs?

People in Bengaluru are ready to pay 75k for a 3bhk, 50k for a 2bhk in famous builder societies. Rents for apartments which were 35k before 2021 are demanding 55k onwards nowadays. Why are people tolerating this shit ? Why are people still opting to stay in so called societies? Gyms hardly 5 PC people use Swimming pools are used occasionally Sports facilities are also not very commonly used. Why are people paying such large premiums for amenities they don't really use ?