Good, normalising as they should. 👍 Bangalore needs to build world-class infrastructure first to demand that level of rent.
Stabilising for sure. Days of over-inflated rents like over-inflated salaries are over lol.
The flat I'd vacated after the ludicrous price increase (30 → 55) went for 40 many months later. LOL
Very happy to see this.
It just goes on to show how demand side inflationary illiquid assets tend to be.
When the bubble drops is cutely when the penny drops for most people.
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 properti...
The rents are matching Mumbai now. No point going to Bangalore
Understanding what is the going rent for a 2BHK in Bangalore close to ORR.
Used to work from home happily. But office folks decided to make it hybrid last year and I moved to Bangalore with my wife. Rented a 2BHK flat near Marathahalli...
The mumbaikar in me is crying looking at 30k rent for 2bhk
We've witnessed so many layoffs in the past year and this continues to be an upward trend. Bangalore is a city of IT professionals and these layoffs seem to have no effect on the real estate. Is this because the numbers are negligent? ...
There is a lag effect, give it a few months and you will see rents and prices not increasing anymore
