Conspiracy Theory
(Disclaimer: My ADHD brain can not be trusted at times. Apologies if the below sounds like brain fart) Now, I think Bangalore is being defamed and shown as a crisis because the North Indian Real estate lobby wants to push folks away from investing in Bangalore and rather invest in the NCR region. Bangalore has lower ready to move in inventory whereas NCR is filled with projects but no buyers (this is hearsay, I don’t have data). Everyone , irrespective of their hometown wants to buy in Bangalore but that is not the case with NCR. With Mr Adani investing close to a billion in NCR region , they want to push buyers away from Bangalore and into NCR. Any thoughts?
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India looks for new Bengalurus as its Silicon Valley goes downhill
"The extent of water surface in Bengaluru during 1973 was 2,324 hectares. Over the last 50 years, due to reckless concretization, the water surface has shrunk considerably. Of the remaining water bodies, 98% of lakes are encroached upon and 90% of them are fed with untreated sewage or industrial effluents. Naturally, this has impacted the recharge of the groundwater table as well," IISc's Prof TV Ramachandra had told TOI.
Bengaluru's severe water crisis and traffic congestion are prompting tech giants to consider relocating from the $245 billion IT hub. The ci...
https://economictimes.indiatimes.com/news/india/india-looks-for-new-bengalurus-as-its-silicon-valley-goes-downhill/articleshow/108522198.cms?from=mdr