Homeowners of Bangalore - Opinion about water shortage
- rainfall has reduced
-
70% lakes have dried up/covered up by builders
- its not even feb and there is shortage of water everywhere. There are people literally carrying jugs of water on their head like villages if you head out after evenings.
- brigade/sobha/prestige societies with flats > 1.5 cr have put out notices with water supply being cut for more than 6 hours everyday, wtf is Bangalore real estate really
- water supply here was really bad initially ( hard water, polluted water) but the water shortage in feb only is really worrisome.
I want to understand homeowners/aspiring homeowners - how are you planning for this? Are You even worried about this? Or even people thinking of settling long term in Bangalore, thoughts about this?
https://www.indiatoday.in/education-today/gk-&-current-affairs/story/water-crisis-in-india-279427-2015-12-29 Article of 2015 predicting what we are experiencing right now.
It is only going to get worse. With increasing demand, unpredictable rains and worsening infrastructure and water bodies. Few people I know have put off buying new apartments
Crazy, is this the main reason for people not buying or is it more about crazy prices?
Both . But people do invest in “overpriced “ properties so high prices cannot be the reason . So I am more inclined towards - low assurance of value of a basic need like water after paying huge amounts
Thinking of selling my property in another 5 years. Currently staying in North Bangalore. As of now, no water problems. Water is through 2 borewells.
Though, I see that there would be water problems pretty soon. There are multiple properties coming out in the vicinity which will poise a problem in the future.
This is one of the reasons why I resented from investing in a property in Bangalore early on. 🫡
Was contemplating on buying property, but rethinking now. But obviously the city will find a way as the land mafia who have invested deeply in real estate here will need people to continue living here, rental or otherwise. Plenty indian cities face much worse shortage and continue to grow. I don’t know how, but it seems as bangalore may suffer, but no as bad as cape town
Interesting View.. I guess you answered urself - Is it because of land mafia that cities have continued to grow despite bad infrastructure and negligence? Guess Bangalore will also reach its peak bottom - people will say enough - and then Land mafia will kick in to revive the city -(Just hope it happens soon )
