“2.5 rupees for 3BHK on the edge of Bangaluru”: The virus warns after NRIS against stopping the feeding of real estate in India “greed”

In the incendiary real estate market in India, the ownership of the houses slip away from hand. Starting from the sparkling sanctuaries in Mumbai to the distant suburbs in Bangaluru, the prices are enlarged-nourished by swelling of demand, high construction costs, and reducing supply. Luxury projects are mushrooms while the ability to withstand costs is eroding quickly, which leaves the middle -layer buyer to scramble. An increasing number of citizens is now wondering about the sustainability of this real estate boom.

A rear discussion of Reddit Post about the costs of high property, especially the targeting of non -resident Indians (NRIS), which is often seen as main buyers in the market.

“For all NRIS, please stop buying apartments in the Indian major cities for a period of time. I was checking the cost of the apartments in Bangalore and Hyderabad. I was surprised by noting that the cost of 3 BHK is about 2-2.5 crores in the external parts (city limits). Buy these.

Hit feelings with a string with many others, who are scattered with similar concerns about enlarged assessments and infrastructure erosion.

“I am not rich but I wanted to buy one small plot in Bangaluru, but given the price and infrastructure, I followed. Yesterday I saw that they had made an old tree environment that is 10 meters long along the way to expand it.

Another said: “I was planning to buy one, so I decided to go to anyone in Dubai. I am still WIP. Indian real estate is very enlarged and is a corrupt money sink.”

A third user referred to bad returns on investments on the metro. “The best decision I made in the past five years is not to invest in real estate in Bangalore. All my partners who invested have a net money or barely broken even in any real estate purchased from 21 additional inflation. I have invested the same thing to develop land in the second breaks of the city, and made 5x on my investment. Unless there was 20-30 % of the current price correction.

Others highlighted how international comparisons do not tell the full story. “New York City prices also rose after Covid. It is definitely higher than Bangalore/Mumbai/Gurgown. But your main points are valid. People are buying like madness. Because Trump targets visa holders, more NRIS prefers buying in India instead of the United States of America.

However, the belief that real estate prices will never decrease very firmly. “Over the past forty years, real estate prices have never decreased. If it fell for some time, it was 10 % or stagnant for a few years. This is all unfortunate due to the increasing population of our population and our economy. Prices are not justified but there are people ready to pay and therefore the price will never decrease.”