Reddit post sparks debate: Buy or rent amid Bengaluru's realty boom?

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Reddit post sparks debate: Buy or rent amid Bengaluru's realty boom? - Business Standard

Quick Summary:

The tipping point came when the builder’s claims didn’t match reality, discounts were being offered despite supposed full bookings, and legal concerns surfaced.

The post recounts how the writer almost purchased a Rs 1.2 crore flat in East Bangalore but backed out after spotting red flags.

According to Anarock research, the key micro markets of Bengaluru are seeing price rise of about 4-5 per cent per quarter and 15 to 25 per cent yearly per sq.feet in real estate.