Bengaluru’s ₹2.5-Crore Conundrum: Techies Struggle to Buy Homes in the City They Built

Image Source: Mathrubhumi English

Bengaluru’s real estate boom has reached a tipping point, with even high-earning tech professionals finding themselves priced out of the housing market. A ₹2.5 crore budget, once considered premium, now barely secures a 3BHK—even in older or peripheral areas—highlighting growing affordability concerns in India’s Silicon Valley.

When ₹2.5 Crore Isn’t Enough: Bengaluru’s Housing Market Leaves Techies Behind

Bengaluru, long hailed as India’s tech capital, is now grappling with a housing affordability crisis that’s hitting its own workforce. A recent viral Reddit post by a frustrated homebuyer has reignited debate over the city’s soaring property prices, revealing that even a ₹2.5 crore budget is no longer sufficient for a decent 3BHK apartment.

Key Highlights from the Housing Market Dilemma:

Budget Rejection by Builders

A tech professional shared that builders “lose interest” when he mentions a ₹2.5 crore budget.

Even 20-year-old gated communities within city limits are quoting upwards of ₹2.3 crore.

Peripheral Areas Offer No Relief

Homes outside BBMP limits, once considered affordable alternatives, are now similarly priced or higher, leaving buyers with few viable options.

Comparisons with Global Markets

The Redditor noted that ₹2.5 crore could buy a mansion in the US, sparking widespread agreement among users.

Many expressed disillusionment, saying tech salaries haven’t kept pace with real estate inflation.

Dual-Income Dependency

Several users pointed out that only dual-income couples can now consider homeownership, and even then, often only on the city’s outskirts.

Post-Pandemic Price Surge

Real estate prices in Bengaluru have skyrocketed since the pandemic, driven by demand for larger homes, hybrid work trends, and investor interest.

Wider Implications

The situation reflects a disconnect between income growth and asset inflation, raising concerns about urban planning, housing policy, and livability.

It also underscores the emotional toll on professionals who feel alienated from the city they helped build.

As Bengaluru continues to attract global tech talent and investment, the question remains: can the city remain livable and inclusive for the very people powering its growth?

Sources: MSN News, Hindustan Times, Business Today, Mathrubhumi English

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