Bengaluru’s housing market is witnessing a clear shift in how young professionals approach home ownership. The central question is whether to buy apartments close to IT corridors for daily convenience or move towards larger, more affordable homes on the city’s outskirts. This dilemma is driven by career uncertainty, rising property prices and evolving lifestyle priorities.
Many buyers who invested near major tech hubs such as Bellandur, Marathahalli and Electronic City are now facing challenges. Frequent job changes and office relocations have turned once-convenient homes into sources of stress due to longer commutes and mandatory office attendance. For some, premium-priced apartments have become financial burdens. Others, however, see these homes as long-term investments or retirement assets, choosing to rent them out when work locations change.
Lifestyle considerations play a major role in these decisions. Families often prioritise access to good schools, established social circles and community life over being close to the workplace. In this context, metro connectivity has emerged as a crucial factor, helping residents manage longer travel distances and reducing the impact of job transfers.
According to real estate brokers, couples working in different parts of the city are increasingly opting for peripheral locations. Areas on the fringes of Whitefield, northern parts of Bellandur and North Bengaluru offer a balance between affordability and access. These emerging micro-markets are also showing stronger growth, with brokers estimating appreciation rates about 2% higher than saturated city centres.
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Many buyers who invested near major tech hubs such as Bellandur, Marathahalli and Electronic City are now facing challenges. Frequent job changes and office relocations have turned once-convenient homes into sources of stress due to longer commutes and mandatory office attendance. For some, premium-priced apartments have become financial burdens. Others, however, see these homes as long-term investments or retirement assets, choosing to rent them out when work locations change.
Lifestyle considerations play a major role in these decisions. Families often prioritise access to good schools, established social circles and community life over being close to the workplace. In this context, metro connectivity has emerged as a crucial factor, helping residents manage longer travel distances and reducing the impact of job transfers.
According to real estate brokers, couples working in different parts of the city are increasingly opting for peripheral locations. Areas on the fringes of Whitefield, northern parts of Bellandur and North Bengaluru offer a balance between affordability and access. These emerging micro-markets are also showing stronger growth, with brokers estimating appreciation rates about 2% higher than saturated city centres.
------------------------------------------------------------------------
Avid local news seekers and sporadic news flippers can look up to News First Prime.
News First PRIME is backed by News1st Kannada - Karnataka’s Fastest Growing Satellite News Channel.
News1st is amongst the leaders in the Kannada Digital news space too.
Riding on the standards set by the flagship brand, News First PRIME :
1. Seeks to deliver reliable source based news of the highest quality. Quickly.
2. Deploy latest graphics for easy consumption of news on the fly.
3. Employ international production standards
4. Engage experienced and neutral newsmen
5. Cover news from politics, business, cinema etc that matters.
News First PRIME.
Because when a city and state show national and international character, its news delivery should keep pace.
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