A Bengaluru resident has sparked an online discussion after questioning how homebuyers in the city are managing to purchase flats priced between ₹2.5 crore and ₹6 crore amid concerns over layoffs, job security and uncertainty linked to artificial intelligence.
Market Context
(Also read: Bengaluru woman reveals view from ₹60,000-a-month home, asks: ‘Am I paying too much?’)
He also questioned whether buyers were taking the potential risks into account before making such substantial long-term financial commitments, particularly at a time when professionals are worried about layoffs and uncertainty surrounding the impact of artificial intelligence on jobs.
“With layoffs, AI-related uncertainty and job insecurity, how are buyers comfortable committing to such huge EMIs for 20–25 years? Is it mainly because of dual incomes, family wealth or the sale of an older property, or are people simply taking a massive financial risk?” he added.
A third user commented on the broader state of the city’s property market and said, “Bangalore’s housing market feels unaffordable now.”
(Disclaimer: This report is based on user-generated content from social media. HT.com has not independently verified the claims and does not endorse them.)
Company Performance
The post attracted several reactions, with users agreeing that housing prices in Bengaluru appeared increasingly difficult for salaried professionals to afford.
“These prices feel completely disconnected from salaries,” one user wrote, agreeing with the concerns raised in the post.
Another person suggested that some buyers might be stretching their finances beyond comfortable limits, writing, “Many buyers are probably taking a huge financial risk.”
(Also read: Rude couple mistakes 26-year-old Bengaluru flat owner for blue-collar worker due to ‘clothes, complexion’)
Competitor Comparison
The post was shared under the title, “How are people affording ₹2.5–6 crore flats in Bangalore?”
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