Bengaluru professional confused should he buy a flat or not: 'Crores for tanker water and bad roads'

A simple dream of owning a home in Bengaluru is starting to feel out of reach for many working professionals, and one recent Reddit post captures that frustration perfectly. What was once a steady financial goal has turned into a race against soaring prices, rising rents, and questionable infrastructure. The post has struck a chord online, as more people relate to the growing disconnect between what they earn, what they save, and what the city now demands for a basic 2BHK.

A Reddit user recently shared their ongoing struggle to buy a home in Bengaluru, questioning where the city’s real estate market is headed. They described their house-hunting journey as exhausting, revealing that over the past three years, the price of a 2BHK they had been tracking jumped from Rs 1.4 crore to Rs 2 crore. What made this even more frustrating was the fact that the flat itself was far from ideal, with a large drain nearby and several other issues. Its only real advantage, they noted, was its proximity to ORR and major IT companies.

The user added that even renting no longer feels like a practical fallback. In the same three-year span, rents have surged dramatically, with similar flats now going for over Rs a month. What once seemed like a manageable plan—saving for a few years before buying—now feels unrealistic, as property prices are rising at a pace far faster than their savings.



They shared that they had explored several high-demand areas, including Harlur, Bellandur, Bhoganhalli, and Kadubeesanahalli, acknowledging that demand in these locations is naturally high. Still, they struggled to understand who exactly is paying such steep prices. They pointed to Adarsh Lakefront apartments, where 2BHK units are reportedly being sold for Rs 2.5 crore, with inventory already sold out.

Beyond pricing, the user also raised concerns about the quality of living. Many housing societies, they said, rely on water tankers, and basic infrastructure like roads is often inadequate. For them, the idea of paying crores for a home that still comes with such fundamental issues simply does not add up, leaving them unsure whether buying property in the city is even worth it anymore.

Internet reacts

Some users think that in a few years, real estate dynamics will improve, and until then, investing in value-for-money properties in trusted areas makes sense. Others argue that the market is heading for a drop, warning against trusting brokers. They recommend holding onto cash and exploring other markets with more sensible pricing, pointing out that money may soon flow out of investments, much like historical asset bubbles.

Another perspective highlights Bangalore’s demographics, particularly the tech professionals around ORR. Many in their early to mid-30s earn 60–70 lakhs annually in cash, with additional stock components that can amount to about half of that value each year. Their spouses often earn a solid Rs 30–50 lakhs, and most have one or no children. Coming from financially stable backgrounds, with parents who already own property and are not a financial burden, these individuals can realistically accumulate a corpus of 70–80 lakhs in just two years. With that kind of financial power, it’s natural to consider how they will deploy their money, often into real estate.