Kalpvriksha Realty Gurgaon’s Post

💡 Here's an interesting trend unfolding in Bengaluru's real estate market! 🌟 Amidst the shifting dynamics of work culture and the availability of more rental inventories, landlords in Bengaluru are beginning to compromise on apartment rents, particularly in IT corridors. This trend is primarily driven by the move of tech professionals away from these prime locations to the city outskirts, in search of more affordable living options. The impact? A drop in rental prices by 15-20% year-on-year in areas such as Whitefield. This subtle shift is a testament to the power of market forces and the influence of changing work norms on real estate trends. Have you noticed similar trends in your city? What are your thoughts on this evolving rental market scenario? Remember, adaptation is the key to sustainability. 💪 #RealEstate #BengaluruRealEstate #MarketTrends https://lnkd.in/gemv6996

Bengaluru landlords start compromising on apartment rents as techies move away from IT corridors

Bengaluru landlords start compromising on apartment rents as techies move away from IT corridors

moneycontrol.com

Abhishek Bhardwaj

"Real Estate Visionary | Mechanical Engineer | Founder-Kalpvriksha Realty Gurgaon"

6mo

This is the power of Consumers. People have already started moving a little away from the City Centre in Gurugram too, as they are searching for more viable options.

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