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Buying a flat in Bangalore seems impossible.
I’ve been trying to buy a property in Bangalore for personal use for a few years now. Initially, I thought a budget of 70–80 lakhs would suffice, but then Covid hit, and the prices just skyrocketed. Even if I increase my budget, I still don’t see a property worth 1.7 to 2 crores for a 3BHK. Is this just a case of broker hype? I see plenty of properties available for resale, but most of them are listed by brokers or direct owners who have also adjusted their prices to match the market. What exactly are these brokers doing? I’d love to know if anyone has actually seen such properties being sold for such high prices or if it’s just a bubble they’ve created. Even flat owners who have invested and may not have the means to actually own the property are struggling to sell their properties. I’m specifically looking for something nice around Whitefield, preferably one that’s ready to move in, as I don’t want to wait another 3-4 years for the property to be constructed. Looked at brigade utopia and prestige city and people are trying to sell it for almost double price. How are everyone handling this situation, especially those interested in buying a property for personal use? I’d also love to connect with like-minded individuals so that we can explore properties together and discuss our options.4
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