Bengaluru resident calls 2BHK hunt a nightmare as rents soar to ₹70,000: ‘Roads are barely there’
Housing costs in Bengaluru are leaving many residents struggling, with both rents and property prices climbing sharply in recent years.Over the past three years, the resident has tracked the price of a flat rising from ₹1.4 crore to ₹2 crore, despite several drawbacks. (Unsplash/Representational Image)A resident has shared frustration in a Reddit post, describing the search for a 2BHK home in the city as a “nightmare”.“Where is BLR real estate going?” the caption of the post reads.According to the post, over the past three years, the resident has tracked the price of a flat rising from ₹1.4 crore to ₹2 crore, despite several drawbacks.The apartment, the resident noted, is located next to a large drain and has multiple issues, but its proximity to the Outer Ring Road (ORR) and near IT companies has kept demand high.Even renting has not offered much relief. According to the resident, rents for similar 2BHK flats have surged significantly, with people now paying over ₹70,000 a month.“We were ok with renting also, but in the past 3 years we’ve seen rents skyrocket. Today, people are paying 70k+ for the same flat, and I am shocked!!!” the resident wrote.Also Read:
