Bengaluru resident shocked as friend pays ₹1.6 crore for 3BHK in Avalahalli: ‘This seems absolutely deluded’

A viral Reddit post has ignited a heated debate over an “insane market bubble”. The discussion began when a user expressed total disbelief after an acquaintance purchased a 1,400 sq. ft. 3BHK in Bengaluru’s Avalahalli for ₹1.6 crore. Questioning whether the market is driven genuine value or pure FOMO, the critic argued that buyers are paying premium prices for “average” construction in gated communities.A Bengaluru resident’s post on their friend’s real estate investment has gone viral. (Representative image). (Unsplash)“Insane market bubble in East BLR – how are people buying?!” a Reddit user wrote, adding one of their acquaintances purchased a “900 sq. ft. carpet area/1400 sq. ft. SBA 3BHK” for ₹1.6 crore in Avalahalli.Also Read: