Real estate in Bengaluru on cooldown after major uptick
Wed, Nov 6, 2024 12:10 PM

Real estate in Bengaluru on cooldown after major uptick

A Flip by Shubhangi Gupta
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Apartment rental growth in Bengaluru has dropped between 5 and 10%, with rentals in areas close to prime locations remaining stagnant since the last quarter, according to real estate brokers. The slowdown comes after a major hike of close to 30-40% in most areas in the last two years. The skewed demand and supply ratio is the primary cause behind the rental stabilisation across the city.

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