‘Actuality examine…’: Bengaluru homebuyer’s viral publish sparks debate on costs, shortage techniques, FOMO

A candid publish by a first-time homebuyer detailing the bottom realities of looking for a home in Bengaluru’s japanese hall has struck a nerve on Reddit, prompting a wave of reactions from annoyed residents, seasoned buyers and sceptical observers. 

The nameless purchaser, who lately started house-hunting across the Outer Ring Highway (ORR) and Whitefield, shared an in depth account that rapidly gained traction for its blunt tackle hovering costs, builder practices and the psychology of shopping for in certainly one of India’s best actual property markets. 

In line with the homebuyer, anybody searching for a top quality Class A or Class B house in East Bengaluru at the moment should settle for a value vary of ₹13,000–₹15,000 per sq ft — a determine they described as “merely actuality.” 

With most IT workplaces clustered alongside the ORR, the client restricted their search to this belt and dismissed the favored recommendation to discover North Bengaluru or the “airport metropolis” narrative. 

“We simply wanted a home near the place we work. If that’s your standards and you’re  Cat A/Cat B builders, that’s the value. You possibly can crib, however that’s the fact,” the publish mentioned. 

The client additionally dismissed expectations of a value correction. “Please, that’s not occurring… Places of work and tech parks are already constructed they usually’re not shutting down,” they wrote, arguing that Indian actual property tendencies largely upward. 

‘Bought out and nearly offered out’ pitch

The client’s candid project-by-project opinions (with names anonymised) 

Undertaking 1: Regardless of receiving harsh criticism on-line, the client discovered this massive township nearly offered out — with solely top-floor and floor/first-floor models remaining. They argued that the dearth of resale stock indicated real end-user demand quite than investor dominance.

“Identify one BLR space that provides you all the things: workplace, faculty, hospital, no visitors. If you need that, you may as effectively want for the moon,” they wrote, including that the undertaking’s facilities — spanning a number of clubhouses, leisure options and lakeside tracks — stood out from typical developments. 

Undertaking 2: The client favored this undertaking’s spacious structure and calm environment. The pricing — round ₹2.2 crore for a 3BHK — was described as “wonderful.” Nevertheless, the locality felt severely underdeveloped. “There isn’t even a streetlight until the primary highway… They are saying it’ll develop in 4–5 years. So a village will develop however established areas gained’t? What sort of hypocrisy is that this?”

Undertaking 3: Reportedly offered out and broadly accessible solely by resale, this undertaking felt extra investor-driven to the client. They discovered the encircling space dusty and congested. 

“Everybody says patrons right here tolerate visitors. However on the subject of others, the usual all of the sudden adjustments,” the publish acknowledged, additionally declaring considerations about density and future congestion resulting from an upcoming mall. 

Undertaking 4: This high-density improvement at a key junction impressed the client with its location benefits. Nevertheless, the undertaking lacked greenery and felt too near industrial buildings to supply a “homely vibe.” 

Determine primarily based on the current, not hype 

In the end, the poster revealed that they booked Undertaking 1, acknowledging the potential for bias. Their recommendation to potential patrons was simple: 

“If you wish to dwell in BLR and wish Cat A/Cat B, it’s going to value you. Determine primarily based on what you see and the vibe you get. In case you suppose an excessive amount of concerning the future, you’ll by no means transfer forward.” 

‘Don’t fall for shortage techniques’ 

Many commenters warned that “offered out” typically displays dealer manoeuvres quite than real demand. 

One consumer wrote: “You don’t realise the sport brokers play… They guide a number of models to create synthetic shortage. Later they name you saying one unit has opened up. That’s the sport.” 

One other criticised FOMO-driven decision-making: “No salesman will let you know good models can be found. They push the hard-to-sell ones. Don’t purchase as a result of others are shopping for… Affords might are available in 2025-26. Greatest time may very well be 2027.” 

In addition they cautioned loan-dependent patrons: “You’ll by no means promote at your value of possession if taking a mortgage. Neglect 125% premium.” 

Bengaluru’s actual property market combines excessive demand, infrastructure gaps, fast migration and aggressive gross sales methods — a combination that always overwhelms homebuyers. The poster’s uncooked, relatable account displays the psychological and monetary tug-of-war many residents expertise.