The Economic Times

Bengaluru house prices rose by 5.3% annually over the last five years, but the supply is lowest for homes priced between Rs 30L and Rs 50L; What does it mean for homebuyers?

Bengaluru's housing market saw a 5.3% CAGR price rise over five years. Builders are focusing on premium 3BHK apartments in the Rs 1 to 2 crore range. This creates a shortage of affordable homes priced between Rs 30 to 50 lakh. Sales are highest in the Rs 1 crore to Rs 1.5 crore segment.