Bengaluru water crisis: Will it cool off real estate rising prices?
Bengaluru, often hailed as India’s Silicon Valley, has witnessed a sharp increase in property prices, placing a significant financial burden on the average citizen. Over the past few years, both renters and property buyers have felt the pinch as the costs have soared, with estimates suggesting an annual growth rate of approximately 18-20% in terms of Compound Annual Growth Rate (CAGR). This surge in prices has made it increasingly challenging for many to afford housing in the city. However, the …