Buying a house in a quick urbanized place such as Bengaluru has become an emotional milestone and at the same time a hard choice. The homebuyers are getting more mixed up with the option of getting an apartment near the IT hubs or a villa in the suburbs due to changing places of employment, hybrid work policies, and traffic that never stops. A recent online survey conducted among IT professionals reflects how this dilemma is affecting the real estate market in the city.
Job Shifts and Traffic Troubles
Many homebuyers admit that frequent job changes are turning once-ideal homes into daily challenges. The IT professional who purchased a 15-year-old flat in Marathahalli stated that his commute became tiring after his office moved to the airport vicinity with a four-day office rule. Another purchaser who acquired a flat in Bellandur in 2018 moved to a different location within 14 months because of changing jobs, went for self-renting, and turned it into a long-term retirement asset. Such occurrences emphasize the need for future-proof planning as a key factor when investing in the real estate market in Bengaluru.
Family, Schools and Connectivity Matter
For families, the location of schools, friends, and hospitals usually becomes more important than the distance they have to commute. A lot of parents consider it better to live in the same city to keep their children’s education uninterrupted. Property specialists suggest purchasers to search for dwellings along the Metro routes since the use of public transport can lessen the effect of moving offices significantly.
Why Suburbs Are Gaining Popularity
Central Bengaluru real estate has become unaffordable for young professionals and dual-income couples, thus, they are, to a great extent, considering the suburbs like Whitefield, North Bengaluru, etc.
“Suburban property prices are escalating at nearly 2% quicker rate than the city-center locations,” is what Kiran Kumar from Hanu Reddy Realty states.
Couples working in different IT zones are also choosing suburbs that balance commute times for both partners.
North Bengaluru Sees Strong Growth
As per the data provided by ANAROCK, Devanahalli which is the northern Bangalore locality and which is the area of focus, has already experienced the maximum price hike of 49% over the last six years by moving up from ₹4,982 per sq ft in 2019 to ₹7,400 in 2024. Conversely, during this period, prices in Electronic City had gone up by 38%.
Amar Mysore, the ex-president of CREDAI Bengaluru, mentions that among the major factors causing the price war in the areas like Hennur and Doddaballapur Road where the prices might go up by 8–12% every year in the next few years are metro expansion, new flyovers, and the IT parks coming up.
The Bottom Line
The home buyers in Bengaluru are now considering flexibility, connectivity, and long-lasting value as their main priorities, regardless of whether it is a city apartment or a countryside villa. The lifestyle needs, job safety, and the possibility of the future growth are all the factors that take more and more influence over one’s decision along with the location as the city is expanding outward.
