![\"Bengaluru](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/Bengaluru-real-estate_1737796228064_1760158420602.jpeg\" "\\"Bengaluru")
Bengaluru real estate: Experts say buzz in the market may be softening, especially in the vicinity of the city’s IT corridors. (Picture for representational purposes only) (Pexels)<\/p>\nOnce the flagbearers of Bengaluru\u2019s real estate boom, areas like Whitefield, Sarjapur Road, and the neighbourhoods surrounding Kempegowda International Airport have long attracted homebuyers and investors. With their proximity to major IT hubs and steady infrastructure development, these micro-markets came to symbolise the city\u2019s transformation into a real estate powerhouse. However, the momentum now appears to be slowing, particularly around the tech corridors. Local brokers report a noticeable dip in buyer enquiries over the past two months, despite the ongoing festive season, traditionally a high point for home purchases. The cooling interest comes amid growing job uncertainty, recent policy shifts, and rising property prices, all of which are making buyers more cautious.<\/p>\n
Bengaluru real estate: Experts say buzz in the market may be softening, especially in the vicinity of the city’s IT corridors. (Picture for representational purposes only) (Pexels)<\/p>\n
In South Bengaluru, areas like Electronic City and Bannerghatta Road host some of the earliest tech parks and global IT campuses. The eastern IT corridor spans across Whitefield, Outer Ring Road, Bellandur, and Sarjapur Road.<\/p>\n
Meanwhile, the IT corridor in North Bengaluru is anchored by the Kempegowda International Airport and upcoming tech zones around Hebbal, Yelahanka, and Devanahalli.<\/p>\n
Also Read:<\/strong> Here\u2019s why Mumbai\u2019s redevelopment boom is drawing developers from Bengaluru, NCR, and Hyderabad<\/a><\/p>\n Drop in enquiries despite the festive season<\/strong><\/p>\n According to several real estate consultants operating in East and North Bengaluru<\/a>, enquiries and site visits have declined compared to the same period last year. \u201cWe usually see a rush during Dussehra and Diwali, but this time interest has been more cautious,\u201d said Kiran Kumar, vice president of Hanu Reddy Realty. \u201cBuyers are taking a longer time to decide, and price sensitivity has increased.\u201d<\/p>\n Real estate experts say enquiries have fallen by nearly 20\u201325% in the last two months, particularly across the IT corridor stretching from Whitefield to Sarjapur Road.<\/p>\n The two key factors believed to be driving the lull are recent government policy changes and a broader sense of uncertainty among potential buyers. Many are choosing to wait and watch, hoping for clarity on new regulations and possible price adjustments before committing to large investments, experts noted.<\/p>\n Kumar said the sentiment is more cautious than pessimistic. \u201cMost buyers still believe in Bengaluru\u2019s long-term growth story, but they are no longer in a hurry. People want to make informed decisions after assessing how new government policies impact the market. The good thing is, genuine end-users have not disappeared; they are just taking a little longer to decide.\u201d<\/p>\n Experts also attribute the lull partly to higher home loan rates and the saturation of certain localities where prices have risen steeply in the past two years.<\/p>\n While demand remains steady in the affordable and mid-segment categories, premium apartments and plotted developments are witnessing slower traction, experts opine.<\/p>\n Also Read:<\/strong> \u20b92 crore property in Bengaluru\u2019s real estate market?”>How much salary and budget are required to buy a \u20b92 crore property in Bengaluru\u2019s real estate market?<\/a><\/p>\n