Why are homes in Bengaluru so costly?

People are facing a lot of issue in Bengaluru while searching for new house as it’s price have increased around 30-40% since last year. A normal 3 BHK Flat which cost earlier was around 20-25K now costing around 35-40K and even 1 BHK small Flat costing around 15000. This is really a steep increase in prices which people have faced earlier like this.Before Covid-19 when all IT companies were open, a lot of people were easily living and working in Bengaluru and it was balanced. When IT Companies were closed down and people started doing WFH in 2021, a lot of people left the rented houses in Bengaluru and moved back to their home town and were living in their own houses.Now suddenly every IT Companies opened and they are calling their employees back to office. So suddenly demand for housing have increased. This have increased the demand suddenly and this have made prices go very high.

It’s very hard to find house in cities like Bengaluru and Hyderabad and because of that people need good mobile application and website which can bring tenants and owners together.Let’s see the top 3 property website in India which has changed the life of millions people.

Housing.com :

 

Housing.com is a  real estate search portal which allows customers to search for housing . The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bengaluru and Delhi.

Housing.com was founded in 2012 by IIT dropout Rahul Yadav.

Since then it has grown a very high rate.

 

Website: https://www.housing.com

 

App: https://play.google.com/store/apps/details?id=com.locon.housing

 

 

HousePerSqft.com:

 

HousePerSqft.com is a  real estate search portal which allows customers to post their properties free on website for Sale or Rent . The company has 2,000 brokers and serves 10 cities in India including Chennai, Mumbai, Bengaluru and Delhi and Hyderabad.

HousePerSqft.com was founded in 2021 by IIT Graduate. It have become very popular among owners as it allows free property listing on website and mobile app.

 

Website: https://www.housepersqft.com

 

App: https://play.google.com/store/apps/details?id=com.bo.xeloxo.property