Bluru’s real estate hotspots lose momentum amid job uncertainty and rising prices

Bengaluru’s real estate hubs slow as enquiries drop, prices rise, and job uncertainty grows, though long-term demand stays strong with new infrastructure

Bengaluru’s once-thriving real estate hubs, including Whitefield, Sarjapur Road, and areas around Kempegowda International Airport, are showing signs of slowdown. These micro-markets, long considered the backbone of the city’s property boom due to their proximity to IT corridors and steady infrastructure growth, are now witnessing reduced buyer interest.

Local brokers report that enquiries and site visits have declined over the past two months, despite the festive season traditionally being a peak period for home purchases. Analysts attribute this cooling sentiment to rising property prices, recent policy changes, and growing job market uncertainty, which have made buyers more cautious.

South Bengaluru’s Electronic City and Bannerghatta Road, along with the eastern corridor spanning Whitefield, Outer Ring Road, Bellandur, and Sarjapur Road, are among the areas most affected. In North Bengaluru, the airport corridor and emerging tech zones around Hebbal, Yelahanka, and Devanahalli are also experiencing slower traction.

Industry estimates suggest enquiries have dropped by nearly 20–25% across the IT corridor. Buyers are taking longer to make decisions, waiting for clarity on government regulations and potential price adjustments. Higher home loan rates and saturation in certain localities, where prices have surged sharply in recent years, have further contributed to the lull.

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Data from ANAROCK shows housing sales in Bengaluru fell 8% year-on-year in Q2 2025, declining to 15,100 units from 16,350 in the same period last year. At the same time, average property prices rose by 12%, intensifying affordability pressures. The city also recorded a 30% rise in unsold housing stock, the highest among India’s top seven metros, with inventory climbing from 45,400 units to nearly 58,900.

Experts note that while affordable and mid-segment housing continues to see steady demand, premium apartments and plotted developments are facing slower absorption. Developers are now focusing on completing existing projects and improving delivery timelines rather than launching new supply at the same pace.

The slowdown is closely linked to uncertainty in the job market, particularly in the IT sector, where global trends have impacted hiring. Many prospective buyers are delaying purchases until employment conditions stabilize. Despite this, Bengaluru’s long-term housing demand remains stronger than in other metros, supported by ongoing infrastructure upgrades such as metro expansion and the peripheral ring road.

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