Studies show that the city is among the three South Indian cities who are convinced of housing investment, most likely will be spent on home in the next 12 months
Bengaluru is one of three cities that have shown a maximum tendency for spending for home for the next 12 months, according to the Indian buyer survey Knight Frank.
Most buyers in the city of Chennai, Hyderabad and Bengaluru, belong to the middle income segment and have shown increased trust levels when it comes to housing investments.
Rajani Sinha, National Director and Chief Economist – Research, Knight Frank India, said, “We have seen more confidence in the southern cities.
While there are losses of trust in other cities and states, this region has maintained its tendency to buy House.
The highest tendency to buy in Chennai where 63 percent of respondents said they tended to buy a house in the next 12 months, followed by Hyderabad at 54 percent and Bengaluru at 39 percent.
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Choice of homeowners

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Bengaluru Urban does not only appear as the first region in the state to reach 100 percent of the first dose vaccination, Bengaluru has always been a heaven of homeowners because of his unique advantage.
City-based asset adviser Bhadresh Mehta Opine, “the luxury segment sees more movement here than in other cities.
This is because most buyers here work in the IT sector, which have seen salaries up contrast to other industries that have witnessed payment cuts.”
He said that combined with low historical home loan interest rates, all of these factors produce wave of field visits, bookings and purchases of houses over the past few months.
“Therefore, now is the right time for those who want to switch from hiring to buy or improve their homes in Bengaluru, because the rainy season offers a way for a festive discount in the current quarter.”
Pandemic pressure though, the demand for housing in sustainable housing in South Metro shows a strong tendency and willingness to improve the standard of living and quality of life.
– Times Property.