House hunting a hard chase for middle-class in India's Silicon Valley

Bengaluru's property prices have surged, making it difficult for middle-class buyers to afford homes. The average cost of a 3 BHK apartment now ranges from ₹1.2 crore to ₹1.4 crore. This increase has led to inventory backlogs and market slowdowns, as potential buyers opt for rentals or cheaper outskirts properties.