Bengaluru real estate: Is the ₹1 crore dream home a myth? Homebuyers now pay for time, not marble
Is the ₹1 crore ‘dream home’ in Bengaluru now a myth? Increasingly, a ₹1 crore home is no longer seen as ‘premium’ but the new normal in the city’s property market. Buyers, said a personal finance expert, Nitin Kaushik, are no longer paying extra for luxury finishes such as marble flooring. Instead, they are willing to pay for a shorter, stress-free commute, often a 15-minute drive to work. “Time is the new currency,” he noted, adding that proximity to office hubs has become a decisive factor in home-buying decisions. In Bengaluru, a ₹1 crore home is now the norm rather than a luxury, as buyers prioritise shorter commutes over premium finishes, says personal finance expert Nitin Kaushik. (Picture for representational purposes only), (Pexels ) “If you’re buying to live in the house, stop trying to ‘time’ the market,” Kaushik wrote. “Focus on infrastructure, water security and proximity to your workplace.” In a post on X, Kaushik noted that Bengaluru’s residential market has structurally reset. He argued that buyers waiting for prices to “cool off” to …
