u/l0ozifer25

Are expensive gated societies in Bangalore actually worth the money?

I’m staying in a premium apartment in Whitefield and for a 2 BHK I’m paying close to half a lakh every month including rent and maintenance.

But honestly, the past few months have made me question what exactly we are paying for.

There are always some issues in the society. Too many stray dogs creating problems. Weak security checks where random people are allowed in without much verification. Frequent power fluctuations to the point that even my refrigerator got damaged recently.

The only issue we haven’t had is water shortage. Apart from that, almost everything else is there.

At this point, the quality of life honestly feels no different from staying in a normal 20k apartment. So what exactly is the premium for?

Are others in Bangalore also facing issues in your societies or it's just mine?

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u/l0ozifer25 — 5 days ago

I keep hearing that home prices are high only because of black money and not cause of normal supply - demand.

Also I've heard that because of black money, whatever happens in the market, home prices would never fall.

Are these true?

Can someone explain how black money operates and affects real estate? Any expert?

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u/l0ozifer25 — 15 days ago