India, Feb. 7 -- The recent turbulence in the global tech market has hit home for one Bengaluru resident, forcing the homebuyer to walk away from a Rs.3.5 crore apartment deal in the city's eastern corridor. The individual claimed that a sudden dip in their Oracle and Microsoft stock holdings left them Rs.40 lakh short of the target. The buyer decided to forfeit the token amount rather than risk a high-value investment.

"Backing out from a 3.5 cr apartment deal," the Reddit user wrote, adding, "I had paid 1 lakh as token amount and was planning to buy a Prestige unit in East Bengaluru in resale at 3.5 cr. It was planned for next month and was hoping to cash out my Oracle and Microsoft stocks. Although it was about 1.5 cr which these stoc...