India, May 18 -- Soaring property prices and rising rents in Bengaluru have made homeownership increasingly unaffordable, leaving many potential buyers stuck in costly apartment rentals. One buyer expressed regret over missing a chance in early 2023 when a friend was selling a 3BHK corner flat for Rs.1.8 crore-now priced at Rs.3 crore. For those grappling with the dilemma of buying now or continuing to rent, a Redditor suggests looking at properties on the city outskirts, where prices are relatively more affordable.

"In the last 2 years, my rent has doubled, and there are no 3BHKs for less than Rs.3 crore. The high rent is squeezing me, and I cannot afford to buy at Rs.3 crore," a user posted on the social media platform Reddit.

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