The Financial world is shaken as the US president Donald Trump’s tariffs on imports have sparked a trade war. A chartered accountant has warned on X that it could trigger a recession in America, potentially affecting property sales in India’s tech cities like Bengaluru and Pune, where real estate growth is closely linked to the rise of the IT sector.Thus the Real Estate market is looking the scenario in an uncertain circumstances. Real Estate in IT cities like Bangluru Gurugram Hyderabad Pune is facing a unforseen view from its selling balconies,Chartered accountant Paaras Gangwal said on X that “Bangalore, Pune Real Estate Market is linked with IT Sector. It is HOT because boom in IT Sector in last 3-4 Year. Recession in USA may impact Real Estate market of IT Cities too.”
Entire Builder community also has a wide open eyes the turmoils occuring towards recession like situation. India’s tech sector relies heavily on the U.S., so when American companies cut back on spending, Indian IT firms begin to feel the strain. Projects slow down, earnings dip and jobs are at risk. According to netizens, in cities like Bengaluru and Pune, this could lead to a broader issue — a slowdown in the housing market.
Bengaluru and Pune’s real estate
Bengaluru’s real estate market, long driven by a booming IT sector and high-paying tech jobs, is beginning to feel the pressure of global uncertainty. Layoffs, hiring freezes, and cautious sentiment—amplified by discussions on platforms like Reddit—have led many tech professionals to pause their property investment plans. Business Today reported that areas like Indiranagar, Koramangala and Whitefield have seen steep price hikes due to strong demand and li ..
Bengaluru GURUGRAM and Pune’s real estate
Gurugram,Bengaluru’s real estate market, long driven by a booming IT sector and high-paying tech jobs, is beginning to feel the pressure of global uncertainty. Layoffs, hiring freezes, and cautious sentiment—amplified by discussions on platforms like Reddit—have led many tech professionals to pause their property investment plans. Business Today reported that areas like Indiranagar, Sohna,Manesar,Koramangala and Whitefield have seen steep price hikes due to strong demand. Many projects are about launch in coming months which can be haulted be the builders due to current market dillema.
On the Customers and Investors point of you its very tricky situation to enter in to a real estate deal. The decision making is very crucial in such a market condition.Property Investors already on alert for making any short term Property buying.But end users facing the extreme hardship to get in to a deal. Its like cock in champaign bottle .