“A large number of people leave Bangalore”: Banker cited the pits that they transfer to the smaller cities

Investment banker, Sarthak Ahuja, says that endless traffic jams in Bangaluru, high real estate prices, and pollution, lead the deportation wave to Missuru – where real estate jumped more than 50 % in only one year.

In the LinkedIn post, ahuja highlighted how the infrastructure crisis in Bangaluru is pushing families and professionals to search for a better quality of life in smaller cities.

He wrote: “Bangalore has now been rated the third worst city in the world for traffic jams … People spend average 134 hours a year stuck in crowding.” He added high air pollution, water shortage, and housing that cannot be tolerated.

Messoro has emerged as the best beneficiary. Although real estate prices have increased more than 50 % in the past 12 months, they remain 30-50 % cheaper than Bangaluru. At the same time, the lease is higher. Apartments at Kuvempu Nagar and Vijayanagar begin about $ 60 for a cde, while the main areas such as Saraswatipram and JayalaKshmipuram begin near 1 crusher.

Ahuja pointed out that the cost of living is also 10-20 % less, and unlike Bangaluru, “you can travel anywhere in Mysore within 15 minutes.” The completion of the Bangaluru-Missuru Highway in 2023 has a high-charging connection, attracting the main developers to gain land for long-term projects.

AHUJA added that this transformation is not unique to Bangaluru. “This is the problem of all our metro, including Mumbai, Delhi, Gurgown, Bon … If real estate growth in the metro is seen over the past decade, I think all this growth will come from the second level cities in the next decade.”