Bengaluru real estate buyers are raising concerns over inflated prices in the resale market, particularly when listings are managed by brokers. A recent Reddit post highlights a case where a broker listed a property with a 40% markup compared to the owner's original price.
Real EstateBengaluruResale MarketBrokersPrice TransparencyReal Estate NewsJul 19, 2025
Buyers are concerned about the lack of price transparency, particularly when brokers are involved, as some brokers list properties at significantly higher prices than the original owner's listing.
Brokers often mark up prices to recover losses from low transaction volumes. They may also inflate prices in areas with high demand or where the builder has a good reputation.
Sellers often turn to brokers because they find it difficult to get buyers on their own. They hand over the property to brokers with a fixed price expectation and are not typically concerned with how the sale is completed.
Buyers advise verifying the listing source, demanding layout plans and proper documentation, and being wary of deals that seem too good to be true. They also recommend assessing the property's location and the reputation of the original developer.
Buyers should verify all government approvals and documentation, ensure the property has a clear title, and check for a valid occupancy certificate. On-ground due diligence and cross-verification are also essential.
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