Amid a wave of value hikes by the Karnataka authorities, a LinkedIn submit by Bengaluru-based start-up mentor has gone viral, resonating with hundreds who’re struggling to maintain up with the town’s rising price of residing.
Business Avenue, Bengaluru.(pinterest)
Within the submit, Harish N A supplied a candid tackle how day by day bills are silently “eating into the hard-earned savings” of residents.
“Bengaluru is becoming increasingly unaffordable,” he wrote. “Are you feeling the same pinch?”
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Learn his full submit right here:
Harish listed a string of current value hikes which have added strain on middle-class households. He identified that Nandini milk costs had been elevated by ₹4 on March 7, now promoting at ₹47 per litre, with packaging lowered from 1,050 ml to 1 litre. On April 1, diesel costs noticed a ₹2 per litre hike, attributable to elevated gross sales tax, pushing it to ₹91.02 per litre.
Public transportation has additionally turn into costlier. Referring to the February fare revision, Harish famous, “Namma Metro fares increased, making it India’s costliest metro, with the maximum fare rising from ₹60 to ₹90.”
He added that primary utilities and necessities haven’t been spared both: “Public transport, power tariffs, garbage tax, and even coffee powder have all seen sharp price hikes.”
Housing, too, is turning into unattainable for a lot of. “A 2BHK in Whitefield or Koramangala now costs ₹40,000/month, up from ₹25,000 just a year ago,” he wrote, highlighting how rents have skyrocketed in Bengaluru’s IT hubs.
Harish additionally flagged the town’s infamous site visitors: “Peak-hour commutes stretch over two hours, with Hebbal becoming a notorious traffic choke point.”
Essentially the most worrying side, in accordance with him, is that salaries haven’t saved tempo with inflation. “Despite rising costs, salaries remain stagnant, with IT sector hikes barely outpacing inflation,” he noticed. For freshers from Tier-2 and Tier-3 cities, the fact is very harsh: “They face the brunt of high PG rents, food, and travel costs, questioning if Bengaluru’s opportunities are worth the strain.”
Whereas lamenting the shortage of monetary development, Harish wrote, “It’s the middle class that bears the brunt, squeezed between skyrocketing expenses and stagnant incomes.”
Nonetheless, he acknowledged the town’s enduring appeal, “Bengaluru’s pleasant weather remains a saving grace… making it hard to say goodbye.”
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Reactions pour in
The submit rapidly gained traction on LinkedIn, prompting a variety of responses. One person remarked, “Bengaluru is chasing after Mumbai in terms of living expenses. It’s not a good trend.”
One other added, “You forgot maintenance charges—especially in premium housing societies. We’re paying ₹11,000 monthly, and another ₹11,000 just for domestic help.”
Some linked the rising prices to inhabitants development. “If you compare Bengaluru’s population from two or three years ago to now, it has exploded. As the population grows, supply chain demand increases—and so do costs,” a person commented. “Today it’s Bengaluru, tomorrow it will be another city.”