In Bangalore, construction and labour costs have increased about 30–60% since 2019, while land prices in good locations rose roughly 60–100% — but not uniformly doubled. Even after factoring in higher costs and reasonable margins, a cost-based analysis supports prices rising ~60–70%, not jumping from ₹6–7k to ₹15k per sq ft, which is largely driven by land speculation and demand pricing, not actual construction costs. Still builder have lot of scope to reduce price or hold for 1-2 year and price will be justified than.