The oversupply has not led to a reduction in property prices in Bangalore. Though not as high as NCR and Mumbai, prices in Bangalore have risen steadily since 2008-09. Even builders have made little effort to lower the prices
The unsold inventory during 2008 was 14,636 units. This increased to 31,369 units in 2011 and further increased to 50,184 units in the first half of 2013 but the builders are not ready to reduce the property price