The news of Tata Consultancy Services (TCS), one of the country's largest IT companies, laying off 12,000 employees has created a stir not only in the corporate sector but also in the real estate market.

According to experts, this large-scale layoff could directly impact the mid-segment and premium housing sectors, especially in IT hubs like Bengaluru, Pune, Hyderabad, and Noida. The stable income and job security of IT employees usually encourage them to take home loans and invest in property. However, sudden job losses may lead to a decline in flat bookings and property investments in these cities.

Additionally, the rental market may also be affected. If a significant number of professionals return to their hometowns or start cutting expenses after layoffs, the demand for rentals could drop, forcing property owners to lower rents.

Real estate developers are currently monitoring the situation, but if the layoff trend continues, it may put pressure on project launches, sales, and prices in the coming months. The interdependence between the IT sector and real estate has once again come to light.