Will The ESOP Payout of INR 2800 Cr For Flipkart Employees Spark a Real Estate Fest in Bengaluru?
- 22nd Jul 2023
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Bengaluru:
Flipkart's announcement of a huge ESOP payment of INR 2800 crore is expected to spark a real estate boom in Bengaluru. The fields of e-commerce, employee benefits, and real estate are all intertwined in this way in a city with a thriving digital scene.
Flipkart's ESOP Payout Revealed (INR 2800 Cr)The Employee Stock Option Plan (ESOP) payment of INR 2800 crore announced by Flipkart demonstrates the company's dedication to fostering and rewarding its hardworking staff.
This historic decision would have far-reaching effects on not just the beneficiaries of the payment but also the Bengaluru property market.
The Real Estate Market in Bengaluru Would welcome the ESOP
The real estate sector in Bengaluru stands to benefit from this large payoff. It is possible that the large ESOP dividend, along with the city's strong IT culture, may cause a housing boom among ESOP beneficiaries. There will likely be a surge in homebuying activity caused by the ESOP payment. Employees who stand to gain the most from this windfall are in a better position to contemplate real estate investments in the city, which might lead to a boom in the sector.
Benefiting First-Time Buyers with ESOPs
The money workers get from their ESOPs is extra money they may put to use. The housing market in Bengaluru may see higher demand if more people feel financially secure enough to explore property purchases.
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