was having a discussion with a friend in gurgaon. his ctc is 20 lakh. his in-hand is around 1.2 lakh per month after taxes, epf, and deductions. he doesn't splurge. no car. no kids. just a waifu. every project he visits starts at 2.5 crore. the brochures talk about infinity pools, zen gardens, italian marble, biometric lifts. if he buys this, he has to live paycheck to paycheck. no buffer. no vacations. no emergencies. he earns more than maybe 95% of india. still can’t buy a home in his city. the market is not broken. it’s working exactly as designed. for someone else.

Jun 5, 2025 · 1:18 PM UTC

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people under this are saying that if your friend doesn’t have a budget, he shouldn’t buy in gurgaon. he should buy in some tier 2 or tier 3 city where flats are cheap. if we’re allowed to make irrational arguments, i might as well ask my friend to buy a flat in dhaka because it's even cheaper there.
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Replying to @akhileshutup
That 95% statistics is correct? Or just people Paying taxes? Because who’s buying these expensive flat?
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data is only available for people with legalized sources of money. it's not difficult to guess who are the ones buying expensive flats.
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Replying to @akhileshutup
It's wild how even a high salary feels inadequate in certain cities. Many people are in the same boat, juggling expenses while trying to save. It makes you question what success means nowadays.
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true
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Replying to @akhileshutup
Infinity pools, zen gardens, biometric lifts will just add up to monthly maintenance in future!
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agree
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Replying to @akhileshutup
The 95% is a myth. Business owners, rich farmers earn way more than this. There are Air conditioners in slums. Real estate inflation is real because ppl have wealth, flats are getting sold. Its just NOT on paper.
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agreed 👍
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Replying to @akhileshutup
5% of India is 7.5Cr people.
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what is your point?
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Replying to @akhileshutup
Dukh dard peeda ye sabke sath hai. Peer pressure ki ghar lelo ghar lelo
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yeah peer pressure is the worth. never a good thing to take such big financial decision under pressure
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Replying to @akhileshutup
rent pe raho. dont buy home right now. Save up. Invest in mutual funds. What is this obsession with buying a home early? You buy your home when you can afford it. Not according to your whims & fancies All the best
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Replying to @akhileshutup
invested 52 in wagholi now 85 . Below means.
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Replying to @akhileshutup
Earning more than 95% and being rich are both different things. The former is a relative term and latter is absolute.
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Replying to @akhileshutup
Gurgaon has brand new flats strating from as low as 65 lacs for 2BHK. Humans are aspiring high with shallow pockets.
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Replying to @akhileshutup
It's all broken..
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Replying to @akhileshutup
If your friend is in 20s… always stretch beyond your means. EMIs bring discipline and motivation to do well. I always bought real estate a little bit beyond my means. Salaries/income hikes just came along.
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Replying to @akhileshutup
1.2 lakh is basic. Not enough if he wants to have kids
Replying to @akhileshutup
He earns more than 95% of Indians. That means 5% or 7 Crore Indians make more than him. Big % of that 7 crore, let’s say 2 crore live in Delhi. That’s 50 lakh families who want to live in good areas. Demand is higher than Supply.
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Replying to @akhileshutup
95% of India doesn’t make this less. Fact is most businessmen make more and never declare true income to save tax Market is broken for taxpayers 😢
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Replying to @akhileshutup
It is same story everywhere. In Hyd a Triplex villa outside ORR quotes min 2.5CR. There are villas bein sold for 9 CR, not sure what on earth these villas have. If one wants an apartment prices range from 1.5 to 3CR basis location. Buying a home in not a common man's dream any more. Rel.estate market is completely in the hands of black money hoarders.
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Replying to @akhileshutup
Hence we need a recession like 2008 only then Builders will learn a hard lesson 😡
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Replying to @akhileshutup
At a ₹20Lakh CTC, buying a home is the WORST DECISION of the CENTURY! 🚨 And anyone who says otherwise is an ENEMY of this person. FOCUS head down solely on increasing that CTC and saving for the future. For living, they should be able to rent a nice one in that takes home!
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Replying to @akhileshutup
I know a broker. Started as an employee and now driving Mercedes and ford endeavour. They are the one who are working as a cartel and the reason behind current inflated pricing.
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Replying to @akhileshutup
That too because the politicians and gormint babus cant rob you directly , they are forced to sell you an overpriced house .
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Replying to @akhileshutup
My dad gets 1 lakh pension. We are still struggling.
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Replying to @akhileshutup
i often wonder situation is same for government employees Class 1 officer makes ~₹1.2L and in metro cities of India like Delhi Bombay they cannot buy their own house with this salary Who in @PMOIndia @NITIAayog are driving the policies are blind to this situation If govt employees can’t buy house then what is going to happen to private sector salary earners
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Replying to @akhileshutup
That 95% stat is absolute bs. Income tax statistics represent less than 5% of the country. Many businesses and corrupt govt officials are outside it.
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Replying to @akhileshutup
Same as me. Idhar sab Ghar lene ki baat kar rahe hai aur idhar sab 1000 sqfit ke 3 bhk crores mein bech rahe
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