Thirty -year -old technical professional from Bengalur has triggered an online debate after looking for advice on whether to invest £2.7 crore in the apartment 3bhk in JP Nagar, South Bengaluru, which is largely funded through a £1.8 Crore Home Loan. His Reddit on R/Indianrelealestate has quickly become viral, attracted hundreds of answers, and emphasized the dilemmas that many young professionals face while exporting the aspiration of lifestyle with financial caution.
Techie, who has been living in South Bengalur for almost ten years, explained that he and his wife earn together £5.1 Lakh per month. Their household expenditure average £60 000–70 000 and maintain a £20 Lakh Emergency Fund, Next £20 Lakh Bumper and Passive Receive from Rental £18 000 per month from 2bhk in their hometown. Without planned children on the next few years, a couple is ready to postpone £90 Lakh as advances and fees without affecting their mutual funds or stock portfolio.
The property concerned is an apartment of 1,800 square feet in an eight -year closed community built by a renowned developer. The project is located near the metro, with green and good maintenance and promises comfort and comfort. “We are considering settling in the same neighborhood than to move towards Varthur or Sarjapur, where most IT companies are located,” he wrote.
Dilemma
While some redditors appreciated the main location and strong financial planning of the couple, many felt that the price was steep. Pointed out that similar 3bhs in closed societies in southern Bengalur ranges from £1.8–2.3 Crore, urgently negotiated harder or explore alternatives near the outer road of the circle for better long -term recognition.
Others advised him to consider buying against his life plan. If the couple intends to stay for 15-20 years, the investment could make sense, but if it is possible to move or go abroad, the rental could be wiser.
Bigger question
Post combines into growing concern among Indian urban professionals: is it worthwhile to stretch finances to own a “dream house” in a well -known neighborhood, or does it rent a smarter choice in the city where real estate prices often inflate?
One user sincerely summed up: “Always buy the right thing at the right price. With your finances you can afford this home. But ask yourself – it’s really worth it £2.7 crore? ”
(Tagstotranslate) 3bhk apartment
