A Bengaluru man earning ₹ 3.7 lakh monthly, contemplating home ownership, sought advice from online community over the decision to continue staying in a rented accommodation or build long-term wealth by investing in a house. Although the 34-year-old Bengaluru man wanted to consider home ownership over the other alternative but found prices daunting in the Tier 1 city.
The caption to the post states, “Can I afford a 2Cr flat right now in Bangalore?” Also Read | Gold prices today in your city: Check price in Mumbai, Delhi, on October 8
With no other loans in his financial history, he wrote, “Ive been itching to own a home lately. But the prices are crazy and I don't see anything under 2cr which I like. 2cr also seems like a stretch to me, given the job market. I don't want to for un