Currently earning 94k P/M how can I purchase 2CR Home within 2-3 years ?

Bro, here's the truth, u can actually buy a home even 5 Cr villa, but you will spend your whole life repaying it's interest + principal. Simply wanna know if I'm saying truth, just google, house emi calculator, enter the house cost and the general home load interest rate 8%, you will see per month you will have to pay more than 1.5 lakh rupees, and then the total amount you will repay will be around 12 crores, which includes your initial 5 cr principal and 7 cr interest.

Here's the truth - many people are already trapped in the home loan/flat purchase thing. They are spending their entire life to repay it. I suggest just rent out a decent home, in a good locality, and have a written agreement that you will stay for 5 years, and the owner can't make you vacate without giving 6 months notice in advance.

I want you to watch the YouTube video - couple dream house in Bangalore video, they explained both husband and wife earns 22 LPA and 12 LPA, and they combined trying to pay emis, and it will take then 26 years to repay it in full.

Bro, loans are honestly a trap… a 2 crore home doesn’t always make sense.For a 2000 sqft place, the plot might cost around 20–25 lakh, and construction for a 2–3 BHK would be another 30–40 lakh. You can realistically finish everything within 1 crore if you buy in a tier-2 city. If you’re planning to buy flats in major cities like Bangalore or Hyderabad, I’d personally avoid it. My brother bought an apartment in central Bangalore at around 11k per sqft, and a 2BHK starts from 1.3 crore. If you look at demographic trends, a lot can change in the next 10 years. Even he is thinking of selling if things shift, but the problem is you can’t easily sell a flat during emergencies. Many people ignore the kind of social and demographic pressures that are slowly building. It’s honestly better to build a home near your family, relatives, or native place. And if you’re taking a loan, try to put at least 50% down payment, assuming you have a stable income going forward. I might not have huge experience, but I’ve lived in Hyderabad for 3–4 months, Kolkata for 2–3 months, and Bangalore for 4–5 months. From what I’ve seen, things may not stay the same as they are right now.

I live in a posh area in Bangalore. In these apartments, people hardly care about what’s happening outside their bubble—they’re mostly focused on company switches, 1–2 crore packages, and moving abroad 🤣.I tend to observe people closely, and when I’ve spoken to local vendors, temple authorities, and others, I’ve come across quite a few incidents happening around here that most residents seem to overlook.

Pbc se ho sakta hai

In today's day and age taking loan and financing house I a big problem...be careful...stay on rent and enjoy ur freedom..

94k per month will give 33 lakhs in 3 years. Not sure it's before tax or after tax. 33 lakhs is not enough fund to buy 2 CR house. Even if you spend full and take 20 years loan then you have accumulated only principal around 2.2 crore. You need to save for interest also.

Best will be getting house on rent in good location. Spend 20% max in rent. Try to save 50k monthly. Save for 10 years you will end up saving 60 lakhs min. Your salary will increase with time so saving will also increase.

You need to have min 1 Cr fund in bank to plan 2 crore house. If you are planning it early then you will end up in EMI loop.

Jobs are unstable these days so try to plan house when you actually have good funds.

Try to invest your savings so that it grows faster and faster your get good Corpus to plan home.