Is it impossible to buy house in mumbai/bengaluru ?
Good places starts at 3-4 cr. I feel its impossible with any kind of INR salary and too much risky with layoffs !
All of this is happening because of NRI money influx. Do you think these are actually worth the price of 3-4cr? Law needs to be passed to heavily tax the NRIs buying property at the rate of water!
True... for mumbai its okay for premium areas.. But bengaluru in non city center areas is literally tier 3/4 city. Only central bengaluru and some north part is good, otherwise its all garbage dumps on sides and tier 3 areas
You still get plots for 10,000/sqft at many places in Bangalore, buy a plot and build a duplex (Building cost ~ 20 lakhs per floor and 10 lakhs for foundation) + 10 lakhs interiors
So around 2 Cr you have a Duplex !!
And then there's a garbage dumpster two blocks away from that locality.... Locality matters bro !
Don't buy a house in BLR or Mumbai or any city.
There are plenty of houses under 20K decent houses available for rent. Rent it. Focus on finding a job that gives WFH, pack up and leave. If not, work for 20 years, retire at your home town.
BLR is a shit hole, mumbai is a septic tank
