Rs 1.2 Lakh Monthly Salary, Still Can’t Buy a Home In India? Viral Post Sparks Debate

By Pune Media On Jun 8, 2025

Last Updated:June 08, 2025, 08:20 IST

Akhilesh concluded the post with a powerful remark: “The market is not broken. It’s working exactly as designed—for someone else.”

The post captures a larger trend—how rapid urbanisation, speculative investments, and a push for ultra-luxury housing are making homeownership increasingly elusive, even for India’s high earners.

A recent post on social media platform X has reignited concerns over India’s growing real estate affordability crisis. A techie named Akhilesh shared a striking anecdote about his friend in Gurugram who earns a hefty Rs 20 lakh per year, yet still finds himself priced out of the housing market.

According to the post, Akhilesh’s friend takes home around Rs 1.2 lakh per month after taxes and deductions. He lives modestly—no car, no kids, no extravagant lifestyle. Despite this, every residential project he visits in Gurugram starts at a staggering Rs 2.5 crore. These homes boast features like infinity pools, zen gardens, biometric lifts, and imported marble floors, making it clear that developers are targeting luxury buyers, not average professionals.

The viral post struck a chord with many, especially young urban professionals. The core argument is simple: even those in the top 5% of India’s income bracket can’t comfortably buy a home in metro cities without compromising their financial security. Owning a house would mean living paycheck to paycheck, with no room for emergencies or even basic leisure.

Akhilesh concluded the post with a powerful remark: “The market is not broken. It’s working exactly as designed—for someone else.”

The post captures a larger trend—how rapid urbanisation, speculative investments, and a push for ultra-luxury housing are making homeownership increasingly elusive, even for India’s high earners.

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…

— akhilesh (@akhileshutup) June 5, 2025

Anarock’s Report Reveals Ultra-Luxury House In Demand

Anarock’s Annual Residential Report 2024 reveals that 59% of new housing projects in Delhi NCR, 18% in Hyderabad, and 12% in MMR were priced above Rs 2.5 crore, showing a rise in demand for premium homes among wealthy buyers and NRIs.

NRIs, in particular, are playing a key role in this expansion, actively acquiring premium properties in major Indian metros as part of long-term wealth preservation strategies, noted a recent report by GRI Club.

While the majority of new supply is focused on ultra-luxury homes, there is a noticeable shortage of homes in the upper mid-income and premium segments. Since the RERA law came into effect in 2017, there has been a significant increase in trust for developers who follow rules and deliver on time. This has led to a growing preference from NRIs for projects by such developers.

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News business Rs 1.2 Lakh Monthly Salary, Still Can’t Buy a Home In India? Viral Post Sparks Debate

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