‘Everyone Earning In Lakhs?’ Bengaluru Man Questions Affordability Amid Job Uncertainty, Layoffs

“Most new 3 BHK projects in Bangalore seem to start at ₹2.5 crore and can go up to ₹5–6 crore. Even with a large down payment, the EMI could easily be ₹1–1.5 lakh or more. Are so many people really earning ₹3–5 lakh per month? With layoffs, AI-related uncertainty, and job insecurity, how are buyers comfortable committing to such huge EMIs for 20–25 years? Is it mainly dual incomes, family wealth, selling an older property, or are people simply taking a massive financial risk?” the post concluded.

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