Experts urge caution amid job uncertainty, rising rates, and economic volatility.

₹1.05 Cr Home on ₹2.5 Lakh Salary? Bengaluru Buyer’s EMI Plan Triggers Affordability Debate.

A homebuying plan by a Bengaluru-based professional has sparked a heated debate online about affordability. The buyer, earning ₹2.5 lakh per month, is considering purchasing a ₹1.05 crore 2BHK apartment on Sarjapur Road. With monthly expenses of ₹50,000, savings of around ₹22 lakh, and liquid assets worth ₹2.7 crore (excluding retirement funds), several Reddit users считают the purchase financially feasible. Estimates suggest a home loan EMI of around ₹65,000–₹85,000, which many feel is manageable compared to rising rents in Bengaluru. However, others urged caution, highlighting risks such as job stability, interest rate hikes, and the need for a strong emergency fund. Financial expert Suresh Sadagopan warned that economic uncertainty—ranging from AI-driven job risks to inflation and geopolitical tensions—makes it prudent for mid-income buyers to avoid rushing into long-term debt. Careful planning and waiting for income stability, he said, may lead to more sustainable decisions.