Buy House

Hi All, We are planning to buy a builder floor flat(reason : we get more land share than buying an apartment). Budget within 1.5 to 1.8 cr My salary : 44lacs My husband's salary: 64 lacs We both have purchased two houses in our home towns in tier 2 cities. Together we both have a loan of approximately 44 lacs. We are not closing it because of tax benefit and also those loan accounts are OD we are getting approximately 7% interest. Till now we didn't have a plan of buying any property. We just had a plan of doing sip in mutual funds which will give more returns. But now we are feeling like buying one. Because both of us are doing wfh and our daughter started going to school. Parents are also staying with us. Is it a good idea to buy a house or stay in a rented property, have some savings for the next 10 years or so and buy with full cash?

I am earning lakh rupees a month(excluding my monthly expenses as a single). but when I think about buying a house (2bhk around 7.5 to 8 hundred sqft) in a city like Pune/ Banglore. I feel I will not be able to afford it considering other expenses (along with 60 k emi). but when I see people with a salary of 50-60k per month buying the same houses. how are these people planning it out? and most of the people earn between 30-60k how you guys are planning it? how should I plan this for myself? and 20 years of repaying the loan. i feel it's a trap.

I live in Pune and travel to Bangalore often. I want to purchase house in Pune 2/3bhk but I don’t know if I would be able to stay in it as my job is insecure 😕 I am 40, have some savings of around 40L, hold about 50L in markets. Would it be a good bet to buy 1.4Cr flat? Is it a right decision? PS: what I understand all market projects are running sold out!

Context - Buying as an investment, don't plan to live there. I plan to live on rent. Current rent is 17k/month. I'll keep it short for max input. I'm looking at some flats priced around 60-70L for a 2BHK. Rent in the area will be ~30k. If I pay 20L down and take a home loan for 40L, EMI will be approx ~65k for a period of 7 years (I want to pay it off ASAP, to pay the least amount of interest). I earn around 1.5L per month. Personal expenses are ~50k per month. Assuming I get 30K as rent I'll have to pay a maximum of 40K as emi. This is a very recent thought on which I've just researched for a couple of hours so apologies if I missed anything important but honestly this looks quite doable to me.

To be very honest I feel very frustrated looking at the situation right now. Companies are laying off without worrying about the employees. It's just corporate profits everywhere. I am scared to death that my career won't last long than 20 years because the moment these folks think you are becoming a financial burden on them, they'll lay you off. I don't want to live my life in a constant war mode. The Indian education system has bruised my personality for a long time. I want to relax but looking at this battlefield I can never. My weekends are spent worrying about planning for finances in case I get laid off. I am worried I won't be able to buy a house. This shit is depressing me very much. Other folks please tell me how are you navigating this mess?

I make 50k now @chennai, got a Bangalore offer for 13LPA, got another one here for 10.5LPA. I need to pay 40k for my home, but I don't pay rent here. While I really want to move to Bangalore, I'm wondering if 13LPA is enough for my monthly 40k + rent + food + other day to day stuff. I know it's vague but I'm just want to know if I can or should I keep pushing for an higher package I'm new here, lmk of there a grapevine post "tax"

I've got a package around 40 LPA with 4 yrs exp, with 1.8L as take home Now, my parents are looking to buy a house at my home town (tier 2 city). It costs around 65L, so have to a loan of around 50L which will be around 65k EMI every month for the next 10 years Also I'm passionate about working on side projects doing some part time gigs, share around 40k to my family for their needs. This house loan will have a burden on me for sure, do you think it's the right decision to take home now or maybe postpone it to later?

I will be moving to Bangalore in the coming June/July. Need to look for a flat to rent in the Whitefield area. Some questions regarding the same: 1. What would be the approximate cost to rent a 2/3 bhk in sharing in the Whitefield area. 2. How many months before moving should I ideally start looking for a flat. 3. Any hacks to ease the process of house hunting?