Flat Purchase - 1.5 CR for 3bhk

Whitefield is a premium area I guess. So the price looks legit. But then your saving of 20 lakh is peanuts in front of that price. I don’t find it wise to spend this kind of money when your saving is so low. One should have a saving of 75 lakhs and then think of buying this kind of flat.

Hahaha this is what high rents do! Wait a few years, interest rates will go down, and you’ll have more savings🤞 On other note where in whitefield are you finding a 3BHK for 1.5cr!

Is the savings per month combined with spouse? Are you able to survive a job loss and still pay EMI for a year? If you have a kid and have to take a career break are you still able to absorb the EMI and still pay kids school fees? If the answer is yes, go ahead.... If you are buying due to FOMO and rent increases, the answer is astounding no... On a side note...the prices in Whitefield have almost hit a peak due to metro and only going to stabilize from now on.... I hear the is massive water problem in Whitefield.... Do your due diligence and all the best!!

The price is very good. Are buying an under construction one? Keep due diligence of builder, location, water and electricity infrastructure Also congratulations! Buying house is a huge step

Not wise. Maybe see 2BHK