How much rent as part of salary
How much should I budget for rent, if my salary is 7.25 LPA? Joining a new company so not really sure how much I will get in hand. From my calculations, I will be getting 53-55k(as CTC contains PF contri too), so I'm budgeting 17k as rent (around 33% of 53k). Office is near Bellandur which I have heard has crazy rents, so I don't mind staying a little far to save some money in rent. Should I budget more or is this amount fine? Thanks! PS-im planning to rent a room with attached bathroom in 1/2/3 bhk house/flat, doesn't really matter if gated society or not.
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