Paying higher / lower in Indian Startup scene

I'm starting a new company and am assembling a team, in all my previous startups had like 7 people working but now everyone is settled and few have retired coz made too much from the exits so back to assembling a new team :p

As in all my previous startups I paid an average of 40Lpa an 2-3% ESOPs to all the early team they made insane wealth. But now I'm thinking of going lower and meet the realities of the market rather than paying higher why not paying the market rate?

I have been taking multiple interviews and experienced this people consider higher salaries to be a lie they want to earn dirt-cheap salaries and don't trust themselves with what they deserve and in the end ended up mocking me. One of the senior people that I interviewed thought 3lakhs per month was very high no-one pays that much. Same goes for an intern who I decided to pay 1lakh per month thought it's not possible and ghosted me thinking I'm scamming him ( his job was to meet high profile people make connection with different founders by going to parties and events regularly )!

My new startup is not in crypto but in something unique!

What do you'll think should I pay people less as that's what they think they deserve?