SqueakyDonut
SqueakyDonut

What's the optimum Rent/Income ratio for 20LPA SDE house-hunting in Bangalore

Wife Working in Whitefeild and I am working in Koramangala Looking across multiple regions in Bangalore

19mo ago
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GoofyDonut
GoofyDonut

Ideally under 10% post tax. Don’t go over 25%.

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FuzzyDonut
FuzzyDonut

How the hell can the average person afford to only spend 10% considering how expensive Bangalore rent is. Rent in my society in Whitefield is 60k for a 3 BHK

GoofyDonut
GoofyDonut

A “society” immediately unchecks “average” unfortunately, as they only account for a fraction of total available housing

CosmicDonut
CosmicDonut

50K in expenses easily for a middle class lifestyle. Better option is to do remote. I left Bangalore and I am saving tons!

CosmicDonut
CosmicDonut

Ideally 10% but in Bangalore can go upto 15% easily.

FluffyBagel
FluffyBagel

20k

SwirlyTaco
SwirlyTaco

around 20k

GigglyPotato
GigglyPotato
Slice19mo

You should spend 10k, your post tax income will be 142k/month, around 10%

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Housing query for bangalore

I will be moving to Bangalore for the first time. My office is near Orion Mall, Malleshwaram West. I am a Male Bachelor. I can spend 13k max on rent. In which areas can I stay?

I am Ok with both PGs and flats.