and at what family income? Family in question here is in their late thirties with an 8 to kid and a 68 yo father. Will be leaving behind a comfortable own house in a city with no growth. Husband and wife are into VC and Media industries.
You can't possibly time this.
I'd say when one of them gets a job in Mumbai that allows anchor.
Major costs are:
Rent (depends on location) but at-least 1 / 1.5 L pm for a 3 BHK School fees - ICSE / CBSE schools are reasonable sub 2L pa, IB schools are 5 to 15L pa Food & Entertainment are in line with other metros, in some specific cases marginally more expensive
So for a comfortable life I'd say an income of 1 Cr a year. 30 L in annual expenses + 30L in investments + 40L to Sarkar.
Is it worth moving to Mumbai Goregaon with a fixed salary of 18 LPA from Bangalore? I was living on a paycheck-to-paycheck basis in Bangalore. (In-hand salary: 115k) I am a 25-year-old single man. Actually I want to know about change in ...
If you were paycheck to paycheck with 1.15L per month in Bangalore, it'll be the same in Mumbai with 18 base
A decent 2bhk matchbox will cost around min 2cr If you have 24 lakh per annum salary with 50% savings You will be...
Disconnected from nature. Getting polluted and congested day by day - what other option Mumbaikar have?
