Buying a house in Noida has become difficult. According to a viral video, a 2BHK flat worth Rs 75-80 lakh requires a salary of Rs 1 lakh+ and a monthly EMI of Rs 60-65 thousand, which is a big challenge for the common man.
It is everyone’s dream to have their own house in big cities, but this dream has now become very expensive. Especially in areas like Delhi-NCR, it is becoming almost impossible for working people to buy a house. A video showing this truth is going viral on social media. This video is from Noida. Content creator Rishi Shandilya has shared a reel on Instagram, in which he has told how much papad is required to buy a small 2BHK flat in Greater Noida West.
According to the video, the price of a modest 2BHK flat here is Rs 75 to 80 lakh. Now imagine, even before getting the loan from the bank, you will have to pay Rs 20 to 25 lakh as down payment. If you want a home loan of Rs 55 to 60 lakh, then your monthly salary should be at least Rs 1 lakh to 1.2 lakh. Even after this, EMI of Rs 60,000 to 65,000 will have to be paid every month.
The post emphasizes how even a small flat of Rs 80 lakh is a big shock for common people looking to buy a home for the first time. Many people are commenting on this video and expressing their concern over the skyrocketing property prices in Noida and surrounding areas.