Archive · 21 Nov 2025
India's ₹1 Crore Flats: A Debate on Affordability and Value
A Reddit user started a conversation about why ₹1-crore apartments in India might not be a good deal anymore.
They said these flats used to be cheaper than row houses, but now they cost almost the same.
Also, there are no tax benefits for buying a flat, and the cost of buying and selling is high.
The user thinks independent houses might be a better deal because you can expand them cheaper.
People are talking about how this might affect their finances, especially with job automation happening.
A viral Reddit post questions the value of ₹1-crore apartments in India
Soaring prices and shrinking tax benefits make flats less affordable
Builders' packaging of amenities to justify higher prices criticized
Independent houses argued to offer better value and flexibility
Financial risks of tying up earnings in flats discussed
- Who
- A Reddit user and other users responding to the post
- What
- Discussed the affordability and value of ₹1-crore apartments in India
- When
- Recently, as indicated by the viral nature of the post
- Where
- On Reddit
- Why
- To discuss the changing economics of home ownership and housing affordability in India
Affordability Advocates
Flat Proponents
Affordability
Affordability Advocates
Flats are no longer affordable due to soaring prices and shrinking tax benefits
Flat Proponents
Flats offer convenience and security that independent houses may not
Value for Money
Affordability Advocates
Independent houses offer better value and flexibility for expansion
Flat Proponents
Flats have amenities and require less maintenance
Financial Risk
Affordability Advocates
Tying up earnings in flats could leave people financially trapped
Flat Proponents
Property appreciation can offset financial risks
- Original Price Ratio
- Flats were 2.5x cheaper than row houses
- Current Price Ratio
- Flats are almost equal in price to row houses
- Tax Benefits
- No home-loan incentives in the new tax regime
- Additional Costs
- Home loan interest and government levies add around 21%
- Break-Even Appreciation
- Property appreciation must exceed 221% to break even