Delhi's real estate market, once known for its grand ancestral homes, has turned into a harsh battleground for the middle class. Soaring property prices, coupled with outdated preferences for living in central locations, have made home ownership a distant dream for many. A viral Reddit post has spotlighted the struggle of one user who shared the emotional and financial toll of trying to buy a house in the capital, revealing a reality that resonates with thousands.
The user described how family pressure to avoid areas like Ghaziabad and Noida, due to lingering biases, forced them to explore expensive locations within Delhi. In East Delhi, areas like IP Extension and Krishna Nagar demand between ₹95 lakh and ₹1.8 crore for a 3 BHK, while in South Delhi, properties in CR Park start at ₹4.5 crore. The situation becomes even more overwhelming with 4 BHK options priced as high as ₹6.5 crore.
Despite owning an ancestral home worth over ₹2 crore, the user shared that moving to a flat now feels like a downgrade, especially with the looming debt of ₹1 crore, even after the parents agreed to pay the down payment. The emotional weight of letting go of a full house for a small apartment worth crores left them disheartened.
The post struck a chord across social media, drawing widespread empathy. Many users expressed similar frustrations about the mismatch between stagnant salaries and exploding property costs. One user compared real estate to a “scam,” noting how prices have jumped exponentially since 2014 while incomes have barely grown. Others shared their escape stories, moving out of Delhi to cities like Dehradun in search of a better life.
As inflation and urban stress mount, the gap between middle-class income and home ownership in Delhi continues to widen, painting a bleak picture for future buyers.
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