The housing market has become completely unaffordable for many of us. I work in the IT industry with a package above 11 LPA, yet buying a home in Noida or Greater Noida seems impossible. In the last 5 years, property prices have skyrocketed, while salaries have barely kept up, growing at just 5-10% annually. Meanwhile, rents are increasing by more than 20% each year-how are we supposed to cope? Most of these 1 CR+ homes are being bought by investors, not genuine buyers like us. They drive up prices, leaving middle-class families struggling. Landlords, too, are hiking rents arbitrarily, and the market remains unregulated. We need solutions like rent control, affordable housing initiatives, and better opportunities for first-time homebuyers. Until then, many of us are stuck between skyrocketing rents and unreachable homeownership dreams. It’s high time someone addressed this growing gap between income and living costs!
The housing market has become completely unaffordable for many of us. I work in the IT industry with a package above 11 LPA, yet buying a home in Noida or Greater Noida seems impossible. In the last 5 years, property prices have skyrocketed, while salaries have barely kept up, growing at just 5-10% annually. Meanwhile, rents are increasing by more than 20% each year-how are we supposed to cope?
Most of these 1 CR+ homes are being bought by investors, not genuine buyers like us. They drive up prices, leaving middle-class families struggling. Landlords, too, are hiking rents arbitrarily, and the market remains unregulated.
We need solutions like rent control, affordable housing initiatives, and better opportunities for first-time homebuyers. Until then, many of us are stuck between skyrocketing rents and unreachable homeownership dreams. It’s high time someone addressed this growing gap between income and living costs!
IT professionals are no more high earning professional...
Yahi source h ghotala ki' manri ke or ristedaro ke villa banane ki
No development in Jaypee sports city, Greater Noida. Even though I purchased a plot in this project. Very disgusting no development.
Parsvanath Privilege sec pie, right opposite the Greater Noida Authority office has been stalled for the last 12 years. No progress in the project.