u/superminnu

I'm an IT professional with over 6-7 yrs of experience. I earn 1L post-tax and I'm unable to sustain myself. (Solo earner in the family).

My expenses:

• 30K 2bhk room (with my mother)
• 10K petrol (includes all parking, toll and other charges)
• 40K groceries + food (from milk to pooja items and more)
• 10K as investments
• Rest 10K goes into entertainment + upskilling

The 40K groceries includes maid salary, internet bill, electricity bill, insurance and random essential expenses that come up.

Eg: Last month a major expense is my old car servicing (15K), before that month it was insurance (15K), before that month it was insurance for mom (44K) - so don't worry it's not all for groceries.

I can't afford to take an EMI on anything. Can't buy a new car or a bike or buying a real estate like a flat is extremely far fetched.

and Marriage? oh my god, it's scary thinking of the costs + school fees of upcoming kids.

This is my reality, and I know people are somehow surviving with 20-50K inr as monthly income.

But 1L for me is not sufficient. I wish it was.

That's why I'm planning to move out to a cheaper city.

I hope it all works out.

Every home owner only shares the happy parts of owning a flat. I'll share you the parts that left a bad taste in my mouth.

1. The buying process involves bribe towards sub-registrar and if it's your first time, your builder might be scamming you with low circle rate to lower stamp duty.
2. The interiors cost good money. Big name interior firms take money in advance and deliver sub-par work with 1 month more than the deadline they give you. (Their work starts breaking after 1 yr)
3. The transformer they give you cannot support all the flats together at max capacity. New transformer costs 5L.
4. To buy the new transformer, the residents suddenly act all poor and delay the decision with extreme blame game.
5. The bathroom area needed grouting within 6 months. Builder claims he did the grouting and doesn't respond.
6. Even after grouting, the water marks around the walls are already there
7. Power cuts every day in the area. Generator only covers 1 light and 1 fan in the hall. (Need to buy inverter)
8. STP issues pop up every 2 months
9. Motor issues pop up every 2 months.
10. Water is almost nil, the panchayat has stopped offering water, so the entire apartment is only dependent on tankers
11. Tanker guy's bill has been pending since 2 months, and residents don't want to pay. They want everything to be included within 1.5K rupees monthly maintenance they pay.
12. Monkeys come and break the pipes, so water is stopped until the pipes are repaired in like 25 mins max.
13. Lift issues monthly once (mainly due to the transformer at peak office times)
14. Security guy sleeps off at night. So people come near the gate and honk hard to wake the guy up to enter society at 1-3am which inturn wakes me up too. -> this has reduced since we spoke on Whatsapp group.
15. While buying furniture the furniture guy will delay your sofa by 10-15 days but will take all advance before only.
16. Kitchen interiors are getting loose
17. One day a fan makes noise, the other day the bathroom has flying insects issue

Does it give me the "peace of mind" that it's my home?
Not until the EMI is done.

Did it give me, "YES, I've accomplished something in life" feeling?
YES, during the first time you bought it.

Does EMI feel heavy?
Even if the EMI is radically low, it simply feels like a noose around your neck lol. It's just too looose but still there.

The society has old people, children and women.

My uncle who lives in another society in HSR, says all of these struggles are common in buying real estate in BLR and that his society's builder didn't even give parking lot for no. of apartments (they had to draw lines manually later)

So, you need to ask yourself if all of this pain/hassle is worth it for you?

For me?

I got used to it and it became worth it slowly.

In the end I realise, even with all of this, you know you can clear the EMI and have a house for your parents to stay as they get old.

But these are things they don't tell you after owning your own flat.

I thought I should share.

My home loan component is 30K inr per month. (34.5L loan) in which 14.5L is pending.

I also see that the economy and stock markets are crashing.

Is it wise to put all that money in homeloan or invest in stock market right now? (ofc I understand the risks of equity)

Right now, we're in a landslide,

slowly slipping (we know we're about to fall down the cliff)

But we're slowly slipping down the rocks and gravel.

Our hands are getting tired, we're losing the grip, we can no longer tolerate "holding on"

So why not just make it 110 and stop it there?

Let it be stable, easy.

Similarly, why increase petrol cost by 3 rupees, when you can increase by 10 rupees and keep it there for months.

We all want stability, not uncertainty.

I believe ripping off the bandaid rather than slowly removing it.

I'm tagging it as a shitpost but I don't see it as one.

I really want Rupee to crash to 200-300 and 500 one day against the dollar.

Just because it crashed to 96, I got paid an extra 10K inr.

Imagine if it crashes to 120.

If I earn $1000,
that's $100x120 = 1.2L (As opposed to 80-90K right now)

My Question:

How do we all investors ensure that Rupee falls to 200 against the dollar?
That too fast.

Long story short:

She’s avoidant and doesn’t really seem aware of her own patterns. Anytime things started feeling real or emotionally close, she’d pull away.

Over time, I kept shrinking my own needs just to keep the connection going. Meanwhile, she kept telling me she didn’t want a relationship with me, even though the mixed signals never fully stopped.

After months of this push-pull cycle, we finally met and had an honest conversation to clear things up. After that, we got physical.

But for the entire following week, I was the only one initiating conversations, making plans, and trying to maintain the connection.

There was almost zero effort or interest from her side.

I gave it a week, then finally stood up for myself and asked her directly why things always felt so hot and cold.

Instead of communicating, she yelled at me, insulted me, and completely disrespected me.

That was my final straw, so I walked away.

Part of me feels guilty for leaving. Another part feels like I stayed too long already.

Did I do the right thing?

TL;DR

Spent months in a push-pull dynamic with an avoidant woman who kept pulling away whenever things got real. After finally meeting and getting physical, I was still the only one putting in effort.

When I confronted the hot-and-cold behavior, she insulted and disrespected me. I left. Wondering if I made the right choice.

Long story short:

She’s avoidant and doesn’t really seem aware of her own patterns. Anytime things started feeling real or emotionally close, she’d pull away.

Over time, I kept shrinking my own needs just to keep the connection going. Meanwhile, she kept telling me she didn’t want a relationship with me, even though the mixed signals never fully stopped.

After months of this push-pull cycle, we finally met and had an honest conversation to clear things up. After that, we got physical.

But for the entire following week, I was the only one initiating conversations, making plans, and trying to maintain the connection.

There was almost zero effort or interest from her side.

I gave it a week, then finally stood up for myself and asked her directly why things always felt so hot and cold.

Instead of communicating, she yelled at me, insulted me, and completely disrespected me.

That was my final straw, so I walked away.

Part of me feels guilty for leaving. Another part feels like I stayed too long already.

Did I do the right thing?

TL;DR

Spent months in a push-pull dynamic with an avoidant woman who kept pulling away whenever things got real. After finally meeting and getting physical, I was still the only one putting in effort.

When I confronted the hot-and-cold behavior, she insulted and disrespected me. I left. Wondering if I made the right choice.

I'm typing this as a recently purchased property owner in Bengaluru. Not as a skeptic keyboard warrior.

Without "my opinions" let me put the facts:

- Home loans are being less disbursed

Meaning people aren't taking up loans like they used to. It's because they're backing off due to unaffordability.

- Areas worth 4-5K sft are being sold at 8-9K sft

Examples are East Bangalore, mainly Sarjapur. Everything in East Bangalore is sold as "Sarjapura road' and Wipro. Even the interior ones which technically are villages.

- SBA vs Actual Area

SBA will be written as 1650 while the actual area sometimes is barely 1000 sft. (It's really a scam that's normalised)

- Higher Construction Costs

Construction costs have increased recently due to raw material rising costs. This will come out of buyer's pocket.

Who will be affected:

- Tier 1 flat owners will be most affected (paid extra for brand name like Sobha, DLF etc.)

- Highest growing areas like Delhi-Gurugram will see correction.

- Tier 1 City flat owners. Tier 2 will be unaffected.

How much crash:

- If you're thinking 2008 lehman brother type crash then you're mistaken. It's only a maximum of 10-20% correction.

Media will try to paint it as a big one.

(But compare it to cars GST discount news - real buyers barely got big discount.)

Eg: 1cr flat will be sold for 91L.

Again my post is only an educated guys combining the facts.

I've kept opinions aside (GenZ losing interest in RE)

About my property:

Tier 2 builder - bought at an appropriate market rate 1yr back. Living in it. No rush to sell.

So I'm chill.