OP is a 33 year old man who still wants freebies !

if OP was smart enough then he would realize how economics work, but here we are.

I said above average salary, not income , there is a difference.

yes, 1 room for parents , 1 for me and SO, 1 for future kids ?

For now I am unmarried so no one is contributing.

Thanks for offer bro, but I am only looking for 3bhk.

Because despite all the short comings, it's best place to live as a techie! <3

Bro, do everything u can to stop them from selling the house !

Selling your property to feed strangers who don't give a damn about your wellbeing is just strange to me.

I use to think like this, but then you get responsibilities like taking care of your parents, giving them permanent place to live , etc.

Also my parents did not ask to buy a house, I just wanna do it.

So are you mad that no one was investing when market was down ? What's your point ?

please don't hate on IT peeps, we are mostly desperate ro get the flat and these agents / sales people take advantage of that.

We have limited time to search for apartments , as we can only look during weekends and staying in hotels cost a ton hence not fesiable.

Regarding buying the flats , it's same story, rent has skyrocketed and daily you get news like - Flat owner is kicking out tenants after hiking the rent 50%

So about 17% appreciation. Did you also lent it for a rent ? care to share what rent you were able to get ?

There should be a tiered tax on buying 2nd , 3rd , etc residential properties ;__;

peeps will evade this buy buying properties on relatives name but at least 1 person will not own 10+ properties

The issue is most IT people have to commute daily to their office locations. On top of that there is uncertainty regarding the location too, in order to get better salary, we have to switch companies and hence don't know where we will end up every 2-3 years.

By the time we plan to settle down, we need to buy house near office as again it doesn't make sense to buy flat where both husband and wife and their kids are wasting many hours per day in commuting.

I am assuming that at least 50% of salaried people in bangalore have less than 30 to 50L package.

Sir, the tonality of my sentence suggests that it's wrong to put ketchup on wada.

Not every one had luxury to buy this type of asset when the market was down.

Are there more flats for resale in your building?

Are you saying that 50% of salaried people with 5 years or more exp are earning more than 40L ?

Seems like you are out of touch about job market.

Sorry sir, this is not a mirror, don't need it for marriage fortunately.

I would suggest to get a girl on your own rather than arrange marriage. Instead of feeding ungrateful people around you, use that money to go on vacation or as down-payment for house ;__;

at least I don't have to worry about that, I am set there