’30x your income for a 600 sqft flat in Mumbai’: Reddit post ignites brutal takedown of India’s housing crisis

’30x your income for a 600 sqft flat in Mumbai’: Reddit post ignites brutal takedown of India’s housing crisis

A 600-square-foot apartment in Mumbai costs 30 times the average annual income. A line, posted on Reddit, has hit a raw nerve among home buyers. “We laugh nervously, comparing prices over chai,” the user wrote. “But the laughter dies when we glimpse the ledger of reality.”  In a thread that felt part confessional, part obituary, … Read more

Real estate bubble? Startup founder explains why prices stay high in India

Real estate bubble? Startup founder explains why prices stay high in India

House prices in India are not going down anytime soon, according to popular finfluencer and Wisdom Hatch founder Akshat Shrivastava.  “The reason is very simple: most of the houses in India are NOW being developed by private developers,” he explained in a post on X. Shrivastava highlighted the shift in how people approach homeownership. “Unlike … Read more