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Gurugram Is Not Your City If Income Is Less Than ‘Rs 3 Lakh A Month’ – This ‘Brutally Honest’ Post Is An Eye Opener
Gurugram Is Not Your City If Income Is Less Than ‘Rs 3 Lakh A Month’ – This ‘Brutally Honest’ Post Is An Eye Opener
Owning a home in Gurugram is now more about financial capacity than personal aspiration, according to a former banker-turned-real estate entrepreneur. His comments on the city's rapidly rising property prices have triggered a discussion on LinkedIn.
Gurugram-based entrepreneur Sameer Singhai said the city was never planned for families earning below Rs 2.5–3 lakh per month.
‘Gurugram Doesn't Run on Averages,' Says the Real Estate Entrepreneur
Sameer began his LinkedIn post on a ‘brutally honest' note, stating, “If your family income isn't at least 2.5-3 lakh a month, Gurugram was never designed for you. Yes, read that again! That's not arrogance. That's economics."
He then went on to explain what it really takes to own a home in the city in 2025. According to Sameer, people need to be a part of a dual-income household earning between Rs 2.5 lakh and Rs 5 lakh a month, backed by substantial savings close to Rs 1 crore, to buy a house in Gurugram.
“A typical successful homebuyer here usually looks like this – a dual-income family earning Rs 2.5 – 5 lakh/month. Savings worth Rs 80 lakh to Rs 1 crore. A home loan between Rs 3 and 5 crore and often financial support from the parents filling the last gap," he explained.
Sameer described Gurugram as a market shaped by income concentration rather than sheer population growth. “Gurugram isn't a ‘normal' Indian city. It doesn't run on averages. It runs on purchasing power," he added.
Why Does Gurugram Not ‘Run on Averages'?
According to him, real estate demands in the city are largely driven by senior corporate professionals, startup founders, CXOs, NRIs and expats. Hence, as a result, the narrative around job losses, economic slowdown or property corrections does not apply in the same way to Gurugram.
He added that property prices in Gurugram tend to hold firm, resale remains liquid, and real estate demand does not disappear even during downturns. As a result, he believes that most people cannot afford to own houses in the city. He concluded the post by saying, “The truth few will say aloud: most people can't afford Gurugram. And that's exactly why Gurugram holds value."
Source: News18
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