India, July 18 -- A Noida man has sparked a discussion about soaring property prices after explaining how even a compact two-bedroom apartment in the city may now require buyers to earn more than Rs.1 lakh a month.

(Also read: 'Who is buying Rs.4 crore homes?': Noida man stunned after property hunt exceeds his Rs.1 crore budget)

In a video shared on Instagram, Rishi Shandilya broke down the approximate salary, down payment and home loan needed to purchase what many people jokingly describe as a "pigeonhole" or "matchbox-sized" apartment in Noida.

In the clip, Shandilya said that a 2BHK apartment in Noida could cost anywhere between Rs.75 lakh and Rs.80 lakh, even when the property is relatively small.

"The tiny, matchbox-like apartmen...