India, May 22 -- A founder has sparked a discussion on Mumbai's soaring real estate prices after comparing the cost of a 2BHK flat in the city with income levels in India and New York. Taking to Instagram, Guneet Singh Talwar shared a video in which he argued that home ownership in Mumbai is not just difficult for the middle class, but nearly impossible for most people.

(Also read: Mumbai landlord regrets renting out Rs.80 lakh flat after dispute over unpaid electricity bill: 'Full-time stress job')

In the video, Talwar said, "Today I came to know that a 2BHK is between 2 to 3 crore rupees." He then referred to a commonly cited income statistic and added, "India's top 1% is people who make 3 lakh rupees or more per month."

Explaining h...