India, April 7 -- A Bengaluru-based homebuyer earning Rs.2.5 lakh a month has triggered an online debate on affordability after revealing plans to buy a Rs.1.05 crore 2BHK apartment on Sarjapur Road. With monthly expenses of Rs.50,000 and savings of about Rs.2 lakh, the buyer also holds liquid assets of nearly Rs.70 lakh, excluding retirement funds.

Several Reddit users said the purchase appears financially viable. Assuming a home loan of around Rs.80 lakh, one user estimated an EMI of roughly Rs.65,000, adding that "with Rs.2 lakh in monthly savings, it looks manageable."

However, others urged caution, advising the buyer to account for uncertainties such as job stability, potential interest rate hikes, and the need for a robust emergen...