India, June 14 -- A 25-year-old woman earning Rs.1.7 lakh per month has sought financial advice online on whether she should buy a Rs.1.25 crore apartment by selling a large portion of her gold holdings.

In a Reddit post titled '25F | Rs.1.7L/month salary | Should I buy a Rs.1.25 Cr flat for independence, or am I making an emotional financial decision?', the woman shared that she plans to make a Rs.45 lakh down payment by selling gold gifted by her parents and take an Rs.80 lakh home loan for 30 years. According to her calculations, the home loan would result in an EMI of around Rs.55,000 per month. She also intends to sell another Rs.40 lakh worth of gold within 6 months and use the proceeds to make a substantial payment, reducing both ...