‘Should I buy 3BHK for ₹2.7cr with ₹1.8cr loan?’: Bengaluru techie turns to Reddit with real estate dilemma

A Bengaluru techie's Reddit inquiry about buying a ₹2.7 crore 3BHK in JP Nagar with a ₹1.8 crore home loan sparked debate on financial priorities.

Published on: Sep 10, 2025, 09:16:11 IST

By Yamini C S, Bengaluru

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A Bengaluru techie’s Reddit post has stirred a lively debate about real estate, finances, and lifestyle priorities. The 30-year-old, who has lived in South Bengaluru for nearly a decade, asked if it makes sense to buy a ₹2.7 crore three-bedroom apartment in JP Nagar, with ₹1.8 crore of it financed through a home loan.

The Bengaluru techie sought advice from social media users on whether to purchase or rent, with some cautioning against financial overcommitment. (File Photo )

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He and his wife, both working professionals, earn ₹5.1 lakh per month. After monthly expenses of ₹60,000 to ₹70,000, they have a strong financial base, including ₹40 lakh in emergency and buffer funds, and a ₹18,000 monthly rental income from a 2BHK in their hometown. With no kids planned for the next few years, they are considering using their savings, without touching investments, for the ₹90 lakh down payment and related costs.

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The flat spans across 1,800 square feet (sqft) in an eight-year-old gated society built by a reputed developer. It offers metro access, greenery and a peaceful living environment. The couple currently pays ₹35,000 in rent and prefers staying in the southern part of the city rather than relocating to areas like Sarjapur or Outer Ring Road (ORR), despite most IT jobs being located there.

Redditors were divided. Some praised the location, build quality, and long-term liveability. Others questioned the price, suggesting similar homes are available for less. A few warned about overcommitting financially and recommended renting while investing the rest.

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“2.8 is a bit expensive for an apartment in south bangalore (I've seen 3bhks in gated socieities going for 1.8-2.3 cr) but if you really like the flat & the area then go for it; you can afford it,” a user replied.

“If this house is truly where you want to be for the next 15–20 years, then stretching is justified. If there’s even a small chance you’ll want to move in 7–8 years, renting in that area while continuing to invest aggressively may give you better balance. A house should give you freedom and security, not tie you down with anxiety. Run the numbers again with worst-case assumptions (higher rates, income dips, job changes). If you’re still comfortable, go ahead. If not, wait,” another advised.

Disclaimer: This report is based on user-generated content from social media. HT.com has not independently verified the claims and does not endorse them.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More

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