Homeownership is becoming a distant dream for many as property prices surge across India’s metropolitan hubs. From Mumbai’s luxury towers to Bengaluru’s sprawling outskirts, costs are escalating—driven by rising demand, higher construction expenses, and dwindling supply. The real estate boom is increasingly skewed toward premium developments, leaving the middle class struggling to find affordable options.

A viral Reddit discussion has sparked debate, particularly over Non-Resident Indians (NRIs) being targeted as key buyers. One user urged NRIs to pause purchases, citing unrealistic pricing—with 3BHK flats in outer Bengaluru now touching ₹2-2.5 crore, comparable to London and New York rates. Others echoed similar frustrations, calling the market a “greedy money sink” with limited returns on investment.

Some buyers have chosen alternative markets, opting for Dubai or tier-2 cities instead. Investors who avoided Bengaluru’s inflated property rates claim they gained 5x returns by focusing on smaller cities’ outskirts. Meanwhile, infrastructure concerns—such as deforestation for road expansions—have only deepened skepticism.

Yet, the belief that real estate prices will never drop remains strong. While temporary corrections may happen, historical trends show property values rarely decline significantly. With India’s growing population and economic expansion, housing demand is unlikely to fade—leaving many questioning whether affordable homeownership is still within reach.