🟢 At a Glance
Yes, you read that right. A 1BHK flat in Mumbai is now priced at ₹1 crore. For the same amount, you could buy four 2BHKs in tier-3 cities and still afford to donate a kidney out of pure financial trauma. India’s housing market in 2025 has officially entered the “are you serious?” zone. But the real question is — why is this madness still selling out in minutes?
📦 The ₹1 Crore Flat Starter Pack
Let’s break down what you get in this ₹1 crore 1BHK:
| Feature | Reality Check |
|---|---|
| Carpet Area | 325 sq. ft (less than a Zoom call background) |
| View | Neighbour’s underwear on drying line |
| Parking | ₹15 lakh extra (for a Nano you don’t own) |
| Registration + GST | ₹8–10 lakh more (of course, above 1 cr) |
| Location | 2 km walk from the station, 3 km from society |
| Builder Promise | “Sea-facing” if you squint hard on the roof |
Meanwhile, in places like Nagpur, Indore, Bhopal, Siliguri, ₹1 crore can buy:
- 4 decent-sized 2BHKs
- 1 villa with a courtyard and a cow
- A plot of land large enough to start a cricket academy
- And you’ll
- still have money left for Uber Lux rides for a year
💡 Why the Hell Is Mumbai So Expensive?
Let’s be honest. Mumbai isn’t just selling you a flat. It’s selling:
- ✨ “Dreams”
- ☠️ False scarcity
- 🚇 False promises of metro connectivity
- 🤡 And a 5-year waiting period for possession
Here’s what’s driving it:
- Limited land: Because water on three sides and political paralysis on the fourth
- NRI demand: NRIs love investing in 2BHKs they never live in
- FOMO: People think prices only go up. They also thought Paytm was worth ₹2,100.
- Speculation: Every second “investor” in Mumbai is holding 3 flats, none of which he lives in
- Herd behaviour: “Amit just bought in Chembur, bro — we should too!”
🤯 The Real Cost of a ₹1 Cr Flat
Let’s calculate what you’ll pay monthly:
| Expense | Monthly ₹ |
|---|---|
| EMI (₹1 Cr @ 8.5%, 20 yrs) | ₹86,800 |
| Maintenance (avg ₹8/sq ft) | ₹2,600 |
| Parking EMI | ₹8,000 |
| Domestic help | ₹4,000 |
| Total Monthly Cost | ₹1,01,400 |
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