R
Riya Bajaj
posted on 13 MayGurgaon rent hikes are completely unsustainable
Rental prices in Sector 93 are up almost 35% in the last two years, it's insane. I'm paying so much now, it honestly feels like a waste. Is this hike even justified or will things stabilize soon? My current 2BHK on Golf Course Extension Road went from 35k to 48k, I just can't wrap my head around it. My parents keep saying I should just buy instead of throwing money away on rent. I'm looking at a 2BHK for around ₹1.8 Cr, maybe in one of the newer projects near Dwarka Expressway. But then there's EMI, maintenance, all those hidden charges... it's a lot. Is it really tilting towards buying now, even with these property prices? What are people doing?
#rent-hike#emi-vs-rent#sector-93#first-time-buyer#gurgaon-rentals
Comments
Totally agree, yaar! My 2BHK in Sector 82 also shot up from 30k to 42k. It's becoming impossible to save for a down payment. Buying seems like the only way out, but that EMI... *shudder*.
Haan bhai, same pinch! My landlord just increased by 20% in Baharampur Naya. This is daylight robbery!