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We Earn ₹1 Crore, But Gurgaon’s Real Estate Market Feels Unreachable

2026-02-03 · Geosquare

A Gurgaon-based Reddit user earning ₹1 crore annually has sparked a heated debate online with a post detailing the challenges of buying a home in the city. Despite a substantial income, the user claims that Gurgaon’s real estate market is making it nearly impossible to find an affordable and decent property.

The anonymous post on Reddit has gone viral, resonating with many who face similar struggles in the city. The user, who earns ₹1 crore per year jointly with their spouse, feels “completely defeated” after months of house hunting. With a budget of ₹1.5 crore, stretchable to ₹1.7 crore, they have been unable to find a property that meets their expectations.

“We have decent savings and don’t want to trap ourselves under a massive loan,” the Redditor explained. They pointed out that friends in cities like Pune and Noida have managed to buy homes for under ₹1 crore, adding, “Meanwhile, here I am feeling completely left behind.”

The frustration isn’t just about the high prices but also the quality of the properties available. According to the user, most builders in Gurgaon offer “mediocre” projects with “pathetic” construction quality. The post questioned why property rates remain sky-high when basic civic issues persist.

“I genuinely don’t understand why property prices are so insanely high here when the city barely offers anything,” the Redditor wrote. They highlighted frequent waterlogging during monsoons, poor road conditions, and severe air pollution as major issues. The user also compared Gurgaon unfavorably with IT hubs such as Bengaluru, Hyderabad, and Pune, arguing that these cities offer better infrastructure, job ecosystems, and liveability.

The post warned that unless the real estate market corrects itself, professionals—especially those in the tech sector—may increasingly look to relocate to better-managed cities. “Why would anyone stay and overpay for such poor living standards?” the user asked.

Social media users were quick to weigh in. Many Gurgaon residents echoed the sentiment, sharing similar experiences of inflated prices and disappointing quality. Some said even luxury housing failed to meet expectations, while others argued that Gurgaon’s proximity to Delhi and corporate offices continues to prop up demand despite its flaws. A few commenters suggested exploring older societies or neighboring regions as more practical alternatives.

One user wrote, “Gurgaon is next to Delhi. Infinite money with people flushed with inherited money. Corruption and black money in infinite supply. ₹1 crore is honestly a regular family income these days. Plus budget should be close to ₹3.5 crore if you have an annual ₹1 crore salary. Overall, you are in the wrong place.”

“₹1 crore is no longer sufficient in places like Gurgaon. Even 5-10 year old property is going for more than ₹1.5-2 crores in Gurgaon if not more,” another user wrote.

Another user commented, “You need to understand how markets work and not take it personally. The same ₹1 crore flat you can easily buy in Pune is totally unaffordable for someone who earns ₹10 lakh per annum in Pune. You see how that works?”

Despite the challenges, the post has sparked a broader conversation about the state of Gurgaon’s real estate market and the need for more affordable and quality housing options.

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