India, Aug. 11 -- Rising property prices in India's major cities are putting middle-class homeownership increasingly out of reach, even for those earning what was once considered a comfortable income. On Reddit, a prospective buyer described struggling to find a decent home in Delhi despite earning Rs.12 lakh per annum, highlighting the widening gap between salaries and urban real estate prices. Some users claimed that only those with jaan-pehchan manage to secure significantly better deals at much lower rates.
"It's impossible to afford a house even on a home loan. This country was never for a person with a weak background," the Reddit poster wrote, alleging that those with 'jaan-pehchaan' secure far better deals at much lower rates.
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