India, May 14 -- With property prices soaring across Tier I cities, netizens say homeownership in India is increasingly becoming a goal attainable only for the top 5% of high-net-worth families. As prices rise faster than salary growth, prospective buyers on Reddit argue that waiting for a price correction may be unrealistic. Instead of hoping for a market dip, they suggest focusing on boosting purchasing power.

"Is (home ownership) meant for the top 5% net worth families. It is not meant for every Indian, whether you like it or not. If you can't afford a property today, you are unlikely to afford it tomorrow just by waiting for prices to fall," a post on social media platform Reddit pointed out.

"You should focus on improving your purc...