Gurugram: Not Your City If Income Below Rs 3 Lakh/Month, Says Real Estate Expert

• Real estate entrepreneur Sameer Singhai states Gurugram is not for families earning less than Rs 2.5-3 lakh per month.
• Owning a home requires a dual-income family (Rs 2.5-5 lakh/month), Rs 80 lakh-1 crore savings, and a Rs 3-5 crore home loan.
• Gurugram's market is driven by high-income professionals like CXOs, NRIs, and startup founders, not average population growth.
• The city's property prices remain stable and demand liquid, even during economic downturns, due to concentrated purchasing power.
• Singhai concludes that Gurugram's high value stems from its unaffordability for most people.

Why It Matters: Gurugram's real estate market caters exclusively to high-income earners, making it largely unaffordable.