Bengaluru DINK couple with Rs 8 lakh monthly income plans Rs 4 crore home, seeks advice online

The couple said they are looking for a home in an established neighbourhood with greenery, walkable spaces and limited traffic noise.

A Bengaluru-based double-income, no-kids (DINK) couple earning a combined monthly income of Rs 8 lakh has drawn widespread attention online after sharing plans to purchase a ready-to-move-in residential property priced at up to Rs 4 crore. The couple, both in their late 30s, outlined their considerations and constraints in a detailed Reddit post that prompted extensive discussion among users.

Currently residing in a rented home and paying Rs 80,000 per month, the couple said their decision to buy is driven by a desire for stability, time efficiency and mental well-being rather than aspirational living. They ruled out under-construction projects entirely, citing negative experiences within their family involving delayed or stalled developments.

The couplesaid they are looking for a home in an established neighbourhood with greenery, walkable spaces and limited traffic noise. Commute time was described as a non-negotiable factor, with the couple unwilling to travel more than 20 to 25 minutes to work.

Providing financial context, the Reddit post stated that the couple has no existing liabilities and a net worth of approximately Rs 7 crore, largely invested in financial markets.

“As this will be our first property and also the first loan that we would take, we're kind of novices with respect to EMIs, loan amount, tenure, etc. However, we think that we can go till 4cr for the property. Current NW is around 7cr, mostly investments in the market. We don't have any current debt,” the post read.

Seeking guidance, the couple asked other users to weigh in on specific aspects of the buying process.

“Please advise on the following: - Good, hassle-free, ready-to-move-in projects (tier 1). Prefer properties with good walking space, greenery, and less road noise. Not looking at under construction due to past bad exp in the family. - Recommended loan amount and tenure. - 101 guide to start searching for resale properties (I've started looking on diff portals and it is confusing),” the post added.

They also highlighted discomfort with high rental outgo without ownership, writing that they faced a “mental block” over paying substantial rent without building an asset. “Not ok to travel more than 20-25 mins to work, that is actually a hard condition for us,” the post said.

First property buying suggestion for a DINK couple in Bangalore byu/Pale_Soil8699 inindianrealestate

The post prompted a range of responses from Reddit users, many of whom shared personal experiences or alternative financial perspectives.

One user suggested reconsidering location altogether. “If your NW is 7cr and you have no plans for kids, I would suggest you look at moving out of Bangalore and thinking about FIRE (Financial Independence, Retire Early),” the comment read.

Another advised an independent property approach. “With 7 Cr, buy a BDA property on a 40x60 plot where you can live on one floor and give the other 3 floors for rent (now or in the future). That way, you can invest your full income aggressively in the market for your retirement and also be tension-free if you were to lose your job.”

A third commenter slammed Bengaluru's infrastructure and advised the couple to move out of the city. “In Bangalore you will die in traffic before you could reach hospital. It happened with someone in Adarsh Palm Retreat which is one of the most expensive projects in Bangalore. And try to visit tier 2 towns, healthcare has improved a lot. By your logic almost all of the population is at risk because they don't live in metro. Also life expectancy in less populated areas should be higher due to less pollution & other factors. So you are anyways compromising with your health if living in tier 1 city in India.”

"We had my mom staying with us since 2022 in Bangalore. After she got two heart attacks and seeing how ambulances are not given way in the Bangalore traffic, we decided to move her back to Trivandrum with a 24x7 caretaker with her. She is getting excellent treatment there without spending a fortune. IMHO, if you find a tier 2/tier 3 city with a good primary health care facility, it is better to move out there. Bangalore is no longer the pensioners paradise that it used to be two decades ago. Water problem, rampant construction, random digging on roads and worsening air pollution will make old age difficult here," another person suggested.

On the broader question of affordability, financial expert Suresh Sadagopan said rental expenditure should ideally remain within 30% of income to avoid financial stress. He cautioned that exceeding this threshold can strain household budgets.

(Disclaimer: This report is based on user-generated content from social media. Moneycontrol.com could not independently verify the claims made in the post.)