'Matchbox' 2BHK for Rs 80 lakh? Noida creator breaks down the math

'Matchbox' 2BHK for Rs 80 lakh? Noida creator breaks down the math

A Noida content creator has broken down the cost of buying a compact 2BHK in Greater Noida West. His figures have sharpened the debate over how far home ownership has moved from the reach of salaried buyers.A content creator's breakdown of a 2bhk flat price in Greater Noida has gone viral. (Photo: Instagram)What does it really take to own a modest two-bedroom apartment in Noida today? According to a content creator whose calculations have gone viral, the answer involves an Rs 80 lakh price tag, a hefty down payment and a monthly salary that many young professionals are still working towards.In an Instagram video, Rishi Shandilya walked the viewers through the costs involved in purchasing what he jokingly calls a "matchbox-sized" 2BHK in Greater Noida West. While the homes may not be particularly spacious, he says their price tags have climbed to nearly Rs 80 lakh.According to Shandilya, someone planning to buy such an apartment would first need to arrange a sizeable down payment, which he estimates to be between Rs 20 lakh and Rs 25 lakh. The remaining amount would typically be financed through a home loan. He explains that securing a loan of around Rs 55 lakh to Rs 60 lakh would likely require a monthly salary in the range of Rs 1 lakh to Rs 1.2 lakh. On top of that, buyers should be prepared to spend around Rs 60,000 to Rs 65,000 every month on EMIs, depending on the lender and repayment period. His calculations quickly resonated with users, many of whom said they had been shocked by the pace at which property prices in Noida have risen.Watch the video:The city's real estate market has seen significant appreciation in recent years, driven by a combination of infrastructure projects and growing demand. Developments such as the upcoming Noida International Airport, expanding metro connectivity, improved expressways and the influx of professionals working across Delhi-NCR have made Noida an increasingly attractive destination for homebuyers and investors alike. As demand has grown, so have prices, particularly in developing residential hubs like Greater Noida West.Several users in the comments said the creator's estimates matched their own experiences while house hunting. Others pointed out that the actual cost of buying a home goes well beyond the advertised price, with registration charges, brokerage, interiors, maintenance deposits and furnishing expenses adding several more lakhs to the final bill.For many, the video served as more than just a financial calculation. It reflected a growing concern among young professionals that owning a home in cities like Noida is becoming increasingly difficult, even for those earning what was once considered a comfortable salary.- EndsPublished By: Srimoyee ChowdhuryPublished On: Jul 19, 2026 17:49 IST

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