Rs 80,000 monthly salary, Rs 1 crore home, 70% EMI: Bengaluru CA shares 3 rules Indians ignore when buying a house

Rapid urbanization and rising property prices fuel a competitive homeownership race. Many families stretch budgets, ignoring long-term debt risks and becoming house-poor. Meenal Goel's 20-30-40 rule offers a financial baseline for prospective buyers. This framework ensures loan tenure, EMI, and down payment align with income. Adhering to these guidelines prevents dream homes from becoming crippling financial liabilities.

Raccontata daeconomictimes.indiatimes.com