Latest news with #DLFPhase5
Mint
16 hours ago
- Business
- Mint
Gurugram man reveals ₹7.5 lakh monthly cost of luxury life in Linkedin post, sparks debate
A LinkedIn post revealing the steep cost of maintaining a lavish lifestyle in one of Gurugram's most upscale neighbourhoods has gone viral, sparking wide discussion online. Vaibhav J, a resident of a posh area in Gurugram, shared a candid breakdown of his monthly expenses, highlighting the financial strain that comes with living in such a high-end locality. He opened his post with a striking admission that quickly caught people's attention: 'I own a house in Gurgaon, India. Translation: I need ₹ 7.5 lakh/month just to breathe.' Vaibhav detailed his monthly outgoings, listing everything from home and car EMIs to school fees, domestic staff wages, travel costs and lifestyle expenses. 'Here's what you really signed up for: ₹ 2.08 lakh EMI for a ₹ 3 crore house. ₹ 12,000 per month maintenance for the fountain. ₹ 60,000 car EMI – because you can't roll up in a Swift. ₹ 65,000 per month for IB school for kids. ₹ 30,000 per month for 'foreign trip proof-of-life'. ₹ 30,000 monthly for domestic staff – cook, maid, driver. ₹ 20,000 for club nights and dinners you don't even enjoy. ₹ 12,000 for grooming and dressing 'DLF Phase 5 ready'. ₹ 10,000-plus on random purchases. ₹ 15,000 for birthday gifts and wedding envelopes – a 'fake smiles tax'.' Adding up to around ₹ 5 lakh a month, he pointed out the post-tax reality: 'Now factor in income tax at 30 percent. To spend ₹ 5 lakh a month, you need to earn ₹ 7.5 lakh ( ₹ 90 lakh/year pre-tax). We had neither done savings nor bought insurance. And I haven't even eaten yet. That's not top one percent income – that's top 0.1 percent burn rate.' The post has drawn mixed responses online. While some sympathised with the pressure of maintaining appearances in elite circles, others criticised the spending choices.
Time of India
17 hours ago
- Lifestyle
- Time of India
Bought a ₹3 crore flat in Gurgaon, now 'need ₹7.5 lakh/month just to breathe': Man's viral post sparks internet frenzy
In a viral LinkedIn post, Gurugram resident Vaibhav J revealed it costs him ₹7.5 lakh per month to maintain a luxury lifestyle in DLF Phase 5. Detailing expenses from house EMIs to club nights, he sparked debate online. Some called it a reality check; others dismissed it as melodrama over self-imposed costs of urban status. Tired of too many ads? Remove Ads The Cost of Status Tired of too many ads? Remove Ads Reactions: Relatable, Ridiculous or Revealing? The Fine Print of Financial Aspiration When people imagine luxury living, they often think of gleaming towers, imported SUVs, and weekend getaways abroad. But a recent viral post on LinkedIn by Gurugram resident Vaibhav J has peeled back the velvet curtain to reveal what it truly costs to 'breathe' in one of India's most elite neighbourhoods. His now widely discussed statement reads, 'I own a house in Gurgaon, India. Translation: I need ₹7.5 lakh/month just to breathe.'This provocative claim has triggered an avalanche of reactions online. But Vaibhav backs his assertion with cold, hard numbers. Shared through a detailed monthly expense list, he explains how his high-end lifestyle amounts to a staggering ₹5 lakh per month in outflows. Factor in income tax, and one would need to earn a minimum of ₹7.5 lakh every month—or ₹90 lakh per year pre-tax—just to sustain this way of to Vaibhav's breakdown, a ₹2.08 lakh EMI for a ₹3 crore house is just the beginning. Then comes ₹60,000 for a car EMI—because as he bluntly puts it, 'you can't roll up in a Swift.' Add ₹65,000 for an IB school education for the kids, ₹30,000 for staff salaries (cook, maid, driver), and ₹12,000 to look 'DLF Phase 5 ready'—which means personal grooming and designer also ₹20,000 allocated to socialising—club nights and dinners one may not even enjoy, and ₹15,000 for gifting obligations that Vaibhav calls the 'fake smiles tax.' On top of that, there's a ₹30,000 buffer for annual foreign trips and a ₹12,000 monthly bill just for the home fountain's maintenance.'And yeah, I haven't eaten yet,' he concludes sardonically, pointing out how even basic needs feel like an afterthought in such a post has drawn mixed responses from netizens—ranging from empathetic nods to sharp sarcasm. One user wrote, 'Reality hits hard,' while another questioned the framing: 'It's incredible how you've turned your lifestyle choices into problems of society.' Some called it an exaggerated portrayal of voluntary luxuries: 'This is sensationalised storytelling. If you start listing everything A-list celebrities spend on, even ₹7.5L won't suffice.'Others defended the post as an honest reflection of a new-age middle-class reality in urban India. One user noted, 'Even without EMIs, surviving in Gurugram costs upwards of ₹3 lakh per month.'Vaibhav's account shines a light on an emerging dilemma in India's urban elite: the difference between aspirational success and financial sustainability. Owning a house worth ₹3 crore in Gurugram might symbolize having "arrived", but if that arrival is coupled with relentless monthly expenses, it raises questions about what 'success' really looks one commenter wryly noted, 'You're unluckily lucky you got something in ₹3 crore in Gurugram.'Whether it's a wake-up call, a personal rant, or a cautionary tale disguised as lifestyle math, Vaibhav's post has forced many to re-evaluate the real cost of appearing successful in India's glitzy urban enclaves. After all, as his post suggests, it's not just about having money—it's about what you burn through to look like you do.
Mint
19 hours ago
- Business
- Mint
Gurugram man reveals ₹7.5 lakh monthly cost of luxury life in Linkedin post, sparks debate
A LinkedIn post revealing the steep cost of maintaining a lavish lifestyle in one of Gurugram's most upscale neighbourhoods has gone viral, sparking wide discussion online. Vaibhav J, a resident of a posh area in Gurugram, shared a candid breakdown of his monthly expenses, highlighting the financial strain that comes with living in such a high-end locality. He opened his post with a striking admission that quickly caught people's attention: 'I own a house in Gurgaon, India. Translation: I need ₹ 7.5 lakh/month just to breathe.' Vaibhav detailed his monthly outgoings, listing everything from home and car EMIs to school fees, domestic staff wages, travel costs and lifestyle expenses. 'Here's what you really signed up for: ₹ 2.08 lakh EMI for a ₹ 3 crore house. ₹ 12,000 per month maintenance for the fountain. ₹ 60,000 car EMI – because you can't roll up in a Swift. ₹ 65,000 per month for IB school for kids. ₹ 30,000 per month for 'foreign trip proof-of-life'. ₹ 30,000 monthly for domestic staff – cook, maid, driver. ₹ 20,000 for club nights and dinners you don't even enjoy. ₹ 12,000 for grooming and dressing 'DLF Phase 5 ready'. ₹ 10,000-plus on random purchases. ₹ 15,000 for birthday gifts and wedding envelopes – a 'fake smiles tax'.' Adding up to around ₹ 5 lakh a month, he pointed out the post-tax reality: 'Now factor in income tax at 30 percent. To spend ₹ 5 lakh a month, you need to earn ₹ 7.5 lakh ( ₹ 90 lakh/year pre-tax). We had neither done savings nor bought insurance. And I haven't even eaten yet. That's not top one percent income – that's top 0.1 percent burn rate.' The post has drawn mixed responses online. While some sympathised with the pressure of maintaining appearances in elite circles, others criticised the spending choices. 'For those with fixed income in that range, income tax isn't just 30 percent. There's a surcharge, so it's about a third of your income. You'd need at least ₹ 1.2 crore CTC to support this lifestyle,' commented one LinkedIn user.
NDTV
a day ago
- Business
- NDTV
Gurugram Man With Rs 3 Crore House Says He Needs Rs 7.5 Lakh A Month Just To Breathe, Sparks Discussion
A LinkedIn post highlighting the true cost of maintaining a high-end lifestyle in one of Gurugram's most expensive neighbourhoods has sparked a discussion online. Vaibhav J, who lives in a posh neighbourhood in Gurugram, shared a breakdown of the financial burden that comes with maintaining a luxurious lifestyle in such a high-end location. He began his post with a stark confession that quickly grabbed people's attention. "I own a house in Gurgaon, India. Translation: I need Rs 7.5 lakh/month just to breathe," he said. Mr Vaibhav shared a line-by-line breakdown of his monthly expenses that included house and car EMI, school fees, monthly salary of domestic staff, foreign trips and etc. "Here's what you really signed up for: Rs 2.08 lakh EMI for a Rs 3 crore house. Rs 12,000 per month maintenance for the fountain. Rs 60,000 car EMI - because you can't roll up in a Swift. Rs 65,000 per month for IB school for kids. Rs 30,000 per month for 'foreign trip proof-of-life'. Rs 30,000 monthly for domestic staff - cook, maid, driver. Rs 20,000 for club nights and dinners you don't even enjoy. Rs 12,000 for grooming and dressing 'DLF Phase 5 ready'. Rs 10,000-plus on random purchases. Rs 15,000 for birthday gifts and wedding envelopes - a 'fake smiles tax'." Adding up to a monthly spend of Rs 5 lakh, Mr Vaibhav concluded, saying, "Now factor in income tax at 30 percent. To spend Rs 5 lakh a month, you need to earn Rs 7.5 lakh (Rs 90 lakh/year pre-tax). We had neither done savings nor bought insurance. And I haven't even eaten yet. That's not top one percent income - that's top 0.1 percent burn rate." The post has triggered mixed reactions online. "For those with fixed income in that range, income tax isn't just 30 percent. There's a surcharge, so it's about a third of your income. You'd need at least Rs 1.2 crore CTC to support this lifestyle," wrote one user. "This is quite a sensationalised story telling, honestly. This way, you can start listing everything that A-list celebrities spend on then even 7.5L wont suffice. Might certainly sound old school, but its a case of 'aamdani athanni, kharcha rupaiya'," said another. "If you're purchasing a flat worth 3cr means you are financially stable, so there's no point in this melodrama," commented a third user. "I So agree with you partner! After spending 15 years in gurgoan if you don't have emi burden on you still you need 3L to survive in this concrete jungle !!" one user said. "It's incredible how you have turned your lifestyle choices into problems of society," commented another.
