A recent social media post by a man describing himself as a "recovering founder" on X (formerly known as Twitter) has sparked widespread disbelief over the exorbitant prices of luxury apartments in Gurugram.
Abhinav Kukreja shared images of DLF's latest high-end project, showcasing lavish amenities such as a private theatre, games room, ice bath area, and spa facilities.
What shocked people the most was the starting price of â¹75 crore for the smallest apartment in the development.
Kukreja highlighted the staggering cost by saying, "Can't believe they cooked this in Gurugram," while unveiling the luxurious features of the project.
The steep price has led many to draw comparisons with iconic global real estate, with some even researching Burj Khalifa apartment prices for perspective.
According to Kukreja, the smallest unit spans 9,500 square feet and is priced at approximately â¹80,000 per square foot.
He commented, "This means there’s now a building in Gurgaon where the cheapest home costs around â¹75 crore ($9 million)."
The jaw-dropping price tag prompted many users on X to express their disbelief and consider alternatives.
One user joked, "You can get a facing view in Italy for the same price with far better facilities."
Another remarked, "â¹75 crore for a Gurugram apartment or an apartment of the same size in Burj Khalifa, where apartments start at â¹6 crore for 1 BHK. Tough choice..."
Other users shared similar sentiments.
One noted, "For $1.2 million, you could get an apartment in Manhattan near Times Square," while another commented, "For this price, I think I can buy a home in Los Angeles. Real estate in India is skyrocketing, but people's incomes remain stagnant. If this continues, the middle class will never even dream of owning a 2BHK."
"Our real estate market is out of control. It’s cheaper to buy housing abroad than in India. Less than 30 years ago, Indian housing was affordable. Now it’s beyond reach for many," another user added.
The collective reaction reflects growing concerns over the rapidly increasing property prices in India, especially in cities like Gurugram, where real estate is becoming increasingly unaffordable for the average citizen.