When it comes to real estate, $3 million (approximately ₹25 crore) can mean vastly different things in India and the United States, as highlighted by a recent post going viral on X. Management consultant Gurjot Ahluwalia shared a side-by-side comparison of what $3 million will get a buyer in India vs the US, and social media users were struck by the disparity that highlights how overpriced the Indian real estate market is
“Which $3M apartment would you prefer?” Ahluwalia wrote on X, sharing screenshots of two listings taken from the internet.
₹25 crore apartment in Gurgaon
If you have ₹25 crore, and are willing to stretch your budget a bit further, you can buy a 4BHK or 5BHK in a posh society in Gurgaon. A listing on 99 Acres shows that ₹26.8 crore will get you an apartment in Gurgaon with a built-up area exceeding 5,000 square feet.
The apartment will be located in a residential society that offers a range of amenities, including a swimming pool, covered parking, gym, spa, access to green spaces etc.
Not too shabby – but nothing compared to what the same amount will get you in New York.
$3 million in New York
A Zillow listing shows that $2.85 million ( ₹23.9 crore approximately), is enough for a stunning 6-room penthouse overlooking the iconic New York skyline in the United States.
The terraced loft penthouse comes with a “Massive 52 ft long great room with 14 ft…