When a young techie in Bengaluru posted on r/bangalore that he had bought his own flat for ₹1.22 crore, it did not stay unnoticed. Titled 24M bought my own place in Bangalore!!, the thread quickly drew thousands of likes and comments.
Alongside photos of a furnished bedroom and a home loan screenshot from ICICI Bank, he wrote, “Two months since I started paying my home loan. 35% cash, 65% loan. And yes, parents did help me a bit with the upfront cost, but the rest and the EMI now is on me.”
While the original Reddit post was later deleted, one line from his post got people talking.
The apartment, a 2BHK, cost around ₹1.9 crore in total. He put down 35 per cent in cash and took a sanctioned loan for the rest. The twist? His father first found the listing on Instagram.
As he explained, “My dad found this on Instagram. Brokers and real estate agencies have moved onto Instagram as well. There are quite a few good listings out there.”
His story underlines a shift in how people find homes. Traditionally, buyers depended on newspapers or local agents. Now, brokers are using Instagram to post high-quality photos, video tours and reels to catch the eye of young buyers.
“My dad found this on Instagram,” he explained. “Brokers and real-estate agencies have moved onto Instagram as well. There are quite a few good listings out there.”
To buy the flat, he put down 35 per cent of the total cost in cash with some help from his parents. The remaining ₹1,22,75,000 came through a home loan. He said this made more sense than continuing to pay rent every month.
“I used to pay a lot as rent; from an investment perspective, buying a flat made more sense,” he said. The location also works in his favour. “The location is near a tech park, so even if I don't live there, I could rent it out and cover half of the EMI through that easily.”
When asked about his income streams, he listed trading, passive income from physical assets and freelancing in influencer marketing.
Here's how Redditors reacted to the post
Once the post went up on 13 July, Redditors flooded him with questions. Some just congratulated him. Many wanted details. One user asked, “Hey OP, if you don’t mind, what skills should I learn to achieve this kind of success?”
He didn’t hold back about starting young. “It’s going well now. I’ll be turning 18 in a few days, and I plan to focus more on investing. I hope I can build good capital.” He credited his father’s early push, despite both not knowing much about investing when they began.
Another question poked into his earnings. He replied, “Trading, passive income from a few physical assets, and freelancing for influencer marketing-related work.”
Someone wanted more than numbers. A full house tour, to be exact. He obliged, posting fresh snaps from different corners of the flat. The response was warm.
One commenter @Haunting_Finding_894 said, “Bhai, it is so beautiful. So good! I’d definitely wanna live in a house like that. Looks so cozy as well. Congratulations, OP!”
Another, @SignificantYouth915, wrote, “Congratulations, Bro, it looks so beautiful at just 24, you bought your own home, that too in Bangalore. Something you should be proud of.”
Not all were starry-eyed though. A user, @BERSERK_KNIGHT_666, warned, “EMI huh? Everyone seems to advise against it. People say you become a slave to banks if you buy stuff on EMI.”
Some wondered why he didn’t just keep renting. He explained his maths. “I used to pay a lot as a rent, from a investment perspective buying a flat made more sense. The location is near a tech park, so even if I don't live there I could rent it out and cover half of the EMI through that easily.”
His post sparked a larger chat about Bengaluru’s rising housing costs and the trade-offs that young earners face. High rents push many to think about home loans early, but debt has its critics.
The original thread has since been deleted but screenshots and quotes keep popping up. For many, this was not just a post about a house. It was a peek into how young Indians weigh family help, side gigs and the promise of owning something they can call their own.
For one 24-year-old, at least, that door is already open.
(Disclaimer: This article is based on a user-generated post on Reddit. ET.com has not independently verified the claims made in the post and does not vouch for their accuracy. The views expressed are those of the individual and do not necessarily reflect the views of ET.com. Reader discretion is advised.)
Alongside photos of a furnished bedroom and a home loan screenshot from ICICI Bank, he wrote, “Two months since I started paying my home loan. 35% cash, 65% loan. And yes, parents did help me a bit with the upfront cost, but the rest and the EMI now is on me.”
While the original Reddit post was later deleted, one line from his post got people talking.
The apartment, a 2BHK, cost around ₹1.9 crore in total. He put down 35 per cent in cash and took a sanctioned loan for the rest. The twist? His father first found the listing on Instagram.
As he explained, “My dad found this on Instagram. Brokers and real estate agencies have moved onto Instagram as well. There are quite a few good listings out there.”
His story underlines a shift in how people find homes. Traditionally, buyers depended on newspapers or local agents. Now, brokers are using Instagram to post high-quality photos, video tours and reels to catch the eye of young buyers.
“My dad found this on Instagram,” he explained. “Brokers and real-estate agencies have moved onto Instagram as well. There are quite a few good listings out there.”
To buy the flat, he put down 35 per cent of the total cost in cash with some help from his parents. The remaining ₹1,22,75,000 came through a home loan. He said this made more sense than continuing to pay rent every month.
“I used to pay a lot as rent; from an investment perspective, buying a flat made more sense,” he said. The location also works in his favour. “The location is near a tech park, so even if I don't live there, I could rent it out and cover half of the EMI through that easily.”
When asked about his income streams, he listed trading, passive income from physical assets and freelancing in influencer marketing.
Here's how Redditors reacted to the post
Once the post went up on 13 July, Redditors flooded him with questions. Some just congratulated him. Many wanted details. One user asked, “Hey OP, if you don’t mind, what skills should I learn to achieve this kind of success?”
He didn’t hold back about starting young. “It’s going well now. I’ll be turning 18 in a few days, and I plan to focus more on investing. I hope I can build good capital.” He credited his father’s early push, despite both not knowing much about investing when they began.
Another question poked into his earnings. He replied, “Trading, passive income from a few physical assets, and freelancing for influencer marketing-related work.”
Someone wanted more than numbers. A full house tour, to be exact. He obliged, posting fresh snaps from different corners of the flat. The response was warm.
One commenter @Haunting_Finding_894 said, “Bhai, it is so beautiful. So good! I’d definitely wanna live in a house like that. Looks so cozy as well. Congratulations, OP!”
Another, @SignificantYouth915, wrote, “Congratulations, Bro, it looks so beautiful at just 24, you bought your own home, that too in Bangalore. Something you should be proud of.”
Not all were starry-eyed though. A user, @BERSERK_KNIGHT_666, warned, “EMI huh? Everyone seems to advise against it. People say you become a slave to banks if you buy stuff on EMI.”
Some wondered why he didn’t just keep renting. He explained his maths. “I used to pay a lot as a rent, from a investment perspective buying a flat made more sense. The location is near a tech park, so even if I don't live there I could rent it out and cover half of the EMI through that easily.”
His post sparked a larger chat about Bengaluru’s rising housing costs and the trade-offs that young earners face. High rents push many to think about home loans early, but debt has its critics.
The original thread has since been deleted but screenshots and quotes keep popping up. For many, this was not just a post about a house. It was a peek into how young Indians weigh family help, side gigs and the promise of owning something they can call their own.
For one 24-year-old, at least, that door is already open.
(Disclaimer: This article is based on a user-generated post on Reddit. ET.com has not independently verified the claims made in the post and does not vouch for their accuracy. The views expressed are those of the individual and do not necessarily reflect the views of ET.com. Reader discretion is advised.)
You may also like
Rachel Reeves LIVE: Chancellor torn apart over tax hikes after major speech
Rachel Reeves vows to rip up rules acting as 'boot on the neck' of businesses
Could Britain be about to get a digital pound?
Cash ISA U-turn confirmed as Rachel Reeves fails to axe £20,000 limit tonight
Prince Harry's hilarious nickname for money revealed by former palace staffer
