Iamanidiot
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for 12000 you will get matchboxes for rent in delhi.A westerner must get atleast 5000-6000$ to live a decent life in the metro's.for me rs32
5-6K $ is quite high. Around 2.5-3 Lakh and 30-35 Lakh P.A. (60-72 K $)for 12000 you will get matchboxes for rent in delhi.A westerner must get atleast 5000-6000$ to live a decent life in the metro's.for me rs32
Delhi is cheaper to live than mumbai but there is more money in delhi.5-6K $ is quite high. Around 2.5-3 Lakh and 30-35 Lakh P.A. (60-72 K $)
I think 25k $ P.A. is fair enough to live decent life in Delhi.
There is no upside limit, but 25k is okay for decent life in Delhi. In Mumbai, may be 30k-35k $.
Agree with Bold part.Delhi is cheaper to live than mumbai but there is more money in delhi.
leela hotel has pizza priced at 9000
Me and friend had a full lunch in east of kailash for Rs 80. daal, kadahi paneer, butter naan, pepsi, ras malai.Agree with Bold part.
There is difference between decent normal life and luxurious stuff. One can never be happy with whatever money you have.
If someone wants to visit Hotel Taj, Leela regularly, Then even 5-6k $ would be less/monthly.
But 25k/P.A. is fair enough for decent life. [Don't ask me what is decent life] 8)
A Yuppie in most Western nations makes several times more than $1500 a month and they can afford a mortgage and a car note.I wasn't even talking about renting an apartment - I was talking about buying one. Something unimanigable for a young professional in most Western nations.
$300 for an apartment, $300 for food, $300 on a car note, $285 for income tax... you still haven't covered utilities, internet, satellite TV, phone, insurance, any debts that need to be paid... this guy is already broke.And since you're talking of rent, let us look at the math here. A 27 year old youngster who earns $1500 in India after tax deductions - that is the chap we are talking about. So you say $300 for a decent apartment. Actually you'll get quite a good one for $300, so let's accept that. What else do you have? Food and drink will not cost more than $300, even if you really splurge like crazy. Fuel, entertainment, and the rest will cost you around $300 more - and this is the real extreme maximum. No one spends 30000 rupees per month, month after month, on food, entertainment, fuel and "miscellaneous expenses".
Internet 2Mbps (that's standard speed don't ask more) cost less than $20 a month. DTH with all channels $10 a month, india has the cheapest call rate for mobile in the world @1ps per sec that is a very small fraction of a cent. Insurance is cheap as well. Medical insurance about $30 a year for a $3000 dollar cover. Life insurance again cheap starting about $200 a year if not less. All this is the lower limit.A Yuppie in most Western nations makes several times more than $1500 a month and they can afford a mortgage and a car note.
$300 for an apartment, $300 for food, $300 on a car note, $285 for income tax... you still haven't covered utilities, internet, satellite TV, phone, insurance, any debts that need to be paid... this guy is already broke.
apartment - you can buy a good house for around 100,000usd.What kind of apartment, what neighbourhood, what kind of car, what kind of diet, what kind of insurance... there are some levels of low cleanliness and quality Westerners will not settle for. It costs $300 a month for a decent apartment in Dehli, probably more in Bangalore.
The talk was about a person with 6+ years of experience, not a "new grad". And one more piece of information: Infosys and Wipro are pieces of shit in terms of salary. Talk about Accenture, IBM, Oracle, iFlex, and dozens of other lesser known (but awesome) consulting/implementation companies.I wonder which "yuppie" new grads in India make $1500 or Rs 70,000 per month. My friends in Infosys/Wipro etc all started @ Rs 18,000 and some of the lucky ones after a year or two of experience were getting Rs 30,000.
As Bangalorean said, they are both shitty in terms of salaries. Do you think that a company that hires 5000 or so people every year, can pay US$ 1000 as salary to each one of them ?? Do the math, please. And yes, all of them are engineers, not for other departments like admin etc.I wonder which "yuppie" new grads in India make $1500 or Rs 70,000 per month. My friends in Infosys/Wipro etc all started @ Rs 18,000 and some of the lucky ones after a year or two of experience were getting Rs 30,000.
That depends on where you live ! My friends stay in Karol Bagh in a 1 BHK accommodation and pay a rent of Rs. 8000. Only the southern, central and some areas in West Delhi are very expensive for accommodation.for 12000 you will get matchboxes for rent in delhi.A westerner must get atleast 5000-6000$ to live a decent life in the metro's.for me rs32
I can't speak for Europe, but in North America, a 27 year old can easily own an apartment, townhouse or even a bungalow. Bank loans are relatively easy to get, and interest rates on mortgage are currently around 3-4%. Cars are also much cheaper than in India.The talk was about a person with 6+ years of experience, not a "new grad". And one more piece of information: Infosys and Wipro are pieces of shit in terms of salary. Talk about Accenture, IBM, Oracle, iFlex, and dozens of other lesser known (but awesome) consulting/implementation companies.
Anyway, this discussion is so stupid. I have been enough in Europe to know certain basic stuff. In Europe, a 27-30 year old just cannot hope to own an apartment of his own.
Of course, living in Europe has advantages. It is cleaner, less polluted, less noisy, better roads, things get done easier, limited corruption, etc. But if you talk at an individual level, an Indian young professional can have more conveniences and acquire more assets than his counterpart in Europe.
I thought you were a person who thinks for himself rather than being fed information ?I'd come back in heartbeat. Just that the cultural shock holds me back. Once you get used to discipline of daily life in the US. The ability to be corruption free (we don't have bribe to get a phone line, cops, city permits) and then of course there is the traffic. I'm telling you it's difficult to slip back into the " chalte hai bhai" attitude in India after you have been integrated into the US lifestyle. yeah-I'd love too and really have given a long hard thought-- but man-- to go from a disciplined, quiet surrounding to Bombay estyle..
As usual, some people are really great in blowing things out of proportion, mate !I thought you were a person who thinks for himself rather than being fed information ?
I didn't have to pay for a telephone line or my internet...infact they installed it within 1 day and activated it a day later. Yes there is corruption but not how it is portrayed like that every single person round the corner needs to be bribed.