What Can You Get With ?1 Crore? Controversial Post Stirs Debate Among Netizens

Many people save money throughout their lives to improve their lifestyles and provide a comfortable living for their families. However, as the price of everything around us rises, it can be difficult to realize one's aspirations.

What can one crore get you in today's time?

Do you know how much ?1 crore can buy in today's economy? | Image: Pexels

If you want to earn more and save more for your family, do you know how much ?1 crore can buy in today's economy? An X user recently revealed it in his post, which went popular on the microblogging network.

"1. You can't buy a house in Mumbai, Delhi, or Gurugram (at least not a liveable one for a family)* You could look at something on the outskirts (maybe). And commute for hours. 2 You can't send your kids abroad to study at most MBA programs abroad * Barring a few countries or if it is a public university. 3 You (maybe) can't send your kids to international schools (not kidding, in Delhi, British School, the donation for a class 1 kid is 95 Lakhs). Welcome to the new world. Where excess money printing & debt has destroyed your buying power," Akshat Shrivastava wrote in the tweet that is now making rounds on the internet.

How did people on the internet react?

This content was shared on April 8. It has gained over one million views since its initial posting. The post has also received countless likes and comments.

An user wrote, "Forget a house, MBA program, or school entrance, @Akshat_World, 1 crore cannot even buy you a Maybach, a Da Vinci picture, or a month-long stay in any Alps sky resort. Such has been the depletion of funds."

A second said, "?1 crore can give you a good life in tier 2 cities, and not everyone wants their children to go abroad for higher education." "Your mindset is important!"

"So, you mean money has devalued dramatically in terms of purchasing power? One crore can still provide us with 8-9 lakhs in risk-free interest income, which is plenty for rural subsistence," added a third. Check the post here.

What 1 Crore gets you?

[1] You can't buy a house in Mumbai, Delhi, Gurugram (at least not a liveable one for a family)

* You could look at something at the outskirts (maybe). And commute for hours.

[2] You can't send your kids abroad for studying at most MBA programs abroad¡­

¡ª Akshat Shrivastava (@Akshat_World) April 8, 2024

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