Gurgaon's Expensive Rental Apartment: NRI Tenant Paying ₹6.75 Lakh For 6400 Sq. Ft. | The Tenant
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- čas přidán 6. 10. 2023
- In this episode of The Tenant, explore the life of a US expat (NRI) tenant in Gurgaon, living in a 6400 sqft apartment at 6.75 lakhs monthly rent. Discover their unique experiences, from choosing this gated and amenity-rich project to adapting to a minimalistic lifestyle. They'll share insights on work-from-home, late-night calls in the US time zone, and even their decision to rent a taxi over buying a car in India. Stay tuned for more about life in Gurgaon!
#tenant #gurgaon #realestate
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![Do NOT Make These Mistakes With Your First House! [Home Buying Guide]](http://i.ytimg.com/vi/CdZ199Fo0kE/mqdefault.jpg)
He is a Director at AWS in Seattle so easily $1.4mil salary i.e. 12 crores pa, and spending 1 crore on rent and car is just 8% of total income. He is smarter than most of us
Where are you getting $1.4M from? For L8 at Amazon it's $300k base + $700k stock
In that case bill gates should live in a house with 8% income in rent . Not worth it any which way
@@ashish3354 Haha... that is the salary of a new joinee. When you are there for a while and get refreshers every year the net salary can easily go beyond 2 Million(at the end of 4th year).
@@PawanKumar-xz2dk your answer is here 20:30
Got it ,Thanks
50 people from Mumbai can stay in the balcony itself 😂😂😂
😂
Most relatable comment 😂
😂😂
lol
😊😊😊😊😊😊😊
Connected via Metro was the funniest bit.
New drinking game, drink when the gentleman says "what not".
Or "i would say"
Why are people complaining? Not always they will show budget videos for educating some are for content as well
Decent home... exorbitant rent... corporate employee...night shifts... compromised health..golden cage
ruining own health in the big house, what not!!
And so boring with no paintings no plants! Some imagination for kids atleast?
@@malagupta4289thy r just one month old in that house
The classic golden handcuffs
dont even get started with pollution
The "whatnot" man😊😊
Pollution levels in and around magnolias and camellias are similar to that of the rest of the gurugram. No major difference due to the green cover.
True thing
Damn!!! What an expensive house. His monthly maintenance can fund a 3BHK in a good society of Bangalore(I remember one couple in Sarjapur Road Mantri Flora society was paying 60k) 😁
The associated stories of such people is even more interesting. NRIs & 'What Not' 😉
Lol 😂
My annual package is 6 lacs and i m still watching it 😢
Disparity sucks...
The happiest person is the owner to have gotten a once-in-a-lifetime tenant..
Tile work in gallery is horrible. I can see misalignment and gaps between tiles.
Good observation
Fabulous content moneycontrol, love watching diverse properties and how India has changed in last decade.
Magnolias- Price of aparment is approx 25cr to 30crore. ❤
These are slum's of The Richie Rich's !
Objective of this video ? Also the guy is clearly on a corporate lease else it doesn’t make any sense to pay 7 lac rent plus 80k for Innova 🙄
True
If you make a lot of money, it makes sense. As simple as that.
What is corporate lease??
What is the objective of you watching this video?
Which means the compnay pay the rent bro @@DehliDevil
Good to see the variety of houses and tenants featured.
I would say he is a nice person and assumed to be talented as well or whatnot.
😂
Loved this episode!
I would say 4bhk of Laburnum is better value for money since it just costs 1.5 to 1.7L per month rent for about 4400 sq ft and about 2 to 2.5L for 6000 sq ft I think, with better arranged living areas (but no comparable view), having been to both Magnolias and Laburnum. Laburnum has a much bigger kitchen for 4bhk, larger bedrooms with bigger attached balconies (but the main balcony is nowhere close to the size of this), comparable amenities (except for conference rooms) though they dont look close to as swanky and has a salon too. Also Laburnum has better ceiling height. But one thing they did not show about Magnolias is the servant's quarters which was a mini-flat with two small bedrooms, a sitting area and a kitchenette- which blew my mind. Great for giving decent living spaces to multiple house helps. Am comparing with Laburnum because of location and familiarity - am sure there are other apartment complexes which would compete even more effectively with Magnolias.
All DLF, camellia and aralia. New one in league could .be elan presidential suits.
Rs 22,000 per day.
Amazing
I pay 5k for a month for 3 bhk+ study in Rishikesh.
You comparing india's best city with Rishikesh lmaoo
Which area in rishikesh???
Location??
Around this price with decent licality?
@@vipulkaushal1597lol best city gurgaon😂
Even if you can afford it and still have cash piles , it’s still a waste of money .
The rent is so high that the anchor simply stopped pretending like its normal 😂
Mumbai's local train public crowd can accommodate themselves in that balcony...😂😂😂😂😂😂
Awesome, I really wanted to see DLF Magnolias or Aralias. (Not sure which one it is). For the first time, I’m seeing an apartment that’s too big, lots of empty space
This is Magnolias.
Camellias.
@@himanshusingh5214 no it's Magnolias camellias has base size 7500sqft
@@vikassharma-ux2ud I am talking about the most expensive one of them.
@@himanshusingh5214 ohh
Whatnot is tenant's fav word :D
How much this guy earns monthly ? If he is close to 7 lac pa, then he must have been earning at least 35 lacs per month salary after taxes.
I think his wife too earns a lot. I think they earn in dollars that too the salary of rich Americans. They are living the American dream. Bravo for him.
I guess the company is paying for the rent I guess
Abhr chitiye... 7 lakh monthly rent hai iska😂😂
He is a director of AWS amazon in seattle in USA with 1.4 million dollars salary. so this is 7.5% of his monthly salary. His wife may also be working. This is peanuts for him to think & save in this cost. After all, he wants to only be here for 2 yrs. so why compromise & confuse his kids must be the reason.,.
If the tenant lives in India, he is no longer an NRI.
If he has a foreign Visa he is still a NRI. If he has a foreign passport then he is no longer a NRI he is a foreigner
@@taurus50000 An Indian passport holder who lives in India despite possessing a foreign visa is a resident, not an NRI. And a foreign passport holder of Indian origin is a PIO who may have an OCI card and is not an NRI.
If you live 188 days /year in a country you are considered a resident of that country and have to pay income tax in that country.
@@chessmaster2121 In India, if you have income above 15 lakhs, you are considered to be a resident if you live in India 120 days or more. And there are ways to pull you in with numbers lower than that as well.
He is RNOR
4000 sqft carpet areas. Wowww. Indeed a great view from the Balcony
The video is good and "whatnot" 😂❤
Nice video bro
7 - 8 lakhs , USD 100 k a year and what not … seems like an over kill.
He is on corporate lease..
And it's sponsored video.. builder must have paid moneycontrol
Obviously everything is on a company lease otherwise such high rent won’t make any sense.
Even by US standards, the rent is around $8k per month.
That’s too much to shell out of your own salary..
He is a director of AWS amazon in seattle in USA with 1.4 million dollars salary. so this is 7.5% of his monthly salary. if his wife is working, then this is peanuts for him.
This is the most frugal looking expensive apartment ever. Is somebody else paying for the flat and not the furnishings?
Exactly. Did you see the tiny plastic table and chair of the son
It might be company accommodation.
80k for taxi 😳.Probably this guy doesn't understand the value of money. What not?!
80k/month is cheap for us people if it was US it would cost like 2-3lack/month
@@sumukhadn5060 yeah probably. I was talking purely in the context of an Indian mindset who has grown up and doing a job in India. Forgot to consider that he is a NRI.
As he said if he buys a new Innova and then hire a driver, then the maths comes around the same, but yeah then he can sell off the car at the end of 2 years, but that's an extra hassle to sell..
@vishal how can you even think that guy need EMIs to purchase car ;)
Would love to hear owner's perspective as well. Thanks for the video.
Funny to wonder if the EMI payments would be a factor. Heck no. He can buy any car cash-down.
I bet the kids go to American Embassy School
Meanwhile people from Mumbai - Uska kitchen apne society ke playground se bada hai
4BHK + Penthouse in Mumbai 😂, just from the wrap around balcony itself!
You can rent entire farmhouses in Chhatarpur for this amount.
Hey, thanks for making a video on such huge flats. I always imagined how these magnanimous apartments look and feel like (when reading news about 5k+ sq ft houses bought by celebs et al) and this specific flat, although understandably under-stuffed - is quite spacious and can accomodate a lot of 'corner spaces' and interior designing ideas. some places, especially balcony, looked a bit too tunnelly and hollow but I hope this should embrace a different grandeur when outdoor furniture is placed aesthetically.. #Kudos
Just looking like a wow
balcony is the size of a 4bhk in mumbai
Not able to get even 1/50 of his annual package and WHAT NOT😢
thankyou ET ...for giving a tour...which could not be possible in any other way LOL
metro connectivity doesn't matter for them..
would appreciate some career tips from Ashish 🤣🤣
Height of sealing is too much low yar 😲
In the wildest realm of my imagination, I could never fathom the notion of disbursing a staggering post-tax sum of 7.5 lakhs per month for accommodation and an Innova. It's entirely plausible that, to him, 7.5 lakhs feels akin to what 20k means to me...
May I offer a suggestion for consideration? It would be most enlightening to ascertain the relative aspects of this situation. Should the tenants be willing to disclose the approximate proportion of their household net income allocated to rent, it could prove insightful. Whether it amounts to 10%, 25%, or even 40%, such revelations would undoubtedly shed light on the financial dynamics at play.
Intelligent comment and a suggestion 👍🏻
@@soumil8988 ?
Majority of people who live and work in the USA will not disclose information about their wealth/assets/income. In the USA its considered rude to ask and rude to brag about these topics. Personal income and wealth is considered private information. Period.
12cr ka package h uska.
U can not fathom does not mean he does not know how to spend. He is a director of AWS amazon in Seattle in USA with 1.4 million dollars salary. so this is 7.5% of his monthly salary. He also gets tax deduction on this expense at 42% (Highest marginal cost of personal income tax in India). If his wife also works, it could be less than 4% of his monthly income. 🤣😂 so He sure knows it better than all of us.
He is a NRI who has come back to India which means by definition he is not NRI any more
Nope. Most such people work for 180 days in India & then 181 days outside India with frequent travels to get NRI benefits in taxation.
A 'what not' video 😅
Oh. So he came to India one month back amd already got featured on the episode? Dont understand what people get by showing their rental home with so much pride
The house is great and 'what not'
"and what not", "I would say"
How many people work in the house for cleaning up and maintaining looking like that 😂
in seattle he would be paying more for a mediocre lifestyle with depressing overcast weather for more than half the year.. smart move if you are making that kind of money
And even amenities were not shown
Imagine having 6.5l to spend on rent and having to live in Gurgaon lol
Where else would he live?? Slumbai with dirty slums and broken roads in a 2000 sq ft appartment?
@@user27455 I have not met any delhite who prefers delhi over mumbai
“What not”
WHAT NOT..
Everything is good, except the poisonous air ! I'd rather live in a beach-house or a hut on the mountains. Also 675k/30 thats 22500 a day man ! why not just stay in a good hotel ? I live in an apartment not too far from the Magnolias and in winters you can hear footsteps and other noises from the apartment above yours, now i assume Magnolias would have a better construction but still its beyond my understanding why someone would live in an apartment complex after spending so much !
I think these apartments are 10 yrs construction completed, and now boaring type. But outside hole things are much much better if compare to others. 😂😂
“I would say”
“What not”
I like his family first approach to life.
Nothing is going to save him from pollution
WHAT NOT!!
You're a pioneer in your domain! 🚀 -- "Doubts of today are the only roadblocks to realizing tomorrow's dreams."
Something very wrong with the video. Such a rich NRI but night shift work, bought all the furniture to take back to US, having modest working table. 🤔
He us here for just last 1 month. May be only dining table he will take with him, because he was referring to it. rest he may use & throw. company pays for relocation. not his money. quite normal.
His money, his choice
He can choose to waste his money
If i could afford that and planned to stay in India, I'd choose my home state of Goa. Can't understand what draws people to the pollution of Delhi.
Is Amazon paying the rent or he is paying from his pocket ?
Most likely the company is paying for the stay.
Interesting view and what not
What not
and WHAT NOT !
Who is he btw?? I mean must be a very important person in the us?? Tried searching but to no avail !
director in Amazon
What not!
I am a tennis fan too but I hate Kyrgious hahaha
"...and What not!"
What not ?
and what not
Hi Vishal, Please clarify that whether the tenant himself is paying the rent or his company paying for it ? as a lot of the people are getting confused over here.
Why is it important?
Even if we consider that the rent is being paid by the company, the amount then becomes part of the CTC reducing his take home by that amount.
So the rent is being actually paid by him whatever be the case.
@@deepthivarghese8354 True..They add HRAs in CTC
I think he would have been lived in any Indian 5★ hotel instead of living & doing stuff on their own.....
Size is good but not worth the value
If nore then 10 people are staying then its good
'What Not'
A lot of money but sad to see he sacrificed his health for it.
1 crore are his yearly expenses, again ballpark, so he's easily making around 3 cr per year
He needs to take a break and concentrate on his health, looks weak and tired. Of course easier said than done when you have two kids to support and a lifestyle level.
Why would he need to buy car on EMI?!
Can’t justify throwing away almost 1 crore on renting house and car.. can easily buy a nice house and car for that money. What if he wanted to come back again? He’ll rent for 2 crores again?!
There's not much in his house though.
What is the cost of this property?
35-40Cr
Horrible furnishing and what not! The cupboards look cheap and what not
fantastic and spacious flat but terrible interior
And what not!😅
Aisa hota hai BAAP papaji😂.... Sharma ji se compare karte rehte ho
Not worth 6.75 lakh of rent !
Arey which is the 1st most luxurious project then???? What's the rent there? 10 lacs???? 🤦
Yes, Camellias next door is 10 lakhs
@@LegoNinjagoINwhich apartment is this?
This is magnolias
😳
Nice apartment or WHATNOT
If you care to visit Dubai and checkout my apartment in an upscale family oriented community, I’d be more than happy to give a tour. One gets a better value for money relative to this one though. Rest it’s all subjective and relative.