“Viral Video: Techie Stuns with ₹15 Crore Price Tag for Noida Apartments”
In a social media post that has sparked widespread debate and disbelief, a Delhi NCR engineer has brought attention to exorbitant real estate prices in Noida, revealing that under-construction apartments are being sold for staggering sums. Kashish Chhibber, known as “Witty Engineer” on Instagram, shared a video detailing his astonishment at the price tags attached to residential properties in Sector 124 of Noida.
In a social media post that has sparked widespread debate and disbelief, a Delhi NCR engineer has brought attention to exorbitant real estate prices in Noida, revealing that under-construction apartments are being sold for staggering sums. Kashish Chhibber, known as “Witty Engineer” on Instagram, shared a video detailing his astonishment at the price tags attached to residential properties in Sector 124 of Noida.
Mr. Chhibber’s video, which has garnered over 4.4 million views since its recent posting, showcases the upcoming ATS Knightsbridge project. In the footage, he discloses that a 4BHK apartment in the development commands ₹15 crore, while a larger 6BHK unit is priced at ₹25 crore. Expressing his incredulity in Hindi, he questioned the affordability of such properties, lamenting that even with career advancements or investments, owning a home in such locales seems unattainable.
The video’s impact extended beyond Instagram, making waves on social media platforms like X (formerly Twitter), where it accrued more than 1 million views. Viewers, both on Instagram and X, echoed Mr. Chhibber’s surprise, with many highlighting comparisons to international real estate markets. Some pointed out that ₹15 crore ($1.7 million) could secure a villa in Dubai, a 3BHK apartment in Singapore, or even a prime Manhattan apartment.
Commenters debated the rationale behind such steep prices, with opinions split between viewing it as justified for a luxury project versus an indication of market speculation and inflated valuations. Some defended the costs, citing the extensive amenities and the luxury nature of the development, while others criticized what they perceived as a disconnect between property values and their intrinsic worth.
“It’s not a normal project, it’s a luxury project and hence the prices. The 3BHK is of 6000 sqft. 6BHK is 10000 sqft. It will also have amenities according to it like a dedicated concierge,” remarked one user in defense of the high prices.
Reflecting the broader sentiment, another user lamented, “15 crore for a flat? (along with pollution, infrastructure issues). Have never lived in a flat in my life in any location I lived.”
The conversation sparked by Mr. Chhibber’s video underscores growing concerns about housing affordability in Noida, particularly among middle-class Indians who find themselves increasingly priced out of the market. As the debate continues, the real estate sector faces scrutiny over pricing transparency and the accessibility of housing options for a diverse demographic.
Sources By Agencies
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