UPI was built around convenience and zero charges for everyday users. Now the proposed MDR on certain merchant payments above ₹2,000 is raising concerns in Mumbai.
A survey cited by The Hindu found that four in five Mumbaikars are unwilling to bear the MDR cost if merchants pass it on to customers.
Under the new framework, MDR will apply to specified merchant transactions above ₹2,000 from October 15. However, customers are not directly charged the MDR. Person to person UPI payments and eligible small merchants remain outside the charge.
The bigger question now is whether businesses absorb the cost or pass it on to customers.
Would you still choose UPI if a merchant added an extra charge?
[ Mumbai, Mumbaikars, UPI, UPI Charges, MDR, Digital Payments, ₹2000 UPI, Mumbai News, NPCI, Online Payments ]
![UPI was built around convenience and zero charges for everyday users. Now the proposed MDR on certain merchant payments above ₹2,000 is raising concerns in Mumbai.
A survey cited by The Hindu found that four in five Mumbaikars are unwilling to bear the MDR cost if merchants pass it on to customers.
Under the new framework, MDR will apply to specified merchant transactions above ₹2,000 from October 15. However, customers are not directly charged the MDR. Person to person UPI payments and eligible small merchants remain outside the charge.
The bigger question now is whether businesses absorb the cost or pass it on to customers.
Would you still choose UPI if a merchant added an extra charge?
[ Mumbai, Mumbaikars, UPI, UPI Charges, MDR, Digital Payments, ₹2000 UPI, Mumbai News, NPCI, Online Payments ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F10_oct%2F01_thu%2Fimg_1790878789403_492.jpg&w=3840&q=75)
![Okay, let’s do some Mumbai real estate maths.
A 3 BHK at Lodha World One starts at around ₹12.73 crore according to Lodha’s current listing.
Now imagine trying to build that kind of wealth purely through a salary.
If you managed to save:
₹50,000 a month → ₹6 lakh a year
₹1 lakh a month → ₹12 lakh a year
₹2 lakh a month → ₹24 lakh a year
Saving the entire ₹12.73 crore would take roughly:
₹50K/month → 212 years 😭
₹1L/month → 106 years
₹2L/month → 53 years
Of course, nobody realistically saves the entire property value in cash before buying.
For a home loan above ₹75 lakh, the RBI framework caps the loan to value at 75%, meaning a buyer may need around 25% of the property value upfront.
For ₹12.73 crore, that is roughly ₹3.18 crore upfront.
Even saving ₹2 lakh every month, without considering investment returns, would take around 13 years just to reach that amount.
And that is before stamp duty, registration, interiors, maintenance and other costs.
So for a regular salaried person, buying a home at this price purely through monthly income and savings can be extremely difficult.
At this level, it generally takes a very high income, substantial existing wealth, successful business income, investments or family wealth to make a purchase like this realistic.
Basically, this isn’t just a luxury home.
It’s a different level of wealth. 👀
Would you ever spend ₹12+ crore on a home in Mumbai?
[ Lodha World One, World One Mumbai, Mumbai real estate, Mumbai property, luxury homes Mumbai, Lower Parel, Mumbai housing, Mumbai property prices, Mumbai lifestyle, Mumbai homes, Mumbai salary, Mumbai middle class ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F10_oct%2F01_thu%2Fimg_1790878787126_286.jpg&w=3840&q=75)
![Imagine being thousands of feet in the air when the person beside you suddenly becomes the threat.
That is what Captain Smit Machchhar reportedly faced on a Flydubai flight from Dubai to Tel Aviv. Despite being injured in the cockpit confrontation he resisted and helped keep the situation from becoming far worse. Passengers, crew and other pilots also stepped in before the aircraft was safely diverted and landed in Saudi Arabia.
A frightening reminder of how much courage and composure can matter when everything goes wrong at 30,000 feet. ✈️🇮🇳
[ Smit Machchhar, Indian pilot, Flydubai, FZ1073, cockpit incident, Dubai Tel Aviv flight, pilot bravery, aviation news, Indian pilot bravery, Tabuk Saudi Arabia, SpiceJet, aviation emergency, latest news ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F09_sep%2F30_wed%2Fimg_1790790898317_912.jpg&w=3840&q=75)
![Navratri shopping in Mumbai can easily become a full day plan.
From traditional markets to boutique stores and rental options, there are plenty of ways to put together your festive look.
Save this guide before you head out shopping.
[ Mumbai Navratri, Navratri shopping Mumbai, Garba Mumbai, Dandiya Mumbai, Chaniya Choli Mumbai, festive shopping Mumbai, Mangaldas Market, Bhuleshwar Market, Borivali, Malad, Mulund, Vile Parle, Charkop ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F09_sep%2F30_wed%2Fimg_1790790902817_948.jpg&w=3840&q=75)
![Your next Mumbai date doesn’t have to be just dinner and a movie. ❤️
Go kayaking, watch the sunset from the sea, explore hidden corners of the city, try something adventurous or simply do something you’ve never done together.
Because the best dates are the ones you actually remember. ✨
Save this Mumbai date guide for your next plan.
[ Mumbai date ideas, unusual dates Mumbai, unique date experiences, Mumbai couples, things to do in Mumbai, Mumbai experiences, adventurous dates Mumbai, romantic experiences Mumbai, Mumbai date guide ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F09_sep%2F29_tue%2Fimg_1790689451317_890.jpg&w=3840&q=75)
![Passengers at Kurla stepped in after a man was allegedly found harassing women in the Harbour Line ladies’ compartment. He was caught by alert commuters and later handed over to the RPF.
A reminder that staying alert and speaking up can make a difference when it comes to women’s safety on Mumbai’s local trains. ❤️
📷 Harbour Line Users / X
[ Mumbai local train, Harbour Line, Kurla, women safety, RPF, Mumbai commuters, railway safety, Mumbai news, ladies compartment, women commuters ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F09_sep%2F29_tue%2Fimg_1790660470377_252.jpg&w=3840&q=75)
![Mumbai salaries can look very different on paper.
So can Mumbai rents.
A ₹50K salary with shared rent is one lifestyle. The same salary with a solo flat is a completely different calculation.
And a ₹1L salary doesn’t automatically mean you can live wherever you want.
How much of your salary goes into rent?
[ Mumbai, Mumbai salary, Mumbai rent, Mumbai jobs, Mumbai lifestyle, Mumbai cost of living, Mumbai rental market, Mumbai property, Mumbai real estate, Mumbai 1 BHK, Mumbai housing, Mumbaikars, Mumbai expenses, Mumbai finance, Mumbai life, Mumbai rent prices ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F09_sep%2F28_mon%2Fimg_1790633484425_467.jpg&w=3840&q=75)
![Mumbai has been baking for generations and these bakeries each have their own story.
From old school Irani bakeries to newer craft bakehouses, which one are you trying first?
[ Mumbai bakeries, best bakeries in Mumbai, Mumbai food, Mumbai food guide, Mumbai bakery, Irani bakeries Mumbai, Mumbai desserts, Mumbai snacks, Bandra food, Fort food, South Mumbai food, Mumbai places to eat ]](/_next/image?url=https%3A%2F%2Fmedia-public.pix.in%2Fpublic%2Fimages%2Fv1%2Fvariants%2Fjpg%2Fm%2F2026%2F09_sep%2F28_mon%2Fimg_1790587704634_859.jpg&w=3840&q=75)
