As most of you have mentioned the author's assumptions, examples and conclusion are completely out of date, if not rediculous.
a) Nothing (not even decent) is available for 25L in metros. b) Nothing (decent) is available for 25L in upcoming Tier-II cities. c) Rs 25L worth property is not worth to fetch Rs. 7000 in rent but other circumstances may prevail.
Having said that, the author has admitted that may other external factors such as appreciation, emotional/physical security, etc. have not been considered.
All in all, one need not go by absolute values. Use the worksheet as a template and work out your own calculations and conclusions.
