Sabeer Bhatia Criticises Broken System As 2012 Luxury Apartment Booking Faces 2032 Possession Date

Hotmail co-founder Sabeer Bhatia has sparked online discussions after revealing that an "ultra luxury" apartment he booked in India back in 2012 will not be ready for possession until 2032. His public complaints have highlighted widespread concerns regarding project stagnation and accountability within the real estate sector.

A Two-Decade Real Estate Wait

Taking to social media platform X (formerly Twitter) on Tuesday, July 28, Bhatia voiced his frustration over the prolonged timeline. "I booked an ultra luxury apartment in India in 2012. The project has gone through much drama. I'm told I'll now get possession in 2032. Is the 20 year wait worth it?" he wrote. In subsequent interactions, he reflected on how his life has changed since making the initial investment. "I'll be an old man by the time I get it. I booked it as a young man hoping to establish a showcase base in India," he explained. Hotmail Co-Founder Sabeer Bhatia Says 90% of Indian 'innovations' Copied Ideas, Country Unprepared for Creator Economy Shift.

Sabeer Bhatia's X Post Goes Viral

I Don't Want To Blame Anyone, Says Hotmail Co-Founder Sabeer Bhatia

Broader Criticisms and Systemic Concerns

Rather than targeting a single developer, Bhatia focused his criticism on systemic hurdles within the country. "I don't want to blame anyone. As I said before, the system is broken. People think changing the Education Minister will make their problems go away. No chance. The system needs to be fixed," he stated. He added, "Saying good things about a faulty system is lying. Good karma comes to those who tell the truth."

Saying Good Things About a Faulty System Is Lying

India Has the Greatest Underutilised Potential on Earth

Bhatia further claimed, "This experience tells me that India is not progressing in real terms and the leader has no clue that it isn't growing." However, he later offered a more optimistic perspective on the nation's core potential: "Yes, of course. India has the greatest underutilized potential on Earth, and if and only if we could change the mindset to one of honesty, it would be one of the top 10 greatest places to live."

Social Media Reactions

Bhatia's posts drew widespread reactions from social media users sharing their own experiences and perspectives. One user wrote, "This is really bad. Many people are facing this issue. They are paying the EMI of the house which is yet to start and also paying the rent. Buying house in India a waiting game for many years. Though there has been some strict actions against the builders now but still long way." Others responded with humour. Another user, Deepak, joked, "Taj Mahal took 22 years to built. Don't underestimate indian builders." A third user, Harikrishnan, added, "Yes. If that apartment is equipped with a spacecraft wherin you can enjoy Intergalactic tours!"

(The above story first appeared on LatestLY on Jul 29, 2026 03:35 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).