True for any major metro city in India. You need 1 lakh per month to live any semblance of a dignified lifestyle as a young bachelor. Of course, if you are super chindi you can do it for a lot less, but that means compromising on basic fitness, grooming, socializing, entertainment, etc.
Saving even 0.1Million $$ is a huge deal in India.
Bachelors in Bangalore needs 1L per month to have reasonable life style.
Shared Flat in gated, commute, occasions outside food, grocery, subscriptions, 2 times travel to home, clothes, mobile, movies etc.
This is without kids.