About keeping the place and earning the money.
About the place first.
Anywhere I live it cost me 12-15K. and generally there is struggle for kitchen. and it helps to have the fully furnished place. Here it cost me 17K + internet. and general privacy. And then there is a brokage and all.
There is additional cost of 1.6lakh as a security deposit. This is somewhat problem, there is a good chance they might cut 10-20K. This is also more . pyschological.
There is two options either live without a place, or have a place and continue the journey.
There is nothing locking in this, only psychological pressure of 1.6lakh.
and this will give you a strong foundation.