DancingCoconut
DancingCoconut

Rent or buy Flat

I have been in Bangalore for the last 3 years and am thinking about having my next atleast 15 years here in Bangalore. What will be the better option? Renting the flat as per job location or just buying a flat.

9mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
QuirkyNugget
QuirkyNugget

Buy it if your parents are well taken care of and they aren't dependent on you.

DancingCoconut
DancingCoconut

Actually, they need to be taken care of. I'm thinking of letting them come to Bangalore and live with me. And I'm really not sure, if they like to live here or not. Because they don't know kannada and English they barely know.

QuirkyPretzel
QuirkyPretzel

After paying down payment, if you still have 6 months EMI savings (apart from your emergency funds and investments) as backup even in the worst case scenario of you getting laid off and not getting a new job for 6 months then go for it.

Otherwise don't go for it till you are this much financially stable.

ZoomyWaffle
ZoomyWaffle
Student9mo

Rent it
It is the best option to save a lot of money

Discover more
Curated from across
Bangalore
by SquishyWalrusIBM

Regarding investing on FLAT /Home in Banglore

My family along with some relatives are telling me to buy a flat in Banglore and give it for rent, Is it really worth in 2025, getting a home loan and buying flat and renting it out?? And what could be appreciation I am new to banglore a...