Rent or buy Flat

I’m planning to settle in Bangalore. I’m 27 recently married. I’m open to reallocate to any major city in future if I get a better job offer. Not sure I should buy a flat or rent one. I really like Bangalore.

Considering the crazy high rent these days(talking about localities in Bangalore), what makes more sense keeping aside the emotional aspect. Buying a house or renting one? Side Note: I have looked at a calculator by Ankur Warikoo, but I don’t agree to the calculations made.

Considering the ongoing debate between renting and buying a flat, I've noticed many financial influencers suggesting renting and investing in mutual funds. However, there's a strong emotional aspect to owning a house, especially post-marriage and kids. What factors should one consider before purchasing a flat in metro cities like Hyderabad or Bangalore? Personally, I've contemplated buying multiple times, but after analyzing my finances, I've hesitated. I'm currently leaning towards ensuring my net worth covers at least 60% of the flat cost when making such a decision. In the long run, I believe the interest earned on my net worth could potentially cover EMIs during challenging times, like job loss or unforeseen circumstances. For instance, if I opt for a 2 Cr house, I'm considering a minimum net worth of 1.2 Cr across various asset classes like Mutual Funds, Stocks, PF, PPF, NPS, SGB, and more. What are your thoughts on this? #MiddleClass :-P

Please DM with the contact details of any broker or person who is selling a flat.

I am planning to move to Bangalore this month. Should I rent a flat out from nobroker or should I stay in a PG for a few months. What would be ideal? My office is in bellandur any help/suggestion is welcomed. TIA.

I am currently in my mid 30s and I am thinking of purchasing a property near sarjapur road, and currently working as a software engineer in Bangalore, so I want to take the expert opinions of unsung heroes of the finance domain on grapevine. I have already paid the booking amount but still want to make sure I am making the right decision.

I will be moving to Bangalore in the coming June/July. Need to look for a flat to rent in the Whitefield area. Some questions regarding the same: 1. What would be the approximate cost to rent a 2/3 bhk in sharing in the Whitefield area. 2. How many months before moving should I ideally start looking for a flat. 3. Any hacks to ease the process of house hunting?

I have a budget of 1cr. I’d probably stay there for as long as I have to go to office. But that could change at some point. I am not a Bangalore native so I will go back to my native place. So I’d like to buy in good areas where it can actually be a good investment too. What builders to target? What areas to target? Any bad experience you’ve had with any builders or anything that you’d like to share.

I’m looking for a 1/2BHK in a society near HSR. The ones around Sarjapur Road and HSR are super expensive, while ones towards Electronic City are comparatively cheaper. Do you prefer paying a higher rent to compromise on travel time, or compromise on travel and stay in a better flat at the same price.