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.
Friend bought a house then rented it for 50k and lives in a smaller and cheaper 20k place. Uses that extra 30k towards loan. I think tons of people are doing this in Bangalore
Depends on your purpose - if you are willing to stay in one location for the rest of your life, go for buy. If you want flexibility and you are more ambitious (willing to relocate for the right job), rent
This data point will help you take the decision ☺️
Rent it. You’ll have the option to stay close to office or to your kid’s school.
If you’re a remote worker and willing to stay in a place for a long duration, buy an apartment. As a property owner there are others costs like property tax, maintenance costs, repairs, etc. Make you calculations and pick what works best for you.
Buying makes more sense if you can afford the downpayment + emi. If you're in situation to take help from family for buying something without major headache, take the plunge.
They way genZ are hooked on subscription culture and overdue formalisation of real-estate sector residential rents are bound to reach 7-9% annual.
Already in micropockets there are properties where 100% payment needs to be white limiting the total upside, at other places it's still 20% white plus you know what. The increase of property values will stagnant for majority of us.
Hi everyone,
I’ve been considering the decision of whether to buy a flat in Bangalore or continue living in a rented apartment, and I’d love to get some advice from you all, purely from a financial perspective.
On one hand, buying a fl...
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-mar...
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.
Understanding what is the going rent for a 2BHK in Bangalore close to ORR.
Used to work from home happily. But office folks decided to make it hybrid last year and I moved to Bangalore with my wife. Rented a 2BHK flat near Marathahalli...
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.