BouncyBurrito
BouncyBurrito

Question for the finance planning folks

I am 30M with 2 cr in savings (across portfolio, no RE, all liquid) If I keep up with this rate I will hit 8cr (~1M USD) by 2027. I am living with my parents, married, no kids yet. Want to move out. Should I buy a house (purely consumption) now or should I wait 4-5 more years get more savings (hit my 8cr target) and buy then? If so, I would be renting out for the next 4 years and assume I would also have a kid by then. What are you thoughts? Also buying city would be Chandigarh Tricity ( keen on Panchukula) If any of the folks here have knowledge about the property rate there that would be great.

15mo ago
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