u/Critical_Pension_387

I live in east bangalore and pay 40k rent right now.
Many of my relatives suggest me to buy a flat around 80L and make almost 50k kind of emi.
I would have 20L for down payment and also i earn 2L per month.
Everybody tells me that the 40k i am paying is a wastage.
I know that no good builder is selling around even 1 cr today.
I am okay to keep 1 cr budget
And i can get a good 2bhk in builders like Mythri, Trifecta vanto, slightly higher in Mana vista. But not sure if buying is the right decision to save rent? Or i should invest the money in land near devanahalli where i can buy a plot in similar price but still be paying rent in east Bangalore