Rent Vs Buy Debate At Current Prices ?

Currently any spacious 3BHK is available for at least 2.5 Cr plus+

In current scenario i have seen past few year rent has increased a little bit but no so significant.

My Calculations:

Assuming i am paying 1 Lakh Rent per mont ( Keeping this at higher Side ) So in year 12 Lakh , in 10 Years 1.2 Cr adjusted inflation and other things lets round of it to 1.5 cr.

Now Buying and committing my life savings for a flat and taking loan so finally value will come 3.5cr even 4 cr, after paying loan.

10 Years 1.5 cr rent and having financial freedom, at current scenario i find renting make senses, unless i have 2 cr for disposal and want to invest it.

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u/Independent_Run_5186 — 26 days ago
▲ 367 r/IndiaTax

How to Save taxes ? This my Monthly tax deductions, Salaried Person

I feed up with Indian Tax system, it sucking my hard earned money

u/Independent_Run_5186 — 2 months ago

Whats this area long term growth ? I am planning to buy land in this area the price the seller quote is around 3300 square feet, how is long term growth and appreciation value here. Is the price justified ?

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u/Independent_Run_5186 — 4 months ago