Have you done a thorough rent versus buy analysis?
The old saying that “fools build houses and wise men live in them” has been proved incorrect several times in the past.
The old saying that “fools build houses and wise men live in them” has been proved incorrect several times in the past. But the high property prices across cities mean that renting is certainly a better option now (see graphic). Let us look at a hypothetical family planning to buy a house in Mumbai. A 2-BHK house will cost them close to Rs 1.2 crore.