Source: CNBC TV18 ( https://bit.ly/4jcf4Go )

Despite the crazy price appreciation in real estate over the years, ownership has continued to be a primary focus for many buyers. People are increasingly viewing property as more than just a place to live—it’s becoming a vital investment tool.

Should you rent or buy a home?

Which one makes more sense for you? Owning a home is a lifelong dream for many, but is it always the right financial decision? As India’s real estate market continues to evolve, the question of affordability remains crucial. Whether you’re already in a home or planning to move, understanding your financial capability can help you make the best decision between renting and buying.

Are you planning to rent?

Renting provides flexibility and mobility, making relocation easier for work or personal reasons. Typically, tenants need to pay a security deposit and the first month’s rent, whereas homebuyers must arrange a substantial down payment and closing costs. Tenants are usually not responsible for maintenance and repair expenses, which are typically covered by landlords, helping them save money on unexpected costs.

Are You Planning to Buy?

If you’re planning to buy a home, understanding current market trends is essential. Buyers should consider purchasing now because while demand for premium homes benefits developers, the next logical impact is rising prices.

So, what’s your decision—rent or buy?

When deciding between renting and buying, the choice ultimately depends on individual priorities. Renting is a practical option for those who value flexibility, lower initial costs, and mobility. On the other hand, buying a home is more suitable for those who prioritise asset creation, tax savings under the old regime, and long-term investment growth.