Buy VS Rent

Rented Home
  • Flexibility, freedom of choice and reduced financial commitment.
  • Renting does not burden with EMI payments and House tax.
  • Renting generally gives a feeling of lower liability.
  • Option to rent closer to work place or schools within the budget.
  • Rent is an expense that is incurred every month without creating any physical asset.
  • With renting you often have to relocate which entails a lot of wasted time, money and energy.
Own House
  • Pride of home ownership.
  • Saving Money on tax.
  • Sense of security.
  • Paying EMI provides shelter and ownership in the house.
  • Real estate is a safe investment backed by a real asset which has potential of capital appreciation.
  • Calculations favor buying.
  • Affordable home loan rates.

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