Friday, June 06, 2025 | 01:32 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Buy a house only if you don't plan to change city and can afford it

Renting provides flexibility vis-a-vis size of the house and geography, frees up finances

Home loan
premium

Financial calculators have become available that make it possible for you to decide whether to buy or rent

Sanjay Kumar Singh
With the residential real estate segment reviving after a prolonged period of stagnation, prices are likely to move up, albeit slowly. Those considering a house purchase may feel the pressure to lock into the current price. Simultaneously, high inflation is exerting pressure on household budgets. Home loan rates, too, are rising. A married person may also be experiencing parental pressure to ‘settle down’ (parental-speak for buying a house). For all those struggling to make the buy versus rent decision, here’s a roadmap.

Buy if you will use it

Buy a house if you can tick a few boxes. “If you