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Hi,

When you get married and feel like renting a flat , the rent is minimum 30K for a 2bhk flat in a normal apartment. If you go for premium apartments then almost 50K. In that case , you feel it's always better to purchase a flat instead of going for rent.

Think wisely

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What would you recommend? Buying?
The 20y emi looks scary tbh. There is not job security as well.

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Yes it's always better to have home loan. And mostly you will not wait till 20 years, as you are bachelor and don't have much commitments, you can finish in hardly 5 to 7 years .

And major advantage is , in case of any urgent need of money later in your life during your home loan tenure, you can always opt for top up loan which have very less interest rate when compared to personal loan / gold loan.

If you think wisely and pay on time payments with little amount extra, loan is always better.

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