A Chartered Accountant has sparked fresh debate by arguing that buying homes in urban India can be a poor financial deal compared to renting. Citing cities like Mumbai and Bengaluru, he notes rental yields stay low while home loan interest rates remain high, widening the gap for buyers. He adds that stamp duty and registration can take 5–7% upfront, worsening the upfront cost.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
