Trending @Cognizant; Shall we plan buying a house and paying EMI for 15 to 20 years. Now a days after coming AI, job security is less. What do u guys think?

Never do that, that will be a major mistake in your lifetime. It is ok until last year since we can get tax benefits at least, but now the new regime is the best option for 99% of employees. Live in a rental house and try to build passive income with the money you have which will be a major support in the long term.

I dony know why people suggesting you to not buy home, rental is not a good option. For example, you are staying in Pune and paying rent minimum 15 to 20 thousands monthly. You can do this with your life but what about our future ones means out kids.
They still need to do same for there entire life if you haven’t buy any home for you and your dependent. Again the house cost is raising continusly. Don’t think like this we are buying home to save Tax this is illogical. Think about your family your dependants. Our parent also sacrifice there life for us, same thing we need to do for our kids. I have 2 flats in Pune, almost next 2 year my both flats will be getting clear. I know all are saying AI will reduce a job, but till now no one knows the ground reality of future.

If IT field is impacted because of AI, whole country will be impacted like hotels, PG, builders, Cab, malls, whole things near IT areas, even public transport.

Same suggestion from my side too.Don't fall in a trap of home loan.You will realize in future that not taking loan was your best decision.Your risk taking capacity will be gone to build passive income.And with home loan you get stressful life as a free gift.

Please don't buy.