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MagicalNoodle
MagicalNoodle
2mo
by
Angel One

Should I buy now vs later

In phase 1 of the society, I am getting a ready to move in flat at 11500 rs / sq ft vs a new flat at 12000 rs/sqft which I will get 3 yrs down the line.

Rent in same society is 30k per month. Which option should I choose and why

Ready to move in
Wait for 3 years + rent
Rent only, never buy
225 votesexpired
2mo ago
SillyQuokka
SillyQuokka
Dell
2mo

First - do you have a budget for emi + rent. Secondly - give weightage to location, flat quality, society maintenance in case of buying. Third - most important builder reputation for new construction, to get timely delivery

SillyQuokka
SillyQuokka
Dell
2mo

Mathematically - Always rent. Emotionally - Buy.

SillyPretzel
SillyPretzel
Microsoft
2mo

If you listen to an influencer - Always rent If you want lesser tension - Buy

BouncyMarshmallow
BouncyMarshmallow
PhonePe
2mo

Do you have the budget to give rent as well as the EMI? How old is phase 1? Do you see any existing issues in phase 1?

MagicalNoodle
MagicalNoodle
Angel One
2mo

Yes. Can manage both rent and emi. No major issues in phase 1.

DizzyBoba
DizzyBoba
Stealth
2mo

One chicken in hand is better than two in the bush or something like that

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