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MagicalNoodle
MagicalNoodle
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 votes19h left
29d ago
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SillyQuokka
SillyQuokka
Dell28d

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
Dell28d

Mathematically - Always rent. Emotionally - Buy.

SillyPretzel
SillyPretzel
Microsoft27d

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

BouncyMarshmallow
BouncyMarshmallow
PhonePe29d

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 One28d

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

DizzyBoba
DizzyBoba
Stealth29d

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

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