Home purchase versus rent: For long-term end users, mkt timing not crucial

Buying makes sense for those planning to stay in a city for at least 7-10 years. Financial preparedness is crucial

Recent data from Anarock Group indicates that capital values in key micro-markets of India’s  top seven cities rose more sharply than rental values between 2021-end and 2024-end. However, for end users, the decision to buy or rent should be based on considerations that extend beyond market trends.

 

Build equity, enjoy appreciation

 

Purchasing a house provides a tangible asset that appreciates over time. “Equity building and property appreciation lead to long-term financial stability,” says Santhosh Kumar, vice chairman, Anarock Group.

 

Homeownership offers security. “Homeowners are able to avoid uncertainties like rent hikes or lease terminations,” says Vivek Rathi, national director, research,