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Renting vs Owning

Renting Vs Owning 99acrescom India's Largest operty Portal Owning a hoUse has been the quintessential Indian dream. But the unstable market and the new brigade of corporate 'richies' are challenging the age old simple equation that 'Buying is better than Renting'. Positives Renting Comparatively less expensive, so you can save more. Invest in different avenues since Negatives availability of more cash in hand. Landlord restrictions/rules and can't personalise. Shifting and relocating to new a place is not much of a hassle. No stability, rent can be hiked or eviction notice. Save on conveyance, rent a house near office, school/college. Lack of sense of belonging. You don't need to worry much about maintenance or renovation. Positives Owning m III Comparatively expensive, but it's a long term investment. Freedom to personalize without any restrictions from landlord. Negatives Unlike hike in rental rates, interest on loan is steady and stable. Relocation decision is Extra income can be generated through rent if you relocate. Regular charges of maintainance. Sense of stability and better attachment with community. Compared to renting, it's expensive in short term Renting or Buying is a lifestyle choice. Evaluate your own requirements with respect to work and family and then take a call.

Renting vs Owning

shared by infoedge on Jun 27
0 comments helps you decide between renting or buying property with this infographic. Every Indian dreams to own a house. This is also considered as the safest form of investment for securing one’s...


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