Renting offers flexibility; buying provides long-term stability

The decision to rent or buy a home in India has become more complicated in 2025 due to rising property prices and changing economic conditions. In areas like Delhi-NCR, home prices range from ₹7,500-15,000 per square foot. Monthly EMIs for buying a property are around ₹75,000, while renting costs between ₹30,000-35,000. Some regions, like the Dwarka Expressway, show strong investment potential. Experts note that people should consider their financial goals and lifestyle when deciding. Homeownership can provide long-term security and wealth, but renting allows for more flexibility. In cities like Chandigarh, lower prices make buying a home more accessible, with property values appreciating steadily. Aman Gupta from RPS Group points out that for people planning to stay long-term, owning property may be more beneficial, especially given stable interest rates and better infrastructure. First-time buyers can also take advantage of government schemes to reduce initial costs. Shiv Garg from Forteasia Realty emphasizes looking at the opportunity cost when buying. Money used for a down payment might earn higher returns in other investments. In high-value markets, renting and investing the difference could be practical for those thinking short-term. However, owning a home can provide tax benefits and security in the long run. Svaraj Anand from Neo Developers suggests that the choice between renting and buying should balance financial goals and lifestyle needs. While owning a home involves higher upfront costs and maintenance, it builds equity over time. Renting may suit those wanting flexibility and lower initial expenses, despite rising rental prices. Ultimately, individuals need to weigh their financial stability and long-term goals.