u/Emergency_Flounder_9

As per my view, we buy home once and its a long term thing also. I am confused between these two..

  1. 2 bhk flat in Electronic city, 80k emi per month (40% of my income) , Resale property
  2. 2.5 bhk flat in Whitefield ,1 lakh emi per month (50% of my income) , Possesion date 2028-29, so 1 lakh + 35k rent will be there till possesion

Both emi for 25 years and I am confortable with 1 lakh emi, now some pros and cons for both

2 bhk flat, I'll be more relaxed and can finish my emi early also

2.5 bhk flat, as we buy home for long term, it will be good for after 7-8 years and if we have any gathering, any relatives will come and when our kids will be older, it will be useful. But in this case, for 2-3 years I need to pay 35k rent also with emi till possesion.

What's your point of view on this, I have term/health insurance and some emergency fund ready with me.

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u/Emergency_Flounder_9 — 11 days ago

I saw many subs regarding good and bad builders here, but didn’t find much about Amrutha projects in Bangalore like Amrutha lake vista and Amrutha platinum. Take example of lake vista, same location like Assetz marq and Sumadhura eden garden, price are better than these builders, still many less discussion abouth these projects.

Any issue with these builder or am I missing anything v

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u/Emergency_Flounder_9 — 11 days ago