Prashant Thakur, regional director and head of research at Anarock, highlighted that rental versus capital value data is crucial when deciding whether to buy or rent a property. He emphasized that factors such as job growth, personal preferences, family size, and financial stability drive this decision.

For instance, a resident in Bengaluru paying Rs 50,000 rent for a 2 BHK valued at Rs 1.2 crore may face the dilemma of whether to continue renting or purchase the property. Thakur explained that if the individual can make a 20% down payment and secure a home loan at 9.5% interest over 10 years, buying could prove more profitable, turning rent payments into equity.

The sentiment toward homeownership has grown, especially post-pandemic, with many Indians preferring the security of owning a physical asset. Supported by current home loan interest rates between 8.75% and 9.5%, more people are viewing EMIs as investments in a stable asset, unlike volatile market-based investments.