EMI vs rent math in Greater Noida is always rigged against buying, right?
Has anyone actually done the EMI vs rent calculation for this city properly? I'm so fed up of renting in Greater Noida, especially with how much rent has shot up. My landlord just raised it again for my 2BHK in Noida Extension, it's easily 30-40% more than two years ago. Not sure if this is justified or if it'll ever stabilise. I'm finally thinking of taking the plunge and buying my own place. But then I look at the EMIs for a 2 or 3BHK in Sector 150 or near Yamuna Expressway, and it feels like I'm just swapping one high payment for another. Is it actually tilting towards buying now, or is the rental yield for landlords just too good? Also, finding a decent place without a broker is impossible here, they just gatekeep everything. Any advice on the real math here would be super helpful.
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