My EMI vs rent math is making me rethink everything

Is anyone else sick of paying rent in Greater Noida? My landlord just hiked it again for my 2BHK in Sector 137. With prices for a 2BHK now hitting ₹70L-₹1Cr, the EMI vs rent math feels like it's finally pushing towards buying. Everyone talks about high EMIs, but aren't we just building equity? Change my mind.