Struggling with the 'buy vs rent' math post-purchase

Honestly, moving into my new flat near 150 Feet Ring Road last month made me question everything about buying property. I mean, everyone talks about building equity and appreciation, but nobody really breaks down the day-to-day costs. My 3BHK from Balaji Group, which I got for ₹95L, felt like a great deal initially. But after paying the EMI, then add society maintenance, property tax, and all the unexpected repairs... it feels like I'm just pouring money into a black hole. My friend rents a similar place in Nana Mava for ₹22k, and honestly, his monthly outflow is way less than mine. We're talking about a difference that could easily cover investments elsewhere. Is the 'security' of owning really worth this much premium? I'm not seeing the huge capital appreciation everyone promised for areas like University Road. Change my mind.