🏠 Rent vs Buy Calculator

The definitive analysis with all hidden costs for Indian real estate

⚠ī¸ Important Legal Notice
  • Estimates Only: Property prices, rent, and appreciation rates vary significantly by location and time.
  • Market Conditions: Real estate markets are unpredictable. Past appreciation is not guaranteed to continue.
  • Personal Factors: The decision depends on job stability, family needs, and financial goals not captured here.
This is an educational tool. Consult a financial advisor before making major property decisions.

Property Details

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🏙ī¸ Metro
Mumbai, Delhi, etc.
🌆 Tier-1
Pune, Jaipur, etc.
🏘ī¸ Tier-2
Indore, Lucknow, etc.
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%
Years

Rental Comparison

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%

Projections

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%
Years
🏠
Buying is Better
You save ₹X Lakhs over 15 years
Total Cost of Buying
-
Total Cost of Renting
-
Break-even Year -
Year X

Net Wealth at End of Period

If You Buy
-
Property Value - Loan
If You Rent & Invest
-
Investment Portfolio
🔍 Hidden Buying Costs (Often Ignored)
Stamp Duty -
Registration -
Interior & Setup -
Annual Maintenance (Total) -
Property Tax (Total) -
Total Hidden Costs -
💰 Opportunity Cost of Down Payment

Your down payment of ₹X Lakhs, if invested at 12%, would become ₹Y Lakhs in 15 years.

Cumulative Cost Comparison
Tax Benefits of Buying (Old Tax Regime)
Section 80C (Principal)
Up to ₹1.5L/year
Section 24(b) (Interest)
Up to ₹2L/year

⚠ī¸ Tax benefits not applicable under New Tax Regime. This calculator uses pre-tax analysis.

Should You Buy or Rent in India?

The rent vs buy decision is one of the biggest financial choices you'll make. In India, buying is often seen as the default choice due to cultural preferences, but the math doesn't always support it. This calculator considers all factors including hidden costs, opportunity cost, and appreciation.

Hidden Costs of Buying (India-Specific)

  • Stamp Duty: 5-7% of property value (varies by state)
  • Registration: 1% of property value
  • GST: 5% for under-construction properties
  • Brokerage: 1-2% of property value
  • Interior Setup: 5-10% of property value
  • Annual Maintenance: 1% of property value per year
  • Property Tax: 0.2-0.5% annually

When Renting Makes Sense

  • Rental yield (annual rent / property value) is below 3%
  • You plan to stay for less than 7-10 years
  • Property appreciation in your area is below 5%
  • You can invest the savings at 10%+ returns