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Mumbai housing dilemma: To buy or rent? Expert advice inside

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Updated on: 31 March,2024 08:20 AM IST  |  Mumbai
Aakanksha Ahire | aakanksha.ahire@mid-day.com

For newly married couples, buying a house of their own in the city of dreams can be challenging, but experts say it is not impossible. Mid-day.com spoke to experts who explore ways in which young couples can build their sweet home in Mumbai

Mumbai housing dilemma: To buy or rent? Expert advice inside

Independent couples in their late 20s or 30s are increasingly leaning towards purchasing a house of their own rather than staying in a rented home. File Photo

Key Highlights

  1. A 1-BHK rental property in Mumbai costs somewhere between Rs 25,000-2.5 lakh per month
  2. If you plan to purchase a property in Mumbai, the price starts from around Rs 1.5 crore
  3. Home loans and government schemes have made buying a house in Mumbai less challenging

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