India, Sept. 27 -- Rohit and Meera, both 38 and working in Mumbai's financial sector, face the reality of steep property prices. In certain Mumbai neighbourhoods, prices average around Rs.40,000 per sq. ft., making even a modest 2BHK nearly Rs.2 crore. Rather than taking on hefty EMIs, they rent a 2BHK near their offices for Rs.55,000 per month, giving them flexibility and liquidity. At the same time, they have invested in a 3BHK apartment in Ahmedabad, where prices are around Rs.6,000 per sq. ft., costing about Rs.70 lakh. Their strategy is simple: enjoy the convenience of renting in Mumbai while building long-term stability with an owned home in Ahmedabad. They view the property not just as an asset, but as their future retirement resid...
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