To buy or rent is a question every prospective homebuyer asks at some point. Post pandemic, this has become all the more important thanks to remote and hybrid models which have homes doubling up as workspaces. Given a choice which city would you settle in? The Moneycontrol-Liases Foras House Purchase Affordability Index helps you find answers.
Bengaluru stands out as the most affordable city in India when it comes to an individual's capacity to rent a home against the option of purchasing it and the distance one has to travel to and from the central business district.
The other top four cities are Indore, Rajkot, Vadodara and Kolkata, according to the Moneycontrol-Liases Foras House Purchase Affordability Index.
Of the 32 cities analysed, the National Capital Region (NCR) centred on New Delhi is ranked 22, the Mumbai Metropolitan Region (MMR), 24, and Hyderabad, 25.