I purchased a home in Bangalore, and to be honest, the only practical option for me, was to take out a home loan for it. I didn't have enough money to buy a house outright because of Bangalore's exorbitant real estate prices. It's true that the overall outflow from paying EMIs over time exceeds the property's initial cost. However, I still think it's the best choice to buy house in Bangalore on EMI, as it lets you pay a reasonable amount without using all your savings.
Property Investment via NoBroker
Get personalized assistance from our property experts for FREE. Get Market Insights, Legal Support and Best Deals.

Buy your Dream Home Today
Free Assistance from Property Expert
Is it Good to Buy a Home on EMI?
Asset Building: Your ownership of the property increases with each EMI you pay.
Tax Benefits: You can claim deductions under Sections 80C and 24(b) for home loan installments.
Rent vs. EMI: Since rent in desirable neighbourhoods is already costly, making EMI payments feels more like an investment than spending.
Your dream of becoming a homeowner is made possible by EMIs.
Check Your Home Loan Eligibility & EMI Instantly Via NoBroker Home Loan Services
Your Feedback Matters! How was this Answer?
Get personalized assistance from our property experts for Free
✔
Market Knowledge✔
Best Deals✔
Legal Support✔
Key Insights
Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back
Related Questions
Related Questions in Bangalore
Leave an answer
You must login or register to add a new answer .
Is it Good to Buy a House in Bangalore with EMI?
Dhriti89
40 Views
1
28 days
2025-07-15T09:51:08+00:00 2025-07-15T09:51:22+00:00Comment
Share