“A house is just an emotion,” says Rajesh Kumar. “Investing in mutual funds or stocks and getting your finances right should be the priority instead of being crushed under loans,” says the 34-year-old senior consultant working for an IT company in Goregaon. He has been against the idea of homeownership due to the surging EMI burden to realise the dream of buying a house in Mumbai, the most expensive city in India for real estate. His concerns are not unfounded. Earlier this month, a report by real estate consultant company, Anarock, revealed that affordable home buyers in India have been…
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