In a world where social media is filled with glossy interiors, imported tiles, and “dream homes” that look straight out of a magazine, few talk about the hidden cost of owning them. CA Nitin Kaushik has sparked a conversation by pointing out why a modest, fully paid 2BHK can actually be a smarter choice than a ₹1.5 crore flat with lifelong EMIs. His take flips the usual property narrative and forces buyers to rethink what “success” in home ownership really means.
According to Kaushik, the ₹1.5 crore apartment may come with designer lights, a modular kitchen, and a society gym, but it also comes with monthly EMIs of ₹80,000 to ₹1 lakh for the next two decades. By the time you finish paying, you’ve shelled out ₹2.8–3 crore, much of it in interest — and the bank technically owns it until the last rupee is cleared.
In contrast, a ₹50 lakh fully paid home might not turn heads on Instagram. No imported tiles, no extravagant walls. But it comes with full ownership from day one, no EMIs, a healthier bank balance, and the priceless peace of mind that you can sleep at night without worrying about missed payments.
Kaushik calls out the “liabilities disguised as assets” culture that social media often celebrates. He urges buyers to ask themselves: Are you buying for your own comfort or for society’s approval? Will you actually own the house, or will the bank? And can you still afford it if your income slows down? His bottom line is simple — real wealth is measured in freedom, not granite countertops.
According to Kaushik, the ₹1.5 crore apartment may come with designer lights, a modular kitchen, and a society gym, but it also comes with monthly EMIs of ₹80,000 to ₹1 lakh for the next two decades. By the time you finish paying, you’ve shelled out ₹2.8–3 crore, much of it in interest — and the bank technically owns it until the last rupee is cleared.
In contrast, a ₹50 lakh fully paid home might not turn heads on Instagram. No imported tiles, no extravagant walls. But it comes with full ownership from day one, no EMIs, a healthier bank balance, and the priceless peace of mind that you can sleep at night without worrying about missed payments.
Kaushik calls out the “liabilities disguised as assets” culture that social media often celebrates. He urges buyers to ask themselves: Are you buying for your own comfort or for society’s approval? Will you actually own the house, or will the bank? And can you still afford it if your income slows down? His bottom line is simple — real wealth is measured in freedom, not granite countertops.
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