Usually there is no rush, and renting often fits a founder better than the standard advice admits. A home purchase ties up a large down payment (money you might need for runway or to ride out a lean patch) and usually a long loan, secured against income that is anything but steady. Renting keeps you liquid and mobile, which is worth a lot while your company and even your city are still in flux. Buy when your income is stable enough to carry the loan comfortably, you plan to stay put for many years, and the purchase does not swallow the emergency and opportunity cash a founder needs. A home is a lifestyle choice as much as an investment. Treat it as one.
3 resources, 3 India-specific, 2 link-checked.
The India tax angle on a home loan: the deductions on principal and interest, and what actually qualifies for them.
From ClearTax by ClearTax
Open cleartax.in →The free, India-first grounding in what to do with cash once you have it: goals, allocation, SIPs, and not losing it to fees.
From Zerodha Varsity by Zerodha Varsity
Open zerodha.com →A no-nonsense, ad-light India personal-finance site: plain math and free calculators for emergency funds, goals, and asset allocation, with no product to sell you.
From Freefincal by M. Pattabiraman
Open freefincal.com →
