hi praveen why wait for 2 -3 years for buying a flat with a housing loan the trends are like this. house loan interest rates may go up. the flat cost will surely grow up in 3 years considerably. if u have the plan do it now. if u can have the benefits from right now such as monthly rental and tax benefits. you will also practice thrift by start repaying the loan. further u can sell it at a premium after 3 years and go for another of your choice then. dont wait go ahead. satheeeh nandanam@rediffmail.com