Over past 3 years, I bought a land and a flat on loan with buy price of 9.66L and 21L resp. Today the cost is 28L and 32L resp. Collectively for both purchase, the investment from my side is around 10L till date. So in these three year, 10L gave me back 30L pure cash. So better buy a house than paying more than 10K as rent. its a waste any time.