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there is a major discrepancy in the illustration.
by ritesh parikh on May 01, 2007 09:56 AM

You assume the rent to 13.5k per month (should be a 2 bhk) and do all the calculations. But when you talk about owning a house, you talk about 25lakhs as the cost. A person who is paying 13.5k wont be buying a house worth 25L. A 2bhk in Mumbai would be anywhere upwards of 35L. Need re-calculations!!!!

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Buy a house or stay on rent?