Money Guru: Should You Buy Flat, House With Home Loan Or Avoid Paying EMIs?

The EMI of the house should not exceed 50% of the income. Homes can also be bought for investment purposes. Keep the amount for the house only up to 50% of the portfolio. Home loans are available from banks, financial institutions. EMI increases due to increase in home loan rates. You can buy a home by taking a home loan: Feroze Azeez, Deputy CEO, Anand Rathi Wealth Ltd