Home Loans Too Expensive? Why India's Young Professionals Are Rejecting Home Ownership

Buying a home has long been considered one of the biggest life goals in India, but that mindset is rapidly changing among Millennials and Gen Z. A new NoBroker report reveals that nearly 46% of tenants now believe renting for a longer period is a better financial decision than purchasing a house. Rising property prices, expensive home loan EMIs, and changing career priorities are pushing young professionals to choose financial freedom over long-term debt. In major cities like Bengaluru, Mumbai, Gurgaon, Hyderabad and Pune, home loan EMIs for similar properties can cost nearly twice the monthly rent, prompting many to invest in mutual funds, stocks and ETFs instead. Watch this report to understand why India's housing market is witnessing a major shift and whether renting is becoming the smarter choice for the next generation of home seekers.

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