{"id":10575,"date":"2025-09-06T00:05:02","date_gmt":"2025-09-06T00:05:02","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/09\/06\/buying-a-rs-1-crore-home-should-you-go-cash-or-emi-ca-decodes-savings-and-investments-news\/"},"modified":"2025-09-06T00:05:02","modified_gmt":"2025-09-06T00:05:02","slug":"buying-a-rs-1-crore-home-should-you-go-cash-or-emi-ca-decodes-savings-and-investments-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/06\/buying-a-rs-1-crore-home-should-you-go-cash-or-emi-ca-decodes-savings-and-investments-news\/","title":{"rendered":"Buying A Rs 1 Crore Home: Should You Go Cash Or EMI? CA Decodes | Savings and Investments News"},"content":{"rendered":"


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CA Ruchita Vaghani compares buying a Rs 1 cr home in India with cash versus EMI, discussing pros, cons, and tax benefits to guide millennials and GenZ in making informed decisions.<\/h2>\n
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Home Buying in India: Tax Benefits, Costs, and Smart Choices<\/p>\n<\/figure>\n

Buying your own home in India is not only a big financial decision but also an achievement in India. Earlier, Indians collected their lifetime earnings and then spent them to buy their own house or flat. It\u2019s always attached to the matter of pride and prestige.<\/p>\n

However, with easy accessibility and availability of credit in modern times, thanks to new-age fintech companies and flow of capital, millennials or GenZ aren\u2019t waiting for old-age or having enough money to buy a home. They are taking their own home on EMIs (Equated Monthly Installment), a modern credit instrument where customers pay the lenders the credit amount on a monthly\/quarterly\/semi-annual basis. Thus, they can have their dream of having a house at a young age.<\/p>\n

However, it\u2019s that simple. Is it wise to have a house on EMI or is the old age technique of collecting money to buy a house better?<\/p>\n

CA Ruchita Vaghani explores this universal dilemma in one of her X posts, comparing buying a Rs 1 cr home in cash versus taking a home loan and highlighting pros, cons, and tax benefits to help buyers make an informed choice.<\/p>\n

CA Ruchita Vaghani shares pros and cons on this dilemma:<\/p>\n

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Category<\/th>\nDetails<\/th>\n<\/tr>\n<\/thead>\n
Pros of Buying Rs 1 Cr Home in Cash<\/strong><\/td>\n\u2013 No EMI burden \u2192 peace of mind\u2013 No interest cost \u2192 immediate ownership\u2013 No fear of rising interest rates \u2192 strong negotiating power<\/td>\n<\/tr>\n
Cons of Buying Rs 1 Cr Home in Cash<\/strong><\/td>\n\u2013 Savings locked in an illiquid asset\u2013 Lose potential investment returns\u2013 Limited liquidity for emergencies<\/td>\n<\/tr>\n
Pros of Buying Rs 1 Cr Home on Loan<\/strong><\/td>\n\u2013 Liquidity safety \u2192 can invest saved amount\u2013 Tax benefits under Section 24(b) \u2192 Rs 2 lakh\/year on interest\u2013 Tax benefit on principal \u2192 up to Rs 1.5 lakh\/year\u2013 Combined tax advantage \u2192 Rs 3.5 lakh\/year\u2013 Inflation advantage \u2192 repay loan with future money\u2013 EMI easier as income rises\u2013 Potential higher returns on investments than loan interest<\/td>\n<\/tr>\n
Cons of Buying Rs 1 Cr Home on Loan<\/strong><\/td>\n\u2013 Total outgo ~Rs 2.07 cr for a Rs 1 cr home\u2013 EMI for 20 years at 8.5% \u2192 Rs 86,000\u2013 Total interest over 20 years \u2192 Rs 1.07 cr<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Varun Yadav<\/a><\/p>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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First Published:<\/span><\/p>\n
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September 05, 2025, 15:15 IST<\/p>\n<\/div>\n<\/div>\n

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Last Updated:September 05, 2025, 15:15 IST CA Ruchita Vaghani compares buying a Rs 1 cr home in India with cash versus EMI, discussing pros, cons, and tax benefits to guide millennials and GenZ in making informed decisions. Home Buying in India: Tax Benefits, Costs, and Smart Choices Buying your own home in India is not…<\/p>\n","protected":false},"author":1,"featured_media":10576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-10575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=10575"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/10575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/10576"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=10575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=10575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=10575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}