Archive · 2 Oct 2025
Finfluencer: Renting Made Me ₹3.1 Crores Richer
Imagine you're deciding whether to buy a house or rent.
This expert says that in India, buying can be very expensive.
He says, if you rent and invest the money you save, you could end up with much more money than if you bought a house.
He looked at two options: buying a ₹1 crore house, or renting and investing the savings.
Buying a house could lead to ₹1.8 crore after 20 years.
Renting and investing can lead to ₹4.6 crores, making him ₹3.1 crores richer!
However, it's important to invest the money saved from renting, or you won't see the benefits.
Sharan Hegde argues renting made him richer than buying property.
He claims India's real estate is expensive relative to income.
Buying a ₹1 crore house can eventually cost ₹2 crore due to EMIs.
Renting at ₹25,000/month and investing can lead to ₹4.6 crore in 20 years.
Hegde advises renting only if the savings are invested.
- Who
- Sharan Hegde, Founder of GetOnePercent
- What
- Argues renting can be more profitable than buying property in India.
- When
- Recently, in a post on X (formerly Twitter).
- Where
- N/A
- Why
- To highlight that India's real estate is expensive relative to income and to advocate for informed financial decisions.
Traditional Ownership
Modern Financial Strategy
Approach to Housing
Traditional Ownership
Home ownership is essential.
Modern Financial Strategy
Renting is a viable or superior option.
Wealth Building
Traditional Ownership
Real estate is the primary path to wealth.
Modern Financial Strategy
Investing in equities and businesses can be better.
- Expert
- Sharan Hegde, GetOnePercent Founder
- Main Argument
- Renting can be more financially beneficial than buying property.
- Renting Example
- ₹25,000/month rent, invest savings
- Buying Example
- ₹1 crore house, 20 years, costs ₹2 crore including EMIs
- Buying Outcome
- ₹1.8 crore net gains after 20 years.
- Renting Outcome
- ₹4.6 crore wealth creation in 20 years
- Difference
- ₹3.1 crores richer
