Buying Flats or Land: Which Makes Financial Sense?

Imagine you're deciding whether to buy a house, rent a place, or buy land.

An architect, Atul Gupta, says buying a flat can be tricky because you might end up owing lots of money for a long time.

Flats can also become old and need repairs.

Renting, on the other hand, lets you move easily and you don't have to worry about big bills or loans.

Buying land is often better because its value usually goes up, and you can build or change things as you need.

So, Gupta suggests renting or buying land might be smarter than buying a flat.