Shark Tank India judge and Shaadi.com founder Anupam Mittal just dropped some serious finance wisdom, and it’s bound to ruffle a few feathers among the “don’t buy a house” crowd. In a chat with Pinkvilla, the entrepreneur made it clear that owning a home isn’t just about investment returns — it’s about safety, stability, and peace of mind. And he thinks our grandparents were actually onto something when they said, “Ghar lo, sona lo.”
Mittal explained that there is a lot of wisdom in the advice passed down by older generations. He mentioned that his ancestors always emphasised buying gold and owning a home, and he believes they were right. He clarified that he is not suggesting this should be the only strategy for investing, but he strongly feels that when someone has the financial means, purchasing a primary home is a wise decision.
He also playfully criticised modern financial influencers who often advocate renting instead of buying, citing low yield as their main argument. Mittal pointed out that this logic works only in theory. He explained that while people claim a house generates just a 2–3 percent yield, they often overlook the security and stability that homeownership provides. He added that true returns, which could reach up to 12 per cent, are only realized when the money remains securely invested in the asset, rather than being spent or left vulnerable elsewhere.
The Shaadi.com founder further explained that owning a home provides a sense of security that allows people to take bigger risks in life and business. He noted that once someone has a home, they no longer have to worry about paying rent, which gives them the freedom to focus on other opportunities. In contrast, when people are constantly paying rent and keeping cash on hand, they often end up spending it impulsively or investing it in the wrong places.
Mittal also drew a comparison between real estate and gold, highlighting that both serve as safety nets. He pointed out that gold remains locked away, preventing unnecessary spending, and similarly, a home acts as a personal nest egg and financial safeguard, offering stability and protection against impulsive financial decisions.
In short, while he’s not against other investments or even buying a second property, Anupam Mittal’s message is clear — if you’ve got the means, securing a home for yourself should be at the top of the list.
The Rent vs Buy debate
The rent vs buy debate gained a lot of buzz online after a Reddit user warned against taking a home loan for a flat, suggesting renting instead. He pointed out that a decent 2BHK in a tier-1 city easily costs Rs 1.5 crore. Even with a Rs 30 lakh down payment, a Rs 1.2 crore loan at 7.5–9% interest could push EMIs to around Rs 80,000 per month, stretching decades into retirement. That, he argued, makes you a tenant of the bank rather than the property.
The post sparked mixed reactions. Some agreed, calling flat ownership risky in today’s unstable market, while others pushed back, highlighting the practical perks of owning a home — legal rights, structural control, and a sense of security. Many noted that buying only makes sense if it’s comfortably within your means.
Financial analyst Hardik Joshi added that buying works best for those with stable jobs and roots, while renting suits people seeking mobility, flexibility, and the chance to invest elsewhere. In metros, homeownership isn’t just financial — it’s a lifestyle choice.
Mittal explained that there is a lot of wisdom in the advice passed down by older generations. He mentioned that his ancestors always emphasised buying gold and owning a home, and he believes they were right. He clarified that he is not suggesting this should be the only strategy for investing, but he strongly feels that when someone has the financial means, purchasing a primary home is a wise decision.
He also playfully criticised modern financial influencers who often advocate renting instead of buying, citing low yield as their main argument. Mittal pointed out that this logic works only in theory. He explained that while people claim a house generates just a 2–3 percent yield, they often overlook the security and stability that homeownership provides. He added that true returns, which could reach up to 12 per cent, are only realized when the money remains securely invested in the asset, rather than being spent or left vulnerable elsewhere.
The Shaadi.com founder further explained that owning a home provides a sense of security that allows people to take bigger risks in life and business. He noted that once someone has a home, they no longer have to worry about paying rent, which gives them the freedom to focus on other opportunities. In contrast, when people are constantly paying rent and keeping cash on hand, they often end up spending it impulsively or investing it in the wrong places.
Mittal also drew a comparison between real estate and gold, highlighting that both serve as safety nets. He pointed out that gold remains locked away, preventing unnecessary spending, and similarly, a home acts as a personal nest egg and financial safeguard, offering stability and protection against impulsive financial decisions.
In short, while he’s not against other investments or even buying a second property, Anupam Mittal’s message is clear — if you’ve got the means, securing a home for yourself should be at the top of the list.
The Rent vs Buy debate
The rent vs buy debate gained a lot of buzz online after a Reddit user warned against taking a home loan for a flat, suggesting renting instead. He pointed out that a decent 2BHK in a tier-1 city easily costs Rs 1.5 crore. Even with a Rs 30 lakh down payment, a Rs 1.2 crore loan at 7.5–9% interest could push EMIs to around Rs 80,000 per month, stretching decades into retirement. That, he argued, makes you a tenant of the bank rather than the property.
The post sparked mixed reactions. Some agreed, calling flat ownership risky in today’s unstable market, while others pushed back, highlighting the practical perks of owning a home — legal rights, structural control, and a sense of security. Many noted that buying only makes sense if it’s comfortably within your means.
Financial analyst Hardik Joshi added that buying works best for those with stable jobs and roots, while renting suits people seeking mobility, flexibility, and the chance to invest elsewhere. In metros, homeownership isn’t just financial — it’s a lifestyle choice.
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