India, July 11 -- Turning 30 often brings pressure to buy property, usually with a home loan. A Reddit post by a 32-year-old investor has sparked discussion on the emotional and financial complexities of doing so, especially when driven by family expectations.
A Redditor recently shared his dilemma about using his Rs.34 lakh savings and Rs.5 lakh Public Provident Fund (PPF) corpus to buy a Rs.60-70 lakh property on the outskirts of Bengaluru or Mysuru, an idea strongly pushed by his father. The plan would require taking a home loan to cover the remaining amount.
"My dad wants to buy a property for me. By buy, I mean he wants to use my money and take a home loan in my name to purchase a property. And he's already looking at locations on ...
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