Are flats still a wealth creator? Homebuyers debate ageing homes, rising costs and redevelopment prospects | Hindustan Times

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For decades, flat ownership has symbolised financial security for India’s middle class, but rising prices, costs and ageing homes are prompting buyers to question their long-term investment value. (Representative Image)

Are flats still a wealth creator? Homebuyers debate ageing homes, rising costs and redevelopment prospects

As home prices rise in India, many buyers question whether owning an apartment is a wise investment or merely a home with limited financial life. Concerns about maintenance costs and resale value have emerged, prompting discussions on speculative purchases. While some argue location can preserve value, others caution that flats may not yield long-term wealth, urging buyers to reconsider investments.

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