Buying a Home in India's Metros, Out of Reach for Middle Class: ArthaYantra's Buy vs. Rent Research

Buying a Home in India's Metros, Out of Reach for Middle Class: ArthaYantra's Buy vs. Rent Research PR Newswire HYDERABAD, India, November 20, 2012 HYDERABAD, India, November 20, 2012 /PRNewswire/ -- - Hyderabad and Pune - the Best Places to Own a House; Delhi, Mumbai, Bangalore, Chennai are Better for Renting Home - ArthaYantra Developed a Proprietary Composite Score "ABRS" ArthaYantra, India's first integrated personal financial service company, has commenced one-of-its kind research on Buying a home vs. Renting a home in key metros - Delhi NCR, Mumbai, Bangalore, Hyderabad, Kolkata, Chennai and Pune. The main objective of the research is to quantify the buy vs. rent decision from a personal finance perspective. DOWNLOAD INFOGRAPHIC: https://www.yousendit.com/download/WUJhRm94Z1BoeVozZU5Vag In order to create an objective measurement metric, ArthaYantra developed a proprietary composite score TM TM"ArthaYantra Buy vs. Rent Score" (ABRS) to address the buy vs. rent discourse. ABRS not only aids in making the Rent vs. Buy decision but also explains the affordability and need to buy or rent in a given city. ArthaYantra's research addresses multiple questions such as how much more money does a professional need to shell TMout for buying a home compared to renting it? Can the professional actually afford this additional amount? ABRS answers these questions by considering three important factors: rental value, property price and gross income.