If there’s one thing more confusing than Bengaluru traffic diversions, it’s the real estate market. Everyone has a “tip,” a “friend’s story,” or a “trust me, I know” insight.

And if you’re a homebuyer hearing all of this, you probably feel overwhelmed, anxious, or ready to give up and continue renting forever.

But here’s the truth: a lot of what people say about buying property is based on myths, not facts. Some are outdated, some are exaggerated, and some well, should’ve been thrown out a decade ago.

So, let’s break down the most common real estate myths buyers need to stop believing right now with clarity, confidence, and a pinch of humour.

Myth 1: “I should wait for the perfect time to buy.”

Ah yes, the mythical “perfect time.” This magical moment when property prices drop, interest rates shrink, and your favourite villa suddenly becomes affordable.

Guess what? It doesn’t exist.

Real estate doesn’t behave like stock markets where prices rise and fall every hour.

Property values tend to grow steadily, especially in cities with expanding infrastructure, rising demand, and strong job markets.

Instead of timing the market, focus on your own timing, your financial stability, the locality you want, and long-term goals.

These matter more than waiting for stars or interest rates to align.

Myth 2: “New constructions are always better than resale homes.”

New homes are shiny, fresh, and smell like “no one has touched this before.” But newer doesn’t always mean better.

Many resale homes come with:

• Larger room sizes

• Established neighbourhoods

• Better ventilation and open spaces

• Proven track records of water, power, and maintenance

Meanwhile, some new constructions may look fancy but come with smaller carpet areas and years of pending landscaping or amenities.

Both new and resale homes have pros and cons. Don’t dismiss resale properties, sometimes they offer better value.

Myth 3: “A bigger home is always a smarter investment.”

A larger home may sound luxurious, but it isn’t always the wisest choice.

Bigger homes often come with higher maintenance fees, increased electricity bills, more cleaning (and the guilt when you don’t clean), higher property taxes, and the added cost of furnishing all that extra space.

While having more room can be wonderful, it only makes sense if you truly need it and can comfortably maintain it in the long run.

your home should match your lifestyle, not just the number of bedrooms that “sound good” on paper.

Myth 4: “If a property is affordable, something must be wrong.”

Not every reasonably priced home is a scam or located next to a haunted forest.

Sometimes developers offer better prices because:

• They are in early phases of construction
  
  

• New metro lines or infrastructure are yet to open
  
  

• They want quicker sales in competitive areas
  
  

• It’s a pre-launch or soft-launch stage

Affordable pricing doesn’t automatically equal low quality.

Do your research. Visit the site. Check the builder’s track record. Many great deals exist if you approach them with facts instead of fear.

Myth 5: “Renting is always cheaper than buying.”

At first glance, rent looks cheaper, no loans, no EMIs, no long-term commitment.

But rewind a few years and calculate all the rent you’ve paid. That money never comes back.

As property values rise, your rent rises too. Meanwhile, homeowners build equity as their home value grows while their EMI stays steady.

Renting is good for short-term flexibility. Buying is better for long-term financial stability. It’s about goals, not cheap vs expensive.

Myth 6: “All developers are the same.”

Believing all developers are the same is like assuming every restaurant in the city serves the same dosa, definitely not true.

Builders differ widely in construction quality, delivery timelines, transparency, legal clearances, amenities offered, and even after-sales service.

A reliable developer won’t hide documents, delay approvals, or disappear once you get the keys.

The builder matters just as much as the home itself. Always check their reputation, track record, completed projects, and online reviews before making a decision.

Myth 7: “Location doesn’t matter if the home is beautiful.”

A stunning home in the middle of nowhere is still in the middle of nowhere.

You might love your 3BHK, but if it’s 20 km away from the nearest supermarket or requires you to take three buses and a prayer to reach the office, it won’t feel beautiful for long.

Location defines convenience, resale value, safety, appreciation, and daily comfort. A slightly smaller home in a better area is often a smarter choice.

Myth 8: “Under-construction projects are risky; only ready-to-move is safe.”

Under-construction properties have unfairly earned a “risky” reputation because of a few bad examples.

Not all under-construction homes delay or disappoint. Many developers deliver on time and offer:

• Lower prices
  
  

• Customisation options

• Better payment flexibility
  
  

• Higher appreciation potential

Choose the right builder and verify approvals. Under-construction projects can be fantastic investments.

Myth 9: “Once I buy a home, I’ll stop spending.”

If only!

Homeownership comes with small ongoing expenses interiors, maintenance, repairs, occasional upgrades. It’s normal.

The myth that buying a home ends all financial worries is outdated.

The reality:Budget realistically. But also remember: every rupee you put into your home increases comfort, value, or both.

Myth 10: “A home must be ‘perfect’ before buying.”

No property is perfect. Even luxury villas have something small you may want to change: a wall you’d move, a bathroom you’d rearrange, or a colour that isn’t your vibe.

If you keep waiting for the perfect home, you might wait forever.

Look for a home that meets 80% of your needs and 100% of your long-term goals. The remaining 20% can always be customized.

Buy Smart, Not Scared

Real estate is one of the biggest investments you’ll ever make and it deserves clarity, not confusion.

Don’t let hearsay, WhatsApp forwards, or someone’s random “expert opinion” stop you from buying your dream home.

The market isn’t as dramatic as it seems. With the right knowledge, your home-buying journey can be smooth, exciting, and even enjoyable.

The best decisions come not from myths, but from research, guidance, and confidence.

Ready to bust the myths and take the next step towards owning your home?

You’re already halfway there.