Pics of Nikhil Kamath's rented Bengaluru apartment resurface after he buys his first house, Netizens reacts...

Days after Zerodha co-founder Nikhil Kamath revealed on his podcast that he recently bought his first home, images of his former rented residence—a sprawling 7,000-square-foot apartment in Bengaluru—have resurfaced.

The photos were shared by Rahul Gonsalves, a designer at PhonePe, who commented critically on the apartment's interior design.

"In all of this Nikhil Kamath house debate - what is being lost sight of is the absolute travesty that are its interiors. Ser. You can afford far better interior designers/architects," Gonsalves wrote.

In all of this Nikhil Kamath house debate - what is being lost sight of is the absolute travesty that are its interiors.

Ser. You can afford far better interior designers/architects.

Source (https://t.co/HZu2zNRXH1) pic.twitter.com/FG1ou21Q27

— Rahul Gonsalves (@gonsalves_r) October 23, 2024

Netizens reaction

His post sparked a flurry of reactions, with many users echoing his sentiments about the apartment’s decor. "Better or worse than Ananya Pandey's house that Gauri Khan did?" a user asked.

"Yes, the choice of wallpapers & furniture is absolutely 3rd class. 5 min of search on Pinterest could find you better options," another expressed.

"I love maximalism but I'd get a migraine living here," a third said.

Bhai itna paisa, he can make it sheesh mehal of he wants

— Rahul Bhadoriya (Design Dacoit) (@RahulDesignWeb3) October 23, 2024

Needless to say, Kamath is a strong advocator of renting over buying. In the latest episode of his podcast, "WTF is with Nikhil Kamath," Kamath revisited the rent vs. buy debate with notable guests: Irfan Razack, Chairman & MD of Prestige Group, Nirupa Shankar, Executive Director at Brigade Group, and Karan Virwani, CEO of WeWork India.

Known for favouring renting like any other finance influencer, Kamath highlighted one significant drawback of renting.

“The thing with renting, of all the advantages of renting, there is one disadvantage: you don’t have foresight as to when you can move out of the house. I had to move out of this house, whereas I might have liked to stay longer in this house,” he explained.

When asked whether buying a house adds to his financial strength, Kamath expressed his dislike for the illiquid nature of real estate.

"I feel something like gold can give that to me. I hate the illiquid nature of real estate. Places like this have fewer buyers, and if 10 people decide to sell, the price goes haywire and becomes very arbitrary. In comparison, the stock market has more participants. If a million people decide to sell a stock, it will make a significant difference," he said.