What's still left out, even after this correction: capital gains tax on any eventual sale (this is unrealized, on-paper profit until sold), the income-tax deductions a home loan actually qualifies for (Sections 24b and 80C, which would partly offset the interest cost shown above), and any rental income foregone or earned in the meantime. It also uses the single best-performing locality found in our research, not a typical one — most tracked corridors grew 85–155%, not 205%. Leverage amplifies losses the same way it amplifies gains: if prices had fallen or stayed flat, the ₹1 Cr in equity would have been at far greater risk than paying cash. This is an illustration of how the mechanics work, not a promise, prediction, or financial advice — talk to a licensed financial advisor before leveraging into any property.