Should I buy or rent?

Parents savings - 1 crore (plot) My income - 45 LPA Wife - 21 LPA Recurring Monthly expenses ~ 1.2 lacs (Rent, grocery, transport etc) Current portfolio: Emergency + wants (trips) fund ~ 18 lac (FDs) Mutual fund ~ 20 lacs EPF ~ 10 lacs Cost of flat in Bengaluru 3BHK in East Bengaluru (Good builder) ~ 2 CR 1. Should I buy or rent? 2. If I rent, I will be paying around 50-60K in rent every month for a 3 BHK. Instead of paying rent, should I buy a flat with down payment from father's plot (1Cr) and pay the EMIs? 3. Should I invest my hard earned parent's money with help of a financial advisor, and focus on my earnings to buy a home? Need your advise on how to go ahead. Thank you