Even though the Indian financial market has opened up and offering various options for investments, real estate is and shall remain one of the most preferred and smart modes of investment.
Slowdown in the real estate market in the past couple of years combined with some fly-by-night builders had made the potential investors and buyers wary of investing in real estate.
Investment in a second property, if not for residential purposes, should be made factoring in the cost-benefit analysis. Keeping in line with this thinking, investment in retail shops is such a financially lucrative idea.
If you’re looking for substantial rental income with a potential for healthy growth, service apartments should be your investment target!
After you have bought a house to live in, the next investment should be in a property that should start generating income for you.
Passive income, say from a rental property, can be a continuous income for life till the time your property is well maintained and you’re ready to give it on rent.