Why buying a flat is a great retirement investment
The real estate is a good investment for the retired person as because they will get a steady passive income on their golden years. Retired person who owns a flat can get a monthly rent that they collect from their tenants renting their investment property. If you own 1 Bhk flats in chembur or 2 BHK or 2 BHK or any other flats at any places of India, it will provide you a steady rental income which could be the best friend of the retired person, not only it would be helpful for paying the mortgage payment and it also makes much more lucrative. Inflation Proof: There are several benefits of investing in property but when it is all about retirement, and then the general factor which comes in mind is the rental income that’s keeps pace with inflation. As the increase of the market value, your flat value will also increase so as the rent. Thus, investing money on the real e state property for a retired person is a good choice of getting steady income after retirement. It can be