Can Property Fetch Steady Cash Flow After Retirement?

Bangalore: After the economic slowdown, people became wary to make any kind of investments. The sluggish economy and decline in share market price aroused tension and gloomy atmosphere among investors, realty players and end-users. But over the past, it has been observed that the real estate market has managed to sustain even in volatile economic situation. So, Indians feel the market is one safe place to invest their earnings which they can use as savings for future.

Property can provide steady income after retirement

Have you ever thought that property can generate retirement cash flow? After retirement, everyone needs a steady inflow of money that can substitute their salary. Normally, people go for pension plans to get steady income but property is actually a safest option to choose as property generates handsome income over time which one can save as their retirement savings, reports Shubha Ganesh of Times Property.

Property is one of the few investments where safety is guaranteed and one real asset. Property can be used in many ways, for instance, if your rental income is good enough and the loan taken is also paid off then you can use the rent as pension plan and if the rental income is unsatisfactory then you can use the alternative option to sell the property and gain cash.

Also Read: 12000 Per Sq Ft: New Normal Rate in Mumbai Realty