
Where should one invest for retirement planning?
Why Not Mint Money
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How to Set Up Income in Retirement
If you have a home anywhere in the country today, the rental yield is typically in the ballpark of about 3% of their bonds. So if you have a house, which is about roughly one crore in today's value, you will get maybe three lakh rupees or three end up rupees as a rental. On that, you will be paying society charges. You will be paying if at all there is a brokerage and municipal charges. And then of course, you will also be paying income tax. If you consider all that, your actual realization will be 2% or less of the property value,. meaning effectively what will be left with you, maybe two lakh rupee or their bonds.
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