A person buy a property, gains a status but has to shoulder a lot of responsibilities also. Taking accommodation on rent (which gives the landlord an assured sum but does not make him rich) means a hassle-free life in many ways.
As a matter of fact to buy property in India makes a dual gain. Firstly, the cost of property so bought increases with the pace of time. Secondly, when it is rented out, it adds to the extra earning of the person who bought it. Most of the people insist to buy such a property in India which may be rented / leased out to create an easy source of income. In other words, we may say that if a person wants to earn more rental income, he should buy property in India.
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