Earning a pension with the help of your home is a fairly new concept. Let us take the example of Mrs. Palekar to show how a home can earn you a pension. Mrs. Palekar belongs to a well-to-do family and has two sons settled in the U.S. She has a home to live in and also has a sum of Rs. 50 lakh saved in the form of a fixed deposit. Every month, Mrs. Palekar earns a sum of around Rs. 30,000 from her fixed deposits in the form of interest which takes...
