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Real estate was going to be my suggestion, but I don't know anything about the situation in India.

I rent my parents' house in a medium-sized midwest US city; I get around $650/month after property management expenses. After taxes, insurance, maintenance expenses, and the occasional empty period, I'm not getting anywhere near that out of it. But it is still profitable, passive, and the investment needed to increase my income (in other words, buying more property) would not really be excessive.

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