By Kapildeo Singh 

IN the world of investing, your home is considered to be the most illiquid investment. After all, you cannot sell it on a whim -- simply because it's probably where you live!

But Rohit Jain, 35, who owns and manages a small catering business in a Mumbai suburb, turned this illiquid investment into great value-for-money – while still living in it! Rohit feels that this is the best decision he has ever made.

Rohit, who is married and has a three-year old child, always wanted to own his own restaurant, someday. He had a business plan but no funds. So, he approached a private bank for a business loan.

It so happened that Rohit bought his flat sans taking a bank loan. On seeing this, the loan advisor suggested that Rohit could go for a loan against his property because this would be a cheaper option than a business loan. One year down the line, Rohit is successfully running his restaurant and is planning to expand his business after repaying this loan!

Picture is for representational purposes only.

Photograph: stock.xchnge