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Section 80C

Tax saving via Home loan

As the financial year draws to a close, a lot of people feel stressed due to the final tax assessment for the year. It needs to be noted on this point that owning a home is not only a dream realization, but home loans are also wonderful tax saving instruments. Individuals having home loans are […]

Loan facts

Buying an under construction property? Here are some loan facts

Have you invested in an under-construction property and taken a loan amount for the investment? Well, here are few facts which you should know before investing in an under-construction property. Most of the under-construction properties estimate about 20 percent less when compared to the prevailing rates in the locality. While many prospective buyers are willing […]

Tax benefits from an under construction home

Taking a home loan for an under construction apartment is quite beneficial as the customer can avail the deferred deduction on the interest payable during the pre-construction period. The loan seeker can avail the entire amount as deduction in equal installments starting from the financial year up to five years and till the construction is […]

Income tax benefit of a housing loan: Section 24

What is a home loan? A home loan or mortgage is nothing but the funding for a new home by any bank or a financial institution. Banks disburse loan to the home owner/loan seeker who meet the specified criteria. Basically a home loan is divided into two parts – the principle payment and the payment of interest. […]

Factors To Consider Before Buying A Plot

Eyeing healthy returns on investment? It has been a well-known fact that plots score better over other property types in terms of returns. Thus, if you can manage to strike a good or rather ‘safe’ deal, buying a plot can be a rewarding purchase considering that rising property prices. But before you finally take that […]

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