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Home > Forum > Delhi > Real estate News > Government is encouraging people to buy 2nd house

Government is encouraging people to buy 2nd house

Q: Why all of a sudden Government is encouraging people to invest in more than one house??

delhi
real estate news
investment in delhi
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Replies (4)
1
So it seems government want people to buy real estate....not surprising that bubble burst is far far away!
Yogesh Kumar


2
Is it true for 3rd home loan also? can u claim entire interest amount paid?
Akash Kanojia


i feel people shouldn't be given any benefit on 2nd, 3rd house.
Jackie,  
23rd July 2013


3
For 2nd home loan, u can claim entire interest amount u paid (no limit of 1.5 lakhs).
and principle u can use it under 80c if ur first home loan principle has not consumed it already.
Supratim


4
Yes that true. Government is coming up with new ideas for encouraging 2nd homes. Only question is what about home loans? there are increasing the interest also , then how can they just predict
Pramela


5

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