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Real Estate Forum on Pre-approved Loan

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Q: What is a pre-approved loan? How can we apply for it and what are the documents required?

Latest Answer: Hi, I had taken a bank loan for a under construction house in Nov 2008. I've taken the possession in Feb 2014. I had read somewhere that you can declare the curiosity for the pre-possession interval in next 5 years to the tune of 1.50 lacs each yr? Also under which Section this is allowed?
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