Q:Hi there friend..I am really interested to buy a residential property in Kochi at least by next year. This is the first time I am buying a property, so I need some detailed information about how to buy property in Kochi. Especially, I need details about tax benefits on home loans as well as other relevant details if possible.
Latest Answer: I can give you some circumstances under which you can get the tax benefits. You know, if you are living in your own house, or if your house is under construction, if your house is far-off or even if the house is on rent, one thing is that as long as the loan seeker is paying the rent, he or she can avail the tax benefits.