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Real Estate Forum on Ready To Occupy Property

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Which is the better options in Mumbai, ready-to-occupy or under construction property?
Latest Answer: In spite of these facts, tax breaks always play a major role in real estate investment. If you are looking for tax savings to plan your finances better, go for a ready-to-move in property. According to Section 80C of the Income Tax Act, the principal of Rs 1.5 lakh paid is deducted from income. The interest paid too is eligible for deduction up to Rs. 2 lakh. These rewards take off only after a home is in your possession. So, ready-to-move proves to be a good investment option.
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Q: If you are looking for ready-to-move property then Andheri West would be the right destination.
Latest Answer: Hi all, The current residential property rate in Andheri (East) is going on Rs. 17250/sq-ft. whereas in the Andheri West slightly higher, it is Rs. 22450/sq-ft. But remember on thing that the values may vary depending on the location infrastructure, amenities, facilities and other related issues.
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