Latest Answer: Hi,
To get best property please post your requirement here Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.
Latest Answer: Hey i think..you should personally discuss the home loan approvals with the builder. You can also visit nearest reputed banks for more details.
Latest Answer: Hii Rajeev
If you want to apply for the mortgage loan than there are some documents you must have for approval. Here is a list of common documents
1 Recent photograph
2 Address Proof
3 Identity Proof
4 Signature Proof
5 Income Proof
6 ITR
7 Require Bank Statements
These are the basic documents require by any financial institutions. Various financial institutions i.e, Fullerton India provide mortgage loan with low interest rate, minimal documentation with exciting offers.
Latest Answer: Hi Ayesha, under the Income Tax Act, 1961, you are eligible to get the tax benefit. The tax benefits will be based on the principal and interest components of the loan. But, make sure to check the current tax benefits available, as it varies each year.
Latest Answer: Hi David..The tax benefits are seperately available for the interest component as well as principal component of the housing loans consumers. It is available for both consumers who have taken a loan to either buy or build a house. According to Income Tax Act, the upper limit of the interest payment deduction is at Rs. 1, 50,000 per annum. The amount should have been borrowed on or after April 1, 1999 to acquire or construct a residential property and it the acquisition or construction should be done within 3 years. The section 80C also allows tax benefits on principal repayments.