Home owners constitute a major section of the tax payers. Consequently, there is a need to have a separate tax deduction, for the repayment of home loans taken for the purchase or construction of … READ FULL STORY
There are certain income tax benefits, associated with money borrowed for the purchase or construction of a house. At present, the income tax laws provide benefits on interest payments and repayment of the principal … READ FULL STORY
Ramnik Sharma, an IT professional, wanted to buy an apartment in an affordable housing project, at Rajajinagar, in Bengaluru. Sharma found everything to his liking – the apartment, its location, construction, delivery timelines and … READ FULL STORY
Faced with budget constraints to pay additional PLC (preferential location charges), Gaurav Chaudhary, a home buyer from Noida Extension, asked the developer to show him an apartment that does not have a location-view advantage. … READ FULL STORY
In a consumer case filed with the district consumer forum of Noida, an aggrieved home buyer has demanded a refund of the amount collected towards additional loading over the carpet area paid to the … READ FULL STORY
The central government introduced the reverse mortgage scheme in 2008. Under the scheme, senior citizens were provided with a facility to get money, in the form of monthly or lump-sum payments, or a combination … READ FULL STORY
