Finances are the first step towards real estate investment, be it home buying or home building. However, a common confusion for home finance borrowers are the terms home loan and home construction loan. ๏ปฟ … READ FULL STORY
Until a few decades ago, Indians were generally averse to taking loans to buy or construct their homes and would use their retirement funds for the same. However, with increasing urbanisation, easy availability of … READ FULL STORY
There is no restriction on the number of properties you can own. Similarly, there is no restriction on the number of houses for which you can take home loans and claim tax benefits, either … READ FULL STORY
When it comes to taking a home loan, borrowers have to consider numerous options โ different interest rates offered by various banks (which may be fixed rate, floating rate, or semi-fixed rate), in addition … READ FULL STORY
There are a number of income tax provisions, which link the benefits with the time taken to complete the construction of oneโs property. Deductions pertaining to repayment of the principal component of a housing … READ FULL STORY
Often people pick booking under-construction properties over ready houses because of their lower rates. However, they do so without realising the risks involved; both, the income tax and financial implications. This feature deals with … READ FULL STORY
