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A
housing loan provides substantial benfits
other than providing for your immediate
cash crunch.The income tax is deduction
is an amount equivalent to the total interest
payable on the housing loan from your taxable
income within the same financial year. The
deductions was offered at Rs 15000 and at
present it has enhanced to 1.5 lakhs.The
pie does not end here,20% rebate on repayment
of principal during a financial year. Over
the years the rebate has been enhanced from
Rs 10000 to the current limit of Rs20000
stamp duty, registration fee or other such
expenses paid for |
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purpose of transfer of such house property to
the assessee is also considered under this amount.
Seeing the benefits of taking a home , it is up
to you to be wise enough to take advantage of
this opportunity. We on our part are approved
by several leading bankers like ICICI, HDFC….
to offer you loans through attractive schemes.
The following points are considered before
providing a loan:-
Details of approved plan have been displayed
at the site.
The flat has been constructed as per the approved
plan.
The promoter/power of attorney has a right to
transfer the undivided shares of land.
Verify whether the entire undivided shares of
land have been transferred by the land owner/promoter/power
of attorney to you.
The completion certificate issued by the CMDA
has been obtained after the completion of the
building. |
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