Today, which have expanding goals and you may group, most people are looking at to acquire their second house. And now is perhaps the optimum time while the residential rates have fixed because the level in the course of the COVID-19 pandemic. Also, many builders have to offer positives such as for instance totally free vehicle parking space, totally free appliances for the home, waiver regarding stamp obligations charge, etc. Along with, a home loan to suit your second residence is available today in the a competitive interest rate, hence sweetens the deal.

You’ll find income tax benefits of choosing out of an additional financial. The main portion of your Home loan EMIs can be said once the a beneficial deduction to Rs step one.fifty lakh for each and every financial season under Part 80C of the Money Tax Act, 1961. Continue reading →