Over the years, home loan procedure has gone through tremendous change with increasing competition among public and private Banks and Housing Finance Corporations. Many lenders may offer you freebies and entice you to take home loan from them. However, you should be aware of theirs tactics. You will be better prepared to handle your home […]
Home Loan Procedure | How to get Home Loan? | Process Read More »
Do you know a home loan can help you in real wealth creation? It not only helps you in buying your dream home at today’s price but also helps you in saving lakhs of rupees through home loan tax benefit. A home loan is the best tool to cut down your tax liability drastically. You
Home Loan Tax Benefit – Guide to Tax Benefit on Home Loan for 2017-18 Read More »
CHECKLIST Documents Required for Home Loan by All Applicants Application Form – Duly filled and signed form along with 2 passport size photographs. Identity Proof – Copy of Voter’s ID/ Passport/ Driving License/ PAN Card/ Aadhar Card. Residence Address Proof – Copy of Telephone Bill/ Electricity Bill/ Gas Bill/ Rent Agreement/ Property Tax Receipt/ Passport/
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Effective Date: Latest Circle Rates in Delhi are effective from 23 Sep 2014. Lt. Governor of the National Capital Territory of Delhi revised and notified, the minimum rates (circle rates in delhi) on 22 Sep 2014 to be effective from 23 Sep 2014. These rates shall be taken into consideration for registration of instruments relating
Circle Rates in Delhi – Latest Read More »
What is House Rent Allowance? House Rent Allowance (HRA) is the salary allowance given by an organization to the employee to meet the expenses related to renting a house for residential purposes. House Rent Allowance is taxable under head “Income from Salaries” after deducting HRA exemption under section 10 (13A) of Income Tax Act. Therefore,
House Rent Allowance – HRA Calculation & Exemption Rules Read More »
Did you check your CIBIL report recently and were shocked to see a low score? Now perhaps you are wondering, How to Improve CIBIL Score? Well you are not alone in this boat. Many of us unknowingly build a bad credit rating over time. But you don’t have to worry because a credit score is
How to improve CIBIL Score? | 8 Tips to increase CIBIL Score Read More »
NRIs and HNIs are taking a cautious approach before investing in Indian Real Estate market. They are waiting for RERA implementation and other regulations to set in before taking any investment decision. Meanwhile, there are other healthy property investment options available across various countries. In this interview with Team AY, Mona Jalota (Director – International
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Are you planning to buy a home? Are you falling short of funds even after considering the maximum individual home loan you can get? A joint home loan can be the answer for you. It not only increases your home loan eligibility but also offers tax advantages. But before jumping on it, you should know
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There is no confusion that everyone wants to buy home. However, when you start your home search you will be faced with the dilemma – whether to go for an Under Construction or Ready to Move property. Buying a home is a long term commitment, so it is in your own interest that you spend
Under Construction or Ready to Move Property? Read More »
There can be many reasons for you to buy a second home that may include using it as a holiday home, gaining rental income, using it as an investment for capital appreciation or diversifying your investment portfolio. Whatever is the reason, you may have to take a home loan to fund your second house. Therefore,
Income Tax Benefit on Second Home Loan – Complete Guide Read More »