Chapter 01 Are you ready to buy a house?
Chapter 02 Top Tips for first time home buyers
Chapter 03 Axis Bank EMI Waiver vs ICICI Banks
Chapter 04 GST impact on the realty sector
Chapter 05 How to buy a home that delivers long-term ROI?
Chapter 06Is it constitutional to apply RERA?
Chapter 07How will GST and TDS impact rental income?
Chapter 08Income Tax Benefits on Rent Paid
Chapter 09Griha pravesh tips for your new house
Chapter 10 How to choose the right colours for your home?
Chapter 11 What is Carpet Area, Built-Up Area?
Chapter 12 How carpet area definition changes?
Chapter 13 Vastu Tips For Bedroom
Chapter 14 Can an NRI purchase or own a property?
Chapter 15 State Draft Rules Of RERA By State Wise:
Chapter 16 RERA Act is Real Estate
Chapter 17 Hike in Guidance Value may hit flat buyers
Finally, You have decided to buy a property. Wait for while and check these tips, Are you capable of buying with no future hurdles in your life. What is your precaution to avoid problems in comfortable life with the step you took? Please read below tips to know more.
What is your main strategy to pay for your futurehome? If you are willing to pay the money by your savings, have you taken care that is it really worthy doing it. Because if you already living a comfortable life as the amount of your incomes is better than your needs. What happens to your lifestyle when you invest it somewhere? If the answer is "no changes" than it is better to move on. If it is something fishy, than there are many loan programs by banks that will not affect your lifestyle and helps to you buy property with well future plans.
If you applied for loan than the things to be taken care are
The House taken by loan has some tax benefits that may help with your tax calculation for your home planning. As per present rules the amount of interest paid in loan can be exempted in yearly tax upto 2 lakhs. And the loans you paid has exemption in tax upto by 1.5 lakhs. These rules are not permanent and can change with time but in present status these are some relief point for investing with home loans.
Before buying have a perfect thought about steadiness of your job. The salary you are getting is directly had effect on your life. If you are willing to pay the loan in long-terms, then don't retire before fulfillment of loan. But many people prefer to pay the loans as soon as possible. Because as time changes the interest amount to be paid is also changes. So it is better to keep in mind the type of your job and growth.
The demand for real-estate is not constant at any time. In recession the first one get affects is real-estate. So take some precaution with the amount of money you want to invest, the payment plan and the extra expenses when you own home.
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