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Taking a home loan vs. Using own fundsShe discussed the idea with her close friend Ashwath, who suggested she put the inheritance in a fixed deposit and get a home loan, as she could avail tax benefits for her income. Suchitra decided to mull over this and do her research on the subject. Suchitra had always been waiting for a golden opportunity to buy her dream home and had started saving pretty early for this, `to be treasured moment' in her life. She meant to take a home loan, when she had saved enough funds for her down payment. One morning, out of the blue, she got a call from the law firm of her grand aunt who had recently passed away in the ripe old age of 90.
How False Ceilings Can Make Your Home Look Truly BeaA look at what a false ceiling is and what its advantages and disadvantages are.
Know Your Tax Benefits As A HomebuyerMakaanIQ talks about the tax benefits you can avail of on a home loan.
SC Asks Jaypee To Deposit Rs 600 Cr; Buyers Demand NOn July 4, the SC pronounced some relief to the ailing company and offered a concession. Jaypee will now have to pay Rs 600 crore to refund homebuyers post which the apex court has assured that it would ask the National Company Law Tribunal at Allahabad to expedite the case and decide on revival or restructuring.
Popular Housing Schemes In IndiaFor a country like India where population and inflation have faded common man's dream of owning a home, few government-sponsored housing schemes are a big respite. The Central government in India is running a number of housing schemes to provide shelter and basic amenities to the homeless poor in urban and rural areas. Check out a few popular housing schemes and policies.