Trending Now
- Action should be taken against the cops who protect the Ganja accused in TN : PMK leader Anbumani Ramdoss
- Votes that go to Congress or INDI alliance is a waste : PM Modi
- Court grants one-day custody to police to investigate Youtuber Savukku Shankar.
- We actually got our independence only in 2014. The independence to change this country as it should be : Actor , politician, Kangana Ranaut
Real Estate
Good news for first time home buyers!
May 21, 2016
There is good news for first time home buyers as the finance minister has introduced Rs.50,000 additional deduction in the budget 2016.
Those who are first time home buyers will get a relief of Rs.50,000 on interest given for loan upto Rs 35 lakhs. The point which is to be noted is, the cost of the house should not be more than Rs.50 lakhs.
This step is a much awaited step in the real estate sector and especially for the affordable home buyers.
If, we see the last years units then, the cost of housing units have increased much over the recent years and with the help of giving relief to first time home buyers, this will boost the reality sector to some level.
