To book or not to book a Flat in Rajarhat that’s undergoing construction? Is this the dilemma you are experiencing in own home buying journey?
Well, to say in real-time, for home-buyers, a property under construction does appear as one apt deal, given to aspects like:
Real estate houses usually offer homes under construction at a most competitive & affordable price range in comparison to move-in apartments
If availing home loan for an under-construction property, you gain spontaneous tax deductions upon yearly interest rate (up to Rs 2 lakhs) & the principal amount (up to Rs 1.5 lakhs) respectively – as per Section 80C of our Income Tax Act
As a rule of thumb, 5% stays
