Home loans can help fund your investment while providing tax benefits.
- Compare interest rates and processing fees from banks and NBFCs.
- Opt for a repayment tenure that balances monthly EMIs with affordability.
- Under Section 80C of the Income Tax Act, you can claim deductions on principal repayment, while Section 24(b) allows deductions on interest paid.
Leveraging home loans effectively reduces the financial burden of real estate investment.