Earl Newell 0 Comments 49 Views
Home Loan + Tax Benefits When you buy property through a home loan, you get tax deductions under: Section 80C – for principal repayment (up to ₹1.5 lakh/year) Section 24(b) – for interest paid (up to ₹2 lakh/year) PMAY subsidy (if eligible under the Pradhan Mantri Awas Yojana)
Owning a home or land gives you:
A sense of stability and pride
Freedom from rent and landlord issues
A valuable asset you can pass on to future generations
📝 Tip: Once you repay your home loan, your monthly expenses reduce drastically compared to renters.
Real estate usually grows in value over time, especially in:
Developing cities (like Warangal, Vizag, Tier-2 & 3 towns)
Areas with good infrastructure (metro, roads, schools, IT hubs)
For example, plots purchased 5 years ago in the outskirts of Hyderabad have increased in value by 50–100% in some areas.
Buyers can rent out their:
Flats or villas (residential income)
Shops or offices (commercial income)
Land for farming or warehousing (industrial/agri rentals)
You earn monthly passive income while your property value keeps growing.
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