4 Steps to Claim Interest on Home Loan Deduction

Its that time of the year! Come July 31st we all have to file our income tax returns. As a homeowner paying monthly EMIs for a home loan, knowing few things will bring in significant tax savings. Read on to find our what they are! Section 24 of the Income Tax Act lets homeowners claim a deduction Rs.2,00,000 on their home loan…

How RR Housing customers can benefit from 2019 Budget

Its that time of the year again! Yes we are talking about our union budget which was announced day before yesterday . Our FM Mrs Nirmala Sitharaman has announced several sops to boost the sluggish housing sector in our country. These sops will benefit not only First time homebuyers but also second home buyers and also realty firms like ours…

RBI Repo rate cut – Great news for Mortgage Borrowers!

Recently RBI cut repo rate from 6.5% to 6.25% cutting the rate effectively by 25 basis points. According to industry experts, this rate cut might get passed on to the customers by banks, which will translate into lower monthly installments for a car loan, personal loan or home loan. Interest rates of home loans are currently dependent on the…

Effect of election results in real estate

Now that the elections are over and the results are out its time to assess the impact it has on the economy in general and real estate sector in particular A new government with a clear majority raised optimism in 2014 Nearly 0.54 million units launched in the year and nearly 0.34 million units sold – previous year saw launch of…

Housing for all by 2022

Sekhar and shilpa just got married in a tier 2 town of Tamil Nadu. All these years upto the marriage they never thought of buying a home for themselves. They both lived with their respective parents happily. But then everything changed after the marriage. The compatibility of the couple with the parents became an issue. So the new couple decided…

Is Affordable housing the way to go ?

As the economic index of the country rises, so does the parity of income levels amongst people. This uneven income parities lead to initial struggle between the haves and the have nots. Nevertheless it raises a lot of challenge with the city planners to provide affordable and sustainable housing to all. This poses a lot of challenge when population starts…

Gated Community is the new housing mantra in coimbatore

Gated community is the housing mantra for new home buyers Coimbatore has long been a laid back town with beautiful landscapes of the western ghats and close proximity to popular hill stations. But all that has changed in the last few years with more people thronging to settle in the manchester of the south india. An average 2 BHK now…

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