PropBeans

1 Residential Flat in Terra Heritage, Bhiwadi for Re-sale
Specifications:
Terra Heritage Located on 4 Lane Mega Highway (200 ft wide Alwar Bypass Road)
Total Land - 35 Acres, Phase - I - Launched in 12 Acres
Ground + 14 Stories Towers.
More than 80% open area.
Beautifully landscaped Gardens
Grand entrance with Water Bodies
Ultra-Modern Club and Swimming Pool
Gym, Jogging Tracks, Basketball and Badminton Courts
24 - hours Power backup..
Interested , please log on to propbeans.com

JointHomeLoan

Why not go for Joint Home Loans and avail more benefits than taking the burden all alone and feeling stressed out?

You just need a co-borrower (be it any of your parents, wife, sibling) to apply jointly. Banks would also appreciate it by increasing the eligibility of the home loan, as two persons means more repaying capacity. The benefits are also many in number.

A co-borrower may not be a co-owner; and it is not necessary for a co-owner to be a co-borrower.

The documents which are important are same as any normal individual home loans - address proof, identity proof, bank statements and salary slips. The only difference is that the proofs of both applicants would be required.

The best part is that both applicants can avail tax exemption benefits!
In an earlier post, we said that a citizen can claim tax benefit upto 1,00,000 INR of principal amount of the loan (according to section 80C of income tax act), and upto 1,500,000 INR (according to section 24 of income tax act). Hence, applicant as well as co-applicant can avail the tax return benefits. Isn't this beneficial if the two applicants are from the same household?

Last comes the Repayment - It is the duty of both borrowers to repay the loan. They can create a joint account as well to make the necessary payments.

Residential property sales likely to improve in 6-12 months: Survey

MUMBAI: Real estate purchase sentiment index has improved by almost 2.5 points to 32.3 in September this year reflecting an improvement in consumer interest after a long period of lull, says a survey.

According to ZyFin Research, the index improved by 2.5 points to 32.5 compared to 29.8 in August, suggesting a recovery in consumer interest after the score bottomed out in April this year.

"This improvement in the overall index signifies that a larger number of Indian consumers are planning to purchase homes within the next 6-12 months," ZyFin Research Chief Economist Debopam Chaudhuri said.

According to the survey of 4,000 consumers in 18 cities across the country representing urban consumers, the improvement was led by stronger confidence levels in the north and south India compared to those in the east and west.

While the index in the north rose to 44.8 in September from 40.2 in the previous month, in the south, the score increased to 40.5 from 36.4.

The index is at its lowest in the east at 20.7, but this is also an improvement over the previous month's score of 19.1. The west registered a score of 27.5 in September, as compared to 26.7 in August.

"Historically, the sentiment index has had a strong correlation with actual sales of homes. With the festive season coinciding with the recovery in sentiment, home sales are expected to be better this season, as compared to 2012 or 2013," Chaudhuri said.

Of the 18 cities surveyed, Delhi, Bengaluru, Hyderabad, Mumbai and Mangalore hold an optimistic outlook on purchasing homes, the survey highlighted.

Read more at:

http://economictimes.indiatimes.com/articleshow/44837905.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst