Tax rebate on property loans means that you can save significant part of your tax liability if you have taken a home loan. You can find all type of details relating to tax rebate in portals and how the process is undertaken and points to be noted. This information is very helpful and should be aware of the details. Loan for construction purposes on the Properties in Tripunithura basically means that once you have purchased the home and now you want finance to undergo construction or expand your house. It may include any type of construction you want to undertake like constructing more rooms or you have a plot and you want to build your home there. Finance Companies offer home loan for all types of home construction and at a low interest rate. Indians easily get bored with things soon and we need a change now and then. Change is the only thing that is permanent. Renovation of home after few years is much desired to suit the latest style and technologies. Loan for home renovation is chiefly taken to carry out civil work like plumbing or modifying up the kitchen or painting of the house. You cannot take a renovation loan if you want to undertake furniture work. Furniture work or woodwork doesn't fall under the category of civil work so you cannot take loan for this. If you do not have finance to give your home a new look then there are many home finance companies that offer loan for home renovation and at a low interest rate. In some portals you will find details of home renovation loan and websites of banks offering loan for renovating your property.
EMI Calculator helps you to calculate your interest rate on the amount you require as a loan and then you need to mention the years for which you want to take the loan. You also need to mention whether you will pay through monthly installments or yearly installments. All details regarding EMI Calculator is available on some real estate websites. Most banks are not flush with funds at a time when major companies are corporate get a negative feedback from Foreign Institutional Investors (FIIs).
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09-12-2008, 09:35 AM #1
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