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prettymuch1192 · 1 month
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Investing in real estate at the financial year's start with Sankla Buildcoon offers strategic financial advantages. By investing early, you can maximize tax benefits, such as deductions on home loan interest and principal repayment under sections 24(b) and 80C of the Income Tax Act. Additionally, property prices tend to rise, so early investment can yield significant capital appreciation. Sankla Buildcoon ensures quality construction, prime locations, and timely project delivery, enhancing the value of your investment. Seize the opportunity to grow your wealth and secure your future with Sankla Buildcoon's trusted real estate projects.
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prettymuch1192 · 24 days
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Why should you invest in real estate at the start of the financial year?
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There is no denying the fact that real estate investments are wealth creators. Add to it the fact that they can generate regular income via rents and hedge against inflation, every individual should consider investing in property. If you have made up your mind about buying a house, then here are some reasons why you should plan it at the start of the coming financial year.
Tax benefits: When you buy a house by availing of a home loan, you get various tax benefits. These include tax deductions for repaying the principal and interest of the home loan, buying a house under the affordable housing category, and additional deduction of the interest paid on the home loan for first-time homebuyers. Buying a house at the start of the financial year allows you to plan your taxes and get the maximum tax benefits on your loan repayments.
Market conditions: Usually, at the turn of the financial year, markets are favorable for real estate investments. Traditionally, this is a time when the prices are not peaking and buyers have options to choose from. Make sure that you research the market and talk to a professional to assess market conditions before making the purchase.
Planning and budgeting: When you buy a house at the start of the financial year, you get adequate time to budget for the year ahead. April is the month when most people lay out investment and tax-saving goals. Buying a house takes care of both these needs and helps you generate wealth over time.
Availability of loans: In the new financial year, many lending institutions have renewed annual budgets and are looking for borrowers to offer loans to. Hence, it can be a good time to get a home loan at favorable rates and terms.
If you are looking to invest in real estate in Pune, then you will be overwhelmed with the number of options available. Before making your decision, ensure that you research the market and talk to an experienced professional. There are numerous factors that you must consider before buying a house. This includes the quality of construction, location, amenities, and reputation of the developer. In Pune, Sankla Buildcoon is a name synonymous with high-quality and top-class constructions.
To know more continue reading the blog : Why should you invest in real estate at the start of the financial year?
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prettymuch1192 · 12 days
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To decide your home loan EMI based on your income with Sankla Buildcoon, start by calculating your total monthly income, including all sources. Next, determine your monthly expenses to understand your financial commitments. Financial experts recommend that your EMI should not exceed 40-50% of your monthly income. Use online EMI calculators to estimate the EMI for different loan amounts, interest rates, and tenures. Ensure you have a good credit score to secure better interest rates. Consider your future financial goals and maintain sufficient savings for emergencies. This careful planning ensures a manageable EMI, aligning with your financial stability and goals.
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