Tax Benefits of Investing in a Residential Property
To help you understand the implications of recent reforms and more, we are back with our knowledge series ‘Realtyism’, which will empower you for your property investments. ‘Realtyism’ powered by House of Hiranandani is an initiative to educate people about the nuances of real estate. Here’s our fifth video in the series, which talks about Tax benefits of investing in a residential property.
Real estate investment is a big financial decision. Hence, to relieve you from the heavy financial burden, the government is offering a few property investment tax benefits on a home loan.
As per the Income Tax Act, each earning individual who purchases a property is entitled to some tax benefits under sections 24B, 80C and 71. This video will help you understand the complex subject of tax benefits while investing in a residential property. Watch Mr. G.S. Lodha – Director, Corporate Affairs, House of Hiranandani talk about the property investment tax benefits you can get from your real estate investment and how you can invest in a smart way.