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Scaling up retail housing
25 October 2017

Scaling up retail housing

Vinay Sah, MD & CEO of LIC Housing Finance tells about the developments augmenting growth in the housing sector


I live in a co-operative society. Can I obtain loan against my property?
20 October 2017

I live in a co-operative society. Can I obtain loan against my property?

Ordinarily, loan against property can
 be obtained against any property that you own


How can I use the sale proceeds in a tax efficient manner?
16 October 2017

How can I use the sale proceeds in a tax efficient manner?

The sale proceeds of a house attract capital gains tax, which is the tax that you need to pay on the gains


Is it possible to transfer a house without transferring the home loan?
04 October 2017

Is it possible to transfer a house without transferring the home loan?

No, you will not be able to transfer the property in your daughter’s name till you fully pay off the home loan


If I take a second home loan, can I get tax benefit on both loans?
04 October 2017

If I take a second home loan, can I get tax benefit on both loans?

Yes, you can get tax deduction benefits on more than one home loan taken in one financial year to buy a property


Can I take two separate home loans at the same time for two different flats?
21 September 2017

Can I take two separate home loans at the same time for two different flats?

You can borrow from the same lender to fund your dreams to buy two homes


Can I take home loan from a relative? Can I still claim the tax benefits?
20 September 2017

Can I take home loan from a relative? Can I still claim the tax benefits?

Under Section 24 of the Income Tax Act, 1961, tax deduction benefits will be available only on the interest paid


What will happen to the loan if the property goes under some legal dispute?
17 September 2017

What will happen to the loan if the property goes under some legal dispute?

As a buyer, you are responsible for checking on the property title or the possibilities of a delay in construction


How can I claim the tax benefit on home loans?
11 September 2017

How can I claim the tax benefit on home loans?

Normally, any sum paid towards repayment of principal amount of housing loan is allowed as a deduction