In most cases, the mortgage interest (and property tax) may be itemized and deducted from your taxable income, lowering your overall tax bill. This can make your after-tax cost of home ownership lower than renting. However, there may be tax implications if you later sell the home at a profit. 
As per Section 24(b) of the Income Tax Act, you are allowed separate deductions on principal and interest amount of home loan amount, along with other entities like ULIP, PF, PPF, ELSS, and NSCs.
In the case of principal, you can claim a deduction up to Rs 1.5 lakhs while in the case of interest, it is Rs 2 lakhs. Stamp duty & registration fees forms part of the cost of the asset and eligible for deduction only in the year of sale.
Please consult your tax adviser regarding interest deductibility.

The buyer needs to pay the following taxes: 
1. TDS or tax deduction at source on the amount exceeding Rs 50 lakhs for the purchase of property excluding agricultural land.

2.Stamp duty and registration fees calculated against the principle amount

3. GST – Applicable if the property is being purchased from the builder who conceived and constructed the project before offering possession to the buyer. If a ready to move in property is purchased from the seller, GST is not applicable.

Property is considered a capital asset and Capital Gains Tax is levied on the gains arising from the sale of the property. Such gains are calculated after adjusting the inflation rate, transfer, any expenses incurred in improving the cost of the asset and the expenses incurred in connection with sale such as commission to broker, etc.

Yes, we work with a variety of lenders to provide our clients with financing options that best suit their needs.

Yes, we take care of all legal formalities and ensure that the property is transferred to the client in a smooth and timely manner.

The Confederation of Real Estate Developers’ Association of India (CREDAI) is an association formed by developers and builders in India for self-regulating the business of Real-estate Development. CREDAI has more than 8500 member developers and builders through 112 member associations with representation in all the major cities and states of the country

RERA stands for Real Estate Regulatory Authority that came into existence after the Real Estate (Regulation and Development) Act, 2016. The Act aims to protect home purchasers and also boost real estate investments. The bill of this Parliament of India Act was passed on 10 March 2016 by the Upper House (Rajya Sabha).