{"id":176,"date":"2022-05-04T06:38:57","date_gmt":"2022-05-04T06:38:57","guid":{"rendered":"https:\/\/nbrdevelopers.com\/stage\/blog\/benefits-of-tax-deductions-on-property-investment\/"},"modified":"2024-06-17T05:59:44","modified_gmt":"2024-06-17T05:59:44","slug":"benefits-of-tax-deductions-on-property-investment","status":"publish","type":"post","link":"https:\/\/www.nbrgroup.in\/blog\/benefits-of-tax-deductions-on-property-investment\/","title":{"rendered":"Benefits of Tax Deductions on Property Investment &#8211;"},"content":{"rendered":"<p style=\"text-align: justify;\">Indian buyers are witnessing a whole new era of property investment. Rise of townships, family-friendly locations, insurance options, a brand new lifestyle, gated communities, etc. are some of the factors that are alluring buyers to invest in <a href=\"https:\/\/www.nbrdevelopers.com\/bangalore-projects\/\">property in Bangalore<\/a>. Now buying a holiday home atop a hill station or nearby a beach is no longer a dream! It is attainable.<\/p>\n<p style=\"text-align: justify;\">A major reason why Indian investors are seeking real estate investment is Tax benefits. Mr. Arun Jaitley \u2013 Finance Minister increased the tax deduction limit from Rs. 24,000\/- to Rs. 60,000\/- on housing rent. He also announced a tax relief of Rs. 50,000\/- p.a. on a loan of Rs. 35 lakh in 2016-17 \u2013 for first time home buyers. This is conditional to the fact that the home amount should not exceed Rs. 50 lakh.<\/p>\n<p style=\"text-align: justify;\"><em>Owners receive tax benefits on their home loan amount and processes involved thereon. When you purchase a house, you can also avail of these benefits. Act fast, now!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian buyers are witnessing a whole new era of property investment. Rise of townships, family-friendly locations, insurance options, a brand<\/p>\n","protected":false},"author":1,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Benefits of Tax Deductions on Property Investment - NBR<\/title>\n<meta name=\"description\" content=\"some of the factors that are alluring buyers to invest in property in Bangalore. 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