FAQ – BDC Projects

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Constructing a house yourself is better than buying a ready- made one, because we can build our home to suit our own taste, budget and of course in good quality. If you go for a ready- made one, it is constructed according to the owner's taste, budget, their location preference and family needs.
Yes, you will get a home loan for constructing a house, just as you would for buying an apartment or a villa. you can apply for a home loan from any leading bank in two ways - either before purchasing the property to construct the house OR after you purchase a plot in your name - depending upon what stage you are in
Yes, your home loans are eligible for tax benefits. The principal and the interest components of the loan are eligible for income tax deductions under section 80c and 24 respectively of the Indian Income Tax Act
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