Why Alphazee Home Loans?
If you are currently paying rent for a house, you can take a Home loan to use the amount of rent to create an asset for yourself. You might want to consider taking a Home Loan so that you can: Get Income tax benefits With a Home Loan, you are eligible for certain tax benefits on principal (Sec 88) and interest (Sec 24) components of the loan under the Income Tax Act, 1961.Even if your installment is more than what you pay for rent, the potential overall tax savings can make owning less expensive than renting. Acquire an asset which can appreciate Unlike some of the other assets like cars and other durables, a house does not generally depreciate in value. While there are no guarantees that your home will appreciate in value, it’s true that real estate can be a good investment over the long haul. Depending on market conditions and how long you own your home, you could very well make a profit. Build equity As you pay down a Home-Loan, you build equity, or value, in your home. Like jewelle
