A beautiful home where you return everyday from work at the end of an exhausting day is surely blissful. Who doesn't wish to have a home of their own that they can decorate tastefully. Sadly the ever increasing population and limited resources have made the prices sky rocketing high. Does that mean the dream of owning a home is really a dream that can't be fulfilled? Fortunately the present era of modern banking and financial services states otherwise. With easy availability of home loans you can definitely turn your dream into reality.

Reputed enterprises like SRG housing provide home loan in Rajasthan and its rural area, loan against property and builder's loan to ease out the stress upto some extent.

The long term and huge amount of home loan may scare you into considering home loans as a very big liability but there are some advantages of opting for a home loan. Of course the prime advantage that a home loan provides is empowering you with the ability to purchase a house even when you do not have sufficient funds. Even young professionals who have just stepped into the working phase of their life can now dream of owning a home thanks to easily available loans. But there are a few other advantages worth considering. Below is a description of few of them:

1. Sense of accomplishment
Buying a home is one of the biggest financial investments you may make in your lifetime; and that's not just because of the sentimental value. The sum that most of us sink into our home does make it the largest component of our investment portfolio.

2. Tax benefit
Section 24(b) of the Income Tax Act 1961 allows a deduction of maximum 2 lakhs towards the interest payable on home loan. Furthermore, as per Section 80 C of Income Tax Act 1961, repayment of principal up to Rs 1.5 lakh on home loan is allowed as deduction from gross total income. In addition to owning a home you shall also save some amount from your tax to be paid.

3. Capital Gain
We all are familiar with the rising prices of property day by day. Property prices are on boom and a little investment today has the capacity to give huge returns in future. This gain or profit is charged to tax in the year in which the transfer of the capital asset takes place. Capital gains are not applicable when an asset is inherited because there is no sale, only a transfer.

A home loan lets you buy property even when you don't have sufficient savings. A wise decision taken today repays some handsome amount in future.
The decision is yours, call SRG Housing Finance Ltd. now and build your dream home soon.