Page 5 - Bajaj Housing Finance Limited

Claim tax benefits on a second home loan from Bajaj Housing Finance Limited

Growing income levels in India are giving rise to multiple investment options to individuals looking to park some of their disposable income across different asset classes.Apart from investing in the stock markets, gold and mutual funds; real estate seems to be the most preferred asset class in India. An average Indian household invests about 77 percent of their total assets in different forms of real estate like - residential properties, weekend homes, open plots, etc.However, investments also need to be planned to consider one's tax planning exercise, regular income generation, and future security. Taking all this into consideration, one of the most viable investment options comes in the form of purchasing a second home. While the value of the second home will appreciate over time, it can also generate money in the form of rentals, which not only takes care of the maintenance costs but also adds to one's savings. On top of this, buying a second home can also help you get a home loan