If you are planning to buy a house this year, take all the time you need.

The Commonwealth Games Village luxury apartments are ready and Emaar MGF, the developer, has begun handing them over to DDA.

The residential project on the banks of river Yamuna will house athletes and officials for the Games that will be held from October 3 to 14, 2010.

South Delhi epitomizes class and traditional chaos in equal measure

Homebuyers need to plan their finances before they go in for a housing loan,

Buying a housing property is a very big financial commitment on the personal front. Attractive and aggressive home loan schemes coupled with tax incentives has made it easier for younger people to invest in housing properties. Buying a housing property and financing it through home loan has many benefits; however it requires a certain amount of financial planning on the individual's part in order to make the process easier throughout the loan tenure.

Cyclic trends in interest rates   

Currently, under the Income Tax Act, 1961 (the ‘Act’), an individual can claim a deduction for interest paid on housing loan for a self-occupied housing property for up to Rs 1.5 lakh in a financial year subject to the fulfillment of certain conditions. Furthermore, a deduction may also be claimed up to Rs 1 lakh for repayment of principal amount of the housing loan.