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Investing in residential properties brings a lot of tax benefits to investors. If you are not aware of the tax benefits that await you, this blog is just what you need to read. So without further ado, let us break down and understand the tax benefits of investing in properties.  Section 80C Under this section, the amount you pay for repaying your home loan’s principal amount is allowed to be claimed for a tax deduction. You could claim deductions for the investments you have made for earning an income. Currently, the maximum deduction you could avail of is Rs.1,50,000. The tax benefit would be granted only post the completion of the construction of the property in Navi Mumbai or anywhere else and after receipt of the completion certificate. This section also allows deduction of the interest paid on account of the home loan if the loan is taken for renovating or extending a house. Again, the benefit would be granted after the construction is completed. Section 24B

Buying a house of your own is a dream for every Indian. While some manage to realise this dream sooner rather than later, some of us have to wait for long to transform this dream into reality. The reasons for this could be manifold - high property prices, lack of quality residential projects in our preferred location, etc. These problems are faced by property buyers almost everywhere in India. However, if there's one city where all these problems cease to exist, then it is Navi Mumbai. If you are looking to buy your dream house, then Navi Mumbai is the place for you! But why? Well, read on to find out why you should buy a property in Navi Mumbai . Quality of life The standard of living in Navi Mumbai is extremely high. The city ranks high on various parameters that determine how good or bad a city is for habitation. Navi Mumbai is one of India's cleanest cities and is constantly ranked among the top 10 cities in the country on various cleanliness parameters.  T