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...I am moving to Gurgaon from Jaipur and want ...

...I am moving to Gurgaon from Jaipur and want to buy my first house in Jaipur which would be ava...

...I am moving to Gurgaon from Jaipur and want to buy my first house in Jaipur which would be available for possession only after 3 years with a home loan of 50 Lakhs, should I take this home loan and what would be the tax benefits I would be enlightened to, considering also that I am living in a different city due to work purpose. As per my knowledge 1.5L on the principal as unlimited on interest as I am not living in the city home is bought. More than that does it makes sense to take that much Home loan as I have all my savings burnt due to some personal unforseen reasons.

...I am moving to Gurgaon from Jaipur and want to buy my first house in Jaipur which would be available for possession only after 3 years with a home loan of 50 Lakhs, should I take this home loan and what would be the tax benefits I would be enlightened to, considering also that I am living in a different city due to work purpose. As per my knowledge 1.5L on the principal as unlimited on interest as I am not living in the city home is bought. More than that does it makes sense to take that much Home loan as I have all my savings burnt due to some personal unforseen reasons.

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