Are you looking for a new residential property, apartments in Calicut. It’s good to jointly own the property. There are many advantages to joint registration of the property.
1. Affordability
The home loan eligibility depends on the total income of the loan applicant. In case of joint registration of the property, the spouse can opt for a joint home loan. Thus there is a chance for a higher loan amount.
2. Tax Benefit
A joint home loan is beneficial to the co-borrower, who can claim a tax deduction of maximum 1.50lakhs for the principal repayment and 2 lakhs on the interest paid on the loan.
3. Succession
In the case of single ownership, transfer of the property is time-consuming. These hassles could be avoided in Joint ownership of the property.
Ladder Kerala, one of the leading builders in Calicut in terms of building quality living spaces presents Ladde Manakav Greens, premium flats in Calicut. Ladder Mankav Greens is the flagship residential project by Ladder Kerala.
To know more about Ladder Mankav Greens http://ladderkerala.com/ladder-mankav-greens/
Call us at +91 9400470022 for more information
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