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RE:About Tax
by satheesh on Feb 09, 2006 12:40 PM

hi praveen
why wait for 2 -3 years for buying a flat with a housing loan
the trends are like this. house loan interest rates may go up. the flat cost will surely grow up in 3 years considerably. if u have the plan do it now. if u can have the benefits from right now such as monthly rental and tax benefits. you will also practice thrift by start repaying the loan. further u can sell it at a premium after 3 years and go for another of your choice then. dont wait go ahead. satheeeh nandanam@rediffmail.com

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Invest in an ELSS fund. Earn big