Ask the property solicitor for a title report, while investing in a premium Balaji Symphony Property For Sale in Navi Mumbai,. Ensure that there are no specific State Government reservations or conditions written in fine print.
Check for a Coastal Regulation Zone (CRZ) clearance, if the construction is near a seafront.
Check for any other specific clearance reports, like, if the project is being constructed over or in the close vicinity of a heritage building, you must check for any heritage reservations for the premises. On our part, we have already taken all the required precautions and clearances to ensure that you do not get stuck with a property that is, or may get caught in any sort of
Permissions and Approvals
We at Vishesh Group, seek and procure all the permissions and approvals from relevant bodies before beginning the construction of any project. The absence of these construction clearances, can invite scrutiny and litigation. Mentioned below are a list of documents and approvals that the builder must possess for all building work to commence in Mumbai:
Tax Benefits on servicing of housing loan from specified financial institutions, while investing in Balaji Symphony property in Navi Mumbai,
Section 24 - Income Tax Act.
This section deals with deduction available on Interest paid on capital borrowed for the purpose of purchase, construction, repair, renewal or reconstruction of
Initially, it used to be Rs 15,000 being the maximum
So borrowers now will enjoy a deduction of
This applies only if the property is acquired or constructed within 3 years from the end of
Section 80C - Income Tax Act.
A deduction u/s 80C (2) (xviii) is available
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