Business Standard

Loan A Home

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BUSINESS STANDARD

Banks are falling over each other to offer housing loans at cheap interest rates. The tax concessions make the loans even cheaper

Should one take a loan when buying a house? The answer is clearly yes. One should take a loan because tax breaks are only available on borrowed funds. And the cost of borrowing is less than the tax that is saved. Therefore, it

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First Published: May 26 2001 | 12:00 AM IST

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