Budget 2023: What home buyers can expect from FM Nirmala Sitharaman?
- Among the most expected factor for home buyers, this budget 2023 would be the increase in deduction limit for interest payments and principal amount on home loans especially to spur demand in a rising interest rates scenario.
Home loans are one of the most significant ways to buy a dream house from first-time home buyers to individuals who are looking to reinvest in properties. Investing in real estate has ample benefits such as long-term value creation, security, upgrade in lifestyle, and also is packed with various tax advantages among others. Housing for all has been among the most remarkable initiatives taken by the government, and in the upcoming Budget 2023, the same is expected to continue.
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