Loan

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raghavendra (Querist)

04 April 2014 I hav 90000 gross salary and I have 50000 outside practice income per month. I want to buy 2 cr house. How can I go ahead to purchase by making bank loan and other route. IT , stamp duty etc I need be transperant . Pls guide me. Thanks all.

raghavendra

raghavendra (Querist)

05 April 2014 I hav 90000 gross salary and I have 50000 outside practice income per month. I want to buy 2 cr house. How can I go ahead to purchase by making max bank loan and other route. IT , stamp duty etc I need be transperant . Pls guide me. Thanks all.

raghavendra

raghavendra (Querist)

06 April 2014 I hav 90000 gross salary and I have 50000 outside practice income per month. I want to buy 2 cr house. How can I go ahead to purchase by making max bank loan and other route. IT , stamp duty etc I need be transperant . Pls guide me. Thanks all.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

04 November 2026 To purchase a ₹2 crore house with a combined monthly income of ₹1.4 Lakhs, a bank loan will only fund about ₹70 Lakhs, leaving a massive ₹1.3 Crore shortfall that requires substantial personal savings or asset liquidation. Additionally, buyers must budget an extra ₹10–16 Lakhs for stamp duty/registration and ensure rigorous compliance with 1% TDS (Form 26QB) and transparent ITR reporting for professional practice income.

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