About sec 80eea

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7 Points Posted on 16 February 2021
in such section whether provide any area limit to purchase residential house property in non metro cities.
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On 16 February 2021 at 18:48 Report
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Section 80EEA of the Income Tax Act offers tax deductions on home loan interest for affordable housing. While the Act itself doesn't specify area limits, the Finance Bill's memorandum clarifies these. For metropolitan cities, the carpet area limit is 60 sqm (645 sq ft), and for other cities, it's 90 sqm (968 sq ft). These rules apply to properties approved after 1 September 2019. If your sale deed mentions built-up area instead of carpet area, and you're in a non-metro city, you'll need to verify the carpet area to ensure eligibility.

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Chartered Accountant
24588 Points Posted on 17 February 2021
Conditions with respect to the carpet area of the house property. These conditions have been specified in the memorandum to the finance bill, but not mentioned in section 80EEA:
Carpet area of the house property should not exceed 60 square meter ( 645 sq ft) in metropolitan cities of Bengaluru, Chennai, Delhi National Capital Region (limited to Delhi, Noida, Greater Noida, Ghaziabad, Gurgaon, Faridabad), Hyderabad, Kolkata and Mumbai (whole of Mumbai Metropolitan Region)
Carpet area should not exceed 90 square meter (968 sq ft) in any other cities or towns.
Further, this definition will be effective for affordable real estate projects approved on or after 1 September 2019
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On 17 February 2021 at 06:39
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Engineer
24 Points Posted on 06 August 2025

Hi, 

 

In the sale deed only built up area is mentioned and not carpet area. Built up area is 1415 sqft, this is in non metro, other conditions for 80EEA is met. Only doubt with carpet area

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On 06 August 2025 at 16:39

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