Deduction under section 80c

Respected Forum members,

I am in the process of filing my ITR for F.Y. 2012-2013. However, before filing the same, I would like to know about deductions under section 80C.

The section 80C allows deduction of stamp duty and registration charges for property.

I would just like to clarify if the same is applicable on just residential property or on commercial property as well. I bought the commercial propoerty just for investment purpose and have put it on rent.

I would appreciate any quick responses inthis regards before I file my ITR tomorrow.

Thanks to all the esteemed members in advance.