HRA and Home Loan

Hi,

I Stay in Madhapur, Hyderabad in a rented accomodation. Currently iam paying rent for both my accomodation as well as my parents. So iam planning to take a flat in Secunderabad so that my parents can stay there. I would be staying in my rented accomodation as its near to my company as i work nite shifts. In this case can i claim both my HRA and housing loan for TAX EXEMPTION.

Distance between the praposed flat and my rented accomodation is 21 KM(Approx).

Can any one please advise me on this.

Thanks in advance.

From,

Shashank