I am working in Mumbai metro city, living in parents property.
I am planning to construct/resale purchase of property at my home town and will be locked and blocked for our month end Stay and avail housing loan.
now the query is,
whether I am eligible for 80c and 24 for the principal repayment and interest paid, since it is not occupied in full year, simply locked and blocked.
veteran please advise
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Is housing loan ineligible if not occupied
Replies (1)
Yes, you will be eligible for the benefits, as the same will be treated as Self Occupied Property, in ITR.
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