Own house but not self-occupied

Definitely you can claim HRA for the rent you are paying

Regarding your own House you can do tax planning presume a notional rent has been obtained on letting out to relatives and from this income entire interest paid is deducted  and this reduces your tax burden 

Hi Sivaram,

Any specific inputs on how to plan using notional rent? I dont want to let it out to anyone. Any documentations I need to maintain?

No Documentation needed  in this case your computation from House property will be negative  if you pay huge interest on the house purchased  just give declaration to employer that I earn so much  as rent from the property let out and from this you deduct the entire interest