Ayesha Bibi, Kochi
Q: Hi, I recently came to know that the council has okayed the Kochi corporation's budget. Is it true. I want to get more information about this.
Latest Answer: The revenue expected this fiscal is Rs. 921.54 crore while the expenditure is Rs. 881.87 crore. The council decided to spend Rs. 4.5 crore for the 40-feet road in Palluruthy and Rs. 1.6 crore for Poyisha Road at Edappally.

Q: Hey, i saw in the news that the city's municipality is looking for a way to cure the increasing plastic usage problem in the city. Can someone please enlighten me about the same?
Latest Answer: I completely agree with the associations reaction. Did you know that loads of plastic were being burnt at the Mekkara ground behind the Government Arts College with the municipality’s knowledge

Q: Hi, I want to know about the condition of the Ernakulam Town Railway station and the development works going on in there.
Latest Answer: Yeah..I heard that the authorities said frequent incidents of minor and major pipe bursts due to the ongoing Kochi Metro Rail construction works also result in failure of water supply to the station.

Q: Hello there, I came to know that there is a revised budget for the corporation of Kochi by the ruling front. Is it true?
Latest Answer: Hi, did you know…starting from May 1, users’ fee will be levied for collecting waste from shops, in order to promote decentralised waste management. A bylaw will be formulated soon on waste management.

Q: Hi, I want to know more about the news about title deeds for the families in Mayday Nagar. Can you please give some review about it?
Latest Answer: The minister has also instructed the district collector and MLA to hold a meeting on the procedures relating to the title deeds. Hence, a meeting will be convened at the Ernakulam Guest House on Wednesday 6 pm led by Hibi Eden.

Q: Hi I would like to know more about the developments that are going on in the Kottekanal road in Kochi.
Latest Answer: I think this would be a very good achievement for the mayor also. Mayor Tony Chammany, who is also the councilor from this division, MLAs Hibi Eden and Benny Behanan, GCDA secretary R Lalu and  GCDA administrative council member Akbar Badusha will also be present at the function. This road will see the end of woes for the commuters.

Q: Hi, Is there any news about the necessary developments for the IT firms in Kochi such as the infrastructure. If so. Please tell me about it.
Latest Answer: True that...From what I came to know, I shall share some info with you guys..The Phase II infrastructure is nearing completion now, with common internal roads, 220 KV gas insulated sub-station, storm water drains, cable trenches, data connectivity as well as water treatment and supply.

Q: Hey everyone. I have heard that the Government is planning to use some nano technology to construct the roads in the city? Any details about this?
Latest Answer: It is also pretty cost efficient if you look at it. For a 100-metre-long and five-metre-wide stretch, the cost of using these nanotechnology products would come to around Rs 6,000.

Q: Hi, I want to know about the new developments that are going on in Aluva. I heard that there are a lot of them. If anyone knows, please share it with me.
Latest Answer: You know, a German company has already come forward, expressing  interest in the waste management project. If that is the case, we will be using the German technology provided by the company. We also hope to solve the incessant traffic bottlenecks in the city by making sure that maximum vehicles do not enter the town.

Q: Hi, I recently came to know about the governments plan for making an Electronic Hardware park in Kochi. What all will be the developments there.
Latest Answer: But, when I enquired about this project in connection with the land acquisition, I came to know that the government had given permission to the Kochi Metro Rail Limited (KMRL) to acquire land directly for the metro project.

Q: Hi, I want to know more about any development going on in the kochi's infrastructure development, especially, the Kochi metro.
Latest Answer: Oh yeah..there are some very good plans for women empowerment also. Especially from the KMRL to make the city safer for women. All the urban transport projects implemented under Unified Metropolitan transport Authority will give special focus on women safety and security. I think this is a good move by the authority.

Q: Hi, I want to know what all are the developments that are going on in regard to the proposed Kochi solar city? Can you explain it please? thank you.
Latest Answer: Oh yeah...the institute has estimated that by 2021, Kochi city would need 975 million units (MU) of power every year. It was proposed to reduce the dependence of the local body on conventional energy by 10 per cent in five years by shifting to renewable energy sources and energy efficiency initiatives.

Q: Hi everyone..Recently happened to hear about the Water Transport Network has been submitted to the KMRL. Actually, can you explain why the water transport network is important for metro rail?
Latest Answer: I came to know that the report will be submitted to the the State Government soon. After the cabinet approval, it will be submitted  for the Centre’s approval and then will be handed over to the  KfW Board. This project will improve the connectivity via waterways also.

Q: Hey, I heard that the DLF are planning to give discounts to the buyers. Why is that? Is there any crisis in the real estate nowadays? is it a favourable time for buyers?
Latest Answer: Oh..yeah..i heard about this discount offer. There was an announcement that for the third quarter ended December 2014, DLF posted a 9 per cent decline in net profit. Income from operations too fell 5 per cent compared to the same quarter in the previous year. With income sliding and debts mounting, the road to recovery may be a long one.

Q: I think that the Telengana government had plans to increase the tax no? What is the new proceedings on this?
Latest Answer: What I have to say is that we have tried several times to find the variation in the tax collections but the GHMC Alwal division has not come forward with any satisfactory replies. We now plan to raise the issue during the Monday Praja Vani. The tax department always states ‘ask the deputy commissioner’ and vice versa. GHMC is only acting against the orders.

Q: I recently came to know about the revenue departments strict action against the unrelenting landowners in Kochi. Can anyone give me more information about this?
Latest Answer: Hey, I also came to know that the immense pressure from DMRC also led the revenue department to implement the forcible acquisition. The district-level purchase committee (DLPC) has fixed `27 lakh per cent for the area. This is true no?

Q: Hello, I got to know that there will be a second smart city in Kochi. Is it true? Can you give me more details about this?
Latest Answer: Unlike other major ports, Kochi does not have large areas of land for development and therefore the available land needs to be utilised properly in accordance to the environmental rules and regulations. This is the greatest advantage of the Kochi city.

Q: Hey, I am Ayesha. I am a resident here. Recenly, I came to know that there has been a shortage of water supply in Kochi. Does anyone know about this?
Latest Answer: Yeah..even though authorities claim that the pipes broken during the Metro construction have been repaired, they admit frequent damage is becoming a problem. In the JNNURM scheme..there has been much delay. I think that the project will be commissioned in the beginning of the next financial year.

Q: Recently, I came to know that there was some electricity related problem with FIFA towers in Kochi. What was that?
Latest Answer: Hey, One of my friends know this builder very much. He said that in 2002, the KSEB officials booked the builder for using the connection given for construction for domestic use. They slapped a fine of Rs 5 lakh for using power above the prescribed load. The officials also disconnected the supply. Then, the builder moved court and obtained a stay. But they had to pay Rs 5 lakh as fine. The new officials who took charge at Thoppumpady electrical section do not know these incidents. That's why they have taken action against him.

Q: Hello, every year i see that every finance minister making big promises in the budget speech. But does any of the budget promises actually coe to life, especially in my city Kochi?
Latest Answer: Though the civic administration had announced the formation of a budget monitoring committee and formed special squads for improving revenue collection, the authorities could not take it further. No reports could be placed before the corporation council on these initiatives

Q: Hey, My name is Ayesha...I am interested in a property in Thottakkattukara. But, I am not sure about the locality. If anyone knows about this locality please share some info with me.
Latest Answer: Yeah..actually, you can also get some very good apartments in this region for a very reasonable rate. The market price of the apartments, as far as I know are around rs. 3068 per square feet to rs. 3404 per square feet. There are a small number of plots also available here, the price for the plots is around rs. 3 lakhs per cent.

Q: Hey, I want some information regarding the Vikas Nagar locality in Kochi. Is this a good locality to live in? Please give some helpful information about this locality.
Latest Answer: You know, one more thing I would like to add to this is the facilities to travel to longer domestic or international destinations via flights also. The Cochin International Airport is at a distance of about 33 km from here and you can reach here via the NH 47.

Q: Hi, I was looking for some information about Infra Woodwinds and its facilities. Can someone tell me more about the details about the builder?

Latest Answer: Hi, The floor plans of the house have come out and also plans on the major built up area of the whole project have been released and you can look more more information here residential projects in kochi

Q: Hello, I am Ayesha from Kochi. I wanted to invest in Kaipadamugal locality for a plot. I am looking for investment returns, so, Can I expect a good return from this locality? Give me your opinions.

Latest Answer: Plots are also easily available in this area, no..I ve seen some very good residential plots here at many places. I think that the average price for a plot in this area is around rs. 759 per square feet. It can also go as high as rs. 1567 per square feet.

Q: Hi, Can anyone give me some advice about investing for a property in Thamarachalpuram? Is it a wise option to invest there? Tell me your opinion, please.

Latest Answer: Yeah. for the apartments also, the same trend can be seen. There are only small projects here. Now, the price of the apartments here start from around Rs. 3500 per square feet to Rs. 4500 per square feet. The price has seen an increase by 11 percent from the past year.

Q: Hi, I am a businessman looking to invest in a property at Chilavannur area of Kochi. Can somebody tell me how Heera Windfaire apartments in Chilavannur are?

Latest Answer: Hi, If you are interested in buying property in the Chilavannur area. you should know that the property prices around the area are around Rs. 4,500 to Rs. 5000 sq ft and you will get these apartments at a rate of Rs. 4,900 sq ft and because Heera Group is an old company in the real estate business this should be a decent investment.

Q: Hi everyone, I am Ayesha. I am curious to know about the realty sector in Kochi. I wanted to know more about the SEZ projects that are going on in Kochi. If there is anyone who can provide some information on this, that would be helpful. Thanks :)

Latest Answer: I think that there has been a significance of SEZ for the IT and related industries. Actually, the SEZ which has to make developments to most industries, there has been a very large scale development only in the IT and ITeS industry. It gets almost 56.64% of the SEZ's project. Only 9.6% of SEZ cater to the multi-product manufacturing sector, etc.

Q: Hi, I would like to know more about the any government works going on in Thrikkakara. Is there any news about any of these here?

Latest Answer: Oh..one thing more. the municipality has identified a property for the setting up of the water treatment plant. I think that the abattoir project which worths around 15 crores will also function in this area for giving hygienic and mechanised handling of meat and also its scientific disposal and management of waste. The drainage project will cost up to 30 crores.

Q: Hi, please throw some information on any investment opportunities where people can invest in and what are the present rates prevailing in these areas?

Latest Answer: you know..the Lulu Group is also building another nine lakhs square feet of IT space at Infopark and also they will submit the proposal within a week to the environment ministry for clearance. For investments and all, this time seems very good as the second phase of the infopark has also successfully attracted many large players.

Q: Hi, I am looking for an apartment for my parents in Kadavanthra. Can someone tell me what facilities does Mather El Castillo Provide and also give a little information about the locality around it?

Latest Answer: In order to obtain a home loan for the above mentioned apartment you can contact any of the leading banking branches including HDFC bank, ICICI bank, and State Bank of Travancore. Here is a link that will give you more information about the project Mather El Castillo details

Q: Hi, I wanted to know about the recent news that there would be an anti-encroachment drive in Kochi. Can anyone tell me about this?

Latest Answer: I believe that the survey and demarcation of the area is being done and appropriate steps will be taken under the Kerala Land Conservancy Act and its rules for evicting the encroachers will be taken. But, for the PIL, the appeal was disposed, you know..

Q: Hi, I am looking for a villa in Tirupunithura. When i was looking for a place I came across ABAD Orchard County. Anyone with information about the builders of the project?

Latest Answer: "Hi, The price per square feet of a villa in the gated community is close to Rs. 5000/= You can check online for pictures of the project and find out more about it here ABAD Orchard County Details "

Q: Hey, I heard that Skyline is one big builder company in Kochi. I needed to know more about them. Is there any plans for the Skyline builders to invest more in Kochi?

Latest Answer: There are some very good development going on from the part of the Skyline builders. They actually began operation in Kerala in 1989 and it has developed 1.3 lakh square feet built up area, completed 110 residential projects, 24 projects are ongoing, in Kerala, etc in kochi.

Q: Hi guys, I am planning to settle down in the southern side of Kochi in one or two years. I actually want to invest in a pre-launch project here. If there anyone who knows more about some of the pre-launch projects in South Kochi, can you please share some info with me?

Latest Answer: In Edakochi also you can find a couple of good apartment projects. One of the luxury projects here is the Chakolas Lake Side. The project is providing 3 bhk from 98.58 lac rupees to 1.35 crore rupees. There is a low budget apartment here called Silver Residency which starts from Rs. 21.77 lakhs to Rs. 25.12 lakhs.

Q: Hi there, I needed to know some detailed information about the Kanayannur area in Kochi. Hope this would be a good platform for such discussions. Can anyone, especially, those who know more about this locality, give some more information about this area?

Latest Answer: Hey, the population of this region is a mix of some working professionals as well as farming community. You can find many agricultural land also in this area. Many people here are into farming and all. Paddy is grown here as well as some other crops like Tapioca, and all. Others are employed in government sector as well as in IT sector as well.

Q: Hey, I am planning to move to the area of Ponnarimangalam in Kochi in a couple of months. Can someone give some details and information about the area, so that I can finalize on this decision?

Latest Answer: I am interested to purchase a small house with river front, can anyone can assist pls contact me 0097455206974

Q: Hey, Is it possible for anyone to share some information regarding the locality of Moolepadam Nagar? Is it a good residential locality? How is the social ambience in this area, is it good to live with family and all??

Latest Answer: Do you know, one more thing why this region of Kochi is favourite is that even via the railway or the airway, you can reach this region without any difficulty. Edappally railway station is the nearest railway station, not even 5 km from here. But, for travelling long distances, Ernakulam Junction South Railway station is good, It is 14 km from here. The Cochin International Airport is 18 km from here.

Q: Hey, I am looking for a home near to the Infopark campus locality. Is this area good for living? If so, can you describe for me some of the major features of this area such as any connectivity related or price related or so on?

Latest Answer: you can also find plots as well as individual houses also here as for now. In few years, they wont be there, this area has high growth rate. Now the price in this are for individual house is around rs. 20 lakhs per cent. For plots, this can be up to 9-10 lakhs per cent.

Q: Hey, Look, I am planning to move to a decent locality in Kochi by the end of this year. I came across the locality of Chittethukara. Is this a good locality? Can I get some extensive review about this area?

Latest Answer: Presently there are some good plots available in this region. The price has not become that high. For some plots, you can get it even for rs. 200 per square feet. As it nears to the town, you can see, the price is increasing and can go as high as rs. 1000 per square feet.

Q: Hi, I am planning to settle down in my hometown in Kochi. I got to know that the locality of Arakunnam in Kochi is a good option. Can I get some detailed information about this region?

Latest Answer: Exactly...even if you check out the price trends for the individual houses as well.. you can see that the area has some tremendous change. I think this is because of the proximity to various IT hubs and other industrial developments that are coming up in this region of Kochi. The price of an individual house is around Rs. 2000 per square feet while for plots the per square feet price is somewhere between 300 and 600.

Q: Hi, I need some information about the locality of Changampuzha Nagar in Kochi. Anyone knows about the locality, please tell me about the locality, please.

Latest Answer: The region of Changampuzha is facing a boom in the real estate market also because of the proximity to the industrial and IT hubs here. The Start Up village in Kalamassery which is a nearby town, the Smart City nearby as well as the Infopark here is resulting in a lot more people investing in this region.

Q: Hi there guys, I am moving to Kochi by the end of this year. I bought a property there. So, I just needed to know something generally about kochi area, - some issues - i mean, is there any general issues in this region, such as water, electricity, gas, internet, mobile network, sewage or any such issues..plz give your suggestions.

Latest Answer: hey, as an American-Born Indian Citizen, i feel that electricity and water are touchy topics here, no doubt. interruption of these in US is considered as a real problem for daily life. But, here, in Kochi, we have had days here and there where we did not have water due to municipality not filling the community's tanks. Electricity is also interrupted without warning even upto few hours.

Q: Hello there..Can anyone give some comprehensive information about the which all places in kochi are good for buying a property. I need knowledge about both the places good for commercial markets as well as residential markets.

Latest Answer: I will suggest you to visit Marina One apartments near Marine Drive, Kochi. Marina One is a new launch Luxury waterfront apartment located at Marine Drive, Kochi, by two reputed and most popular builders Sobha Limited and Puravankara Group.

Q: Hi there...Recently, I came across a news that there will be a new master plan for Kochi city. Can anyone give some news about this...?

Latest Answer: so, the government felt the need for a master plan..that's good. Over the years, the city was developing and expanding. But there was no clear planning to identify the new areas that are developed. In my opinion, many parts of Kochi are developed. But, you can also see that the western side of Kochi is still underdeveloped. That is why, there has to be a detailed and comprehensive planning in Kochi.

Q: Hey there, Me and my partner are looking to buy a house or an apartment in Ponnurunni. Is it a wise option. I need your suggestion also.

Latest Answer: one of the popular areas in Kochi, the commercial infrastructure of this region is quite good. You can see that the Gold Souk Grande Mall is here only. There are lots of shops and hypermarkets like A2Z Collections, Pantaloons, Cafe Coffee Day, Q Cinemas, Big Bazaar, Cochin Locks etc here.

Q: Hello there...Me and my partner are wishing to move from my parental house and buy an individual house. I would like to settle down in a place near to my workplace. I have heard about Kuthappady area...is this a nice choice?

Latest Answer: the residents of this locality have another advantage also - the Health infrastructure. Dr. Shine Multispeciality Hospital is a very good hospital inside this locality. Moreover, you can also easily access the prime hospitals of the city as well as some nearby hospitals like Dr. Sandhya Satheesh Clinic, Krishna Hospital, Dr. Noushad ENT Hospital, etc.

Q: Hi there, I am looking to buy some land in the Padamughal locality for building a house there. Is this area good for investing in? I need to get some detailed review about this place.

Latest Answer: guys, i think that this prime area has some very good social infrastructure here. You can see many good schools, colleges and educational institutions in this region. London College of Business, Government UP School, Jama-ath-Residential Public School, Borstal School, Little Angels School, Mar Athanasius High School etc are some of the well known schools in this locality.

Q: Hi, I need to get some valid information about the locality of Chakkalakkal in Kochi. Can anyone give me a good review about this place. Also,, tell me more about the amenities and facilities provided there.

Latest Answer: Hey guys, the residential culture of Chakkalakkal is also quite good. There you can see some very popular apartments here like Apartment Complex, Chaithanya Apartment, National Excellency, Santha Tower, Omana Tower, PCV Leela Complex, SFS Boulevard, Mangalam Towers, Kithakkery Apartments etc. You can also see an influx of individual houses also in the residential markets.

Q: Hi people, I work in the Kochi Infopark, and I'm new to Kochi with plans to stay for a while. I heard about this place called Olive Kalsta Anna in Kakkanad. How is this place? Can you tell me more about it.

Latest Answer: Hi, We are renting out an premium apartment with all modern amenities in Olive Kalista, 1800 sq ft built up, 3bhk , 5 minutes walk to Kochi Inforpark. Open to lease to companies as well.

Q: Hi people, I heard about Confident Indus from someone and they said it is quite a good place. Is it true? Is buying a place there worth it?

Latest Answer: Hey how come nobody mentioned this, they are offering broadband internet service, a community hall, a well equipped gymnasium, a club house, wifi, tennis court and indoore game play area to give their buyers the best of and best in everything.

Q: I need some information about the locality of Kairali Nagar in Kochi. Is it good to live here. What are the facilities and amenities that I will get here.

Latest Answer: you know, mostly the people here depend on the good hospitals in the city like the Lakeshore hospital, Medical Trust Hospital or the Lissie hospital. but you can see that the Iris clinic, St. John's Hospital, Punarnava Ayurveda Hospital are some of the nearby hospitals in this area.

Q: Hey guys, can anybody help me in providing some information about the locality of Nellimattom which is in Kochi. I need some honest reviews about this place.

Latest Answer: that's true. then you have to check out some good commercial places here na? yeah..There are some good bakeries and restaurants near to the highway in Nellimattom.then see, Kothamangalam is of course the place that the people depend for major shops and other known malls etc.

Q: Hey guys, i am from Trissur and I am looking to move to Chottanikara near Kochi. I have heard of this place many times because of the temple there. But, I need to know more about the locality and the living condition in Chottanikara. Please provide me with such information.

Latest Answer: Hospitals are really important in any developing or developed residential area no? if you wanna find some hospitals over here, i think there are some like the Shanthimadom Clinic, Trident Dental Clinic, Sir Dorabji Tata Trust Aided Hospital, etc in this locality. Moreover, if you want some good hospitals here, you can find some multispeciality hospitals in the Kochi city, which is easily accessible from here.

Q: Guys, I heard about the Gold Souk NRI Villas apartment in Kochi. I am an NRI settled in Dubai. But, I would like to get some information about this apartment project before i come into conclusion about buying. Can you provide some relevant info please?

Latest Answer: i came to know that they are providing very good facilities also like a good garden with landscaping, recreational facilities, maintenance staffs, security, rainwater harvesting system etc. A friend also informed me that the area of 3 bhk was 1750 square feet and that of 4 bhk was 2200 square feet.

Q: hello everyone, I am planning to settle down in Panangad in Kochi. Recently, one of my friends recommended me to invest in VKL Enclave here. I just needed to get some out of the book info from you guys about this apartment? What do you think? is the apartment a good option?

Latest Answer: Yeah, in the rooms also there are some good amenities provided by the builders. You might be knowing that the project is being constructed by the VKL Builders India Private limited. These builders, you know, are providing some in-room facilities like DTH or Cable tv, internet and wifi facility in the living room as well as in bedrooms. There is also a provision for split a/c in the living room and bedroom.

Q: Hi. I wanted to know the status of Kalpaka Florence residential project. Also some additional details. Anyone knows?

Latest Answer: Hi.Welcome to Ernakulam. :) Florence is a new project by the Kalpaka Builders Pvt Ltd. It is in Palarivattom, which is like the heart of the Kochi city.

Q: Hello friends. Can I find some info on the Santhi Karthedath Avenue which is in Tripunithara?

Latest Answer: Hello there. You are talking about the big road side project by the Santhi Homes builders right? It is open to public since Aug 2012. Nice location

Q: Hey friends. I am planning to invest in the Kochi real estate market. What do you think about the Adam Villas in Angamaly? Good for future move in?

Latest Answer: Hello! Welcome to God's own Country :D Kochi is a fantastic real estate zone. In general thhe houses in Kerala are always the most attractive and many builders have already started new projects. This Adam Villas is very new. It got built by Jan 2014 only.

Q: When was this project completed ?? Is there any flats available for resale ?

Latest Answer: Hello, you can follow this link for your requirements Thusharam Sweet Homes, Palakkad OR Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Q: Hi how is Skyline Builders? What are the upcoming projects in Kochi?
Latest Answer: Hello, you can follow this link for your requirements Skyline Eminence, Kochi

Q: Hi, what are upcoming projects in Edapally Bypass? Is it a good locality to invest? How much appreciation can be expected?
Latest Answer: Hello- Can anyone tell me if there is any standalone project like skyline retreat , I mean without frills like Gym ,club house, swimming pool etc with just guest lounge and drivers/servants toilet only

Q: Does changes in Kerala property tax act approved..?? When are the new rates applicable..??
Latest Answer: Hello Ayesha...Property tax concession has also been approved for multi-storey properties in Kerala . The first floor above ground will be given five percent tax concession. Concession of 10 percent, 15 percent, 20 percent and 25 percent will be given for the second, third, fourth, fifth floors and above respectively.

Q: When will construction work of Flyover at Edappally junction start and who will be constructing this flyover..??

Latest Answer: Hi Ayesha..The construction work of flyover at Edappally junction may soon initiate. The Delhi Metro Rail Corporation (DMRC) has decided to send a proposal to National Highway Authority of India (NHAI) to construct this flyover.

Q: Who is taking construction charge of Kochi metro..??

Latest Answer: Hi all...Seems DMRC is now taking this metro project seriously. Click Kochi metro: DMRC to have small roleto see more details.

Q: What is current status of Kochi metro..?? any progress.??

Latest Answer: DMRC is very fast now..they even invited tenders for the civil works of the metro. That sounds good because if tenders are invited soon then the construction will start soon with no delay. Is there any land problem there..??

Q: I want to buy an apartment in Kochi. I have heard that most people are going for under construction apartments than completed ones. What is the reason behind it? Please advice.

Latest Answer: Buyers opt for under construction apartments more because they do not have to put I the whole capital altogether and can pay marginally. Second option is they can customize their own apartment as it is built within time. Most developers, by the time they come to the occupancy stage, have less than 5% of the apartments available as ready-to-occupy units.

Q: I am all set to take a home loan from a bank. I just wanted to confirm whether I am eligible to get tax benefit on it.

Latest Answer: Hi Ayesha, under the Income Tax Act, 1961, you are eligible to get the tax benefit. The tax benefits will be based on the principal and interest components of the loan. But, make sure to check the current tax benefits available, as it varies each year.

Q: I want to apply for a mortgage loan, so tell me what are the documents I need to submit. How many days it will take to process my loan application?

Latest Answer: The essential documents you need to provide are income proof, name, address, and all income earned from all employers for past 24 months. You also need to provide balance of all deposit accounts, including checking accounts, savings accounts, stocks, bonds, etc. In most cases the application processing will take 45-60 days.

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