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NIFTY 50 23,344.75 up stock 141.55 (0.61%)
NIFTY 100 24,048.80 up stock 122.80 (0.51%)
NIFTY 500 21,809.00 up stock 128.75 (0.59%)
NIFTY MIDCAP 50 15,298.45 up stock 158.80 (1.05%)
INDIA VIX 16.42 up stock 0.67 (4.23%)
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NIFTY SMALLCAP 50 8,520.25 up stock 98.30 (1.17%)
NIFTY BANK 49,350.80 up stock 810.20 (1.67%)
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NIFTY COMMODITIES 8,159.60 up stock 61.75 (0.76%)
NIFTY ENERGY 34,970.55 up stock 284.45 (0.82%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
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GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
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NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
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Published Oct 18, 2024 at 3:04 PM IST

How to cut costs when buying a house: 3 home buying secrets

Want to save lakhs on your dream home? Discover the 3 clever strategies that banks don't want you to know. 
Strategy 1: Prepayment - Cut down interest payments and shorten loan tenure by making extra payments (e.g., ₹50,000 annual prepayment can reduce loan tenure by 3 years) 
Strategy 2: Stamp Duty Concessions - Women buyers can save 1-2% on stamp duty 
Strategy 3: Tax Benefits - Double your savings with co-applicants under the old tax regime and increase loan approval chances 
By following these strategies, you can make home-buying more affordable and save money on your property purchase.

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