Month: August 2019

When it comes to contributing and giving it back to the society, Ekta World always rises to the occasion. Ekta World recently provided its full support to Accesslife, a non-profit organization that shelters children, encouraging the brave hearts to start their lives with positivity. The foundation gives these children hope to reclaim their lives and have an optimistic outlook battling cancer, making them look forward to the future. Accesslife began its journey to support these children in June 2014, in Chembur and since then, it has established 6 care centers across Mumbai and Thane.

Families from rural areas and small towns often need a place to stay while their children are being treated at hospitals. Accesslife supports these families and their children with temporary homes to stay. The organization gives them all the necessities such as proper nutrition, clothes and engages them in recreational facilities. Accesslife also supports these children and their families emotionally and psychologically, counseling them is an important attribute/aspect of our center. Apart from this, the non-profit organization also provides transport facilities to patients who go for regular session of treatment.

Ekta World as a real estate developer has given homebuyers luxury and ultra-luxury residential properties that promise and deliver state-of-the-art home and exciting amenities beyond measure. However, apart from catering to the rising demands of homebuyers, the company also has strong values and noble intentions to do something for the society. Hence, it collaborates with NGOs like Accesslife that empower and provide hope to children, who have emerged victorious against their battle with cancer.

An event for a noble cause

Ekta World presents Artists for a cause – A blend of music, dance and art in support of AccessLife. The mega event comprised of artists from different fields, who displayed their talent and entertained the audience.

Conceptualized by Samir Date, it was a wonderful event that witnessed the coming together of music, art and dance, to support and empower brave cancer survivors. The audience was in for a treat with exciting performances by Anuradha Pal Zia Nath & Sangeeta Babani. Also, part of the event was Hon’ble Minister of School Education, Sports and Youth Welfare Shri Ashish Shelar ji, who graced the occasion.

Performing Artists-

– Samir & Dipalee Date – Globally renowned singers
– Anuradha Pal – India’s first female table player
– Sangeeta Babani – Celebrated and prolific painter
– Zia Nath – Internationally renowned dancer

Home Buyers have the opportunity to avail tax benefits and can take a loan under two circumstances; one for the purchase of a property and second for the renovation of the house. But a home loan has multiple tax benefits for a homebuyer. Let’s have a look at some of the tax benefits, property buyers get once they decide to buy their dream home.

1. Support of the government – The government fully supports and encourages people to invest in homes as they then get viable tax deductions on the principal as well as interest paid on home loans. Under section 80C of Income Tax of India 1971 Act, a person is eligible to claim a deduction of up to Rs 1.5 Lacs. Also, the deductions are doable only after the construction of the house is completed. A homebuyer can’t claim income tax deductions while the property is being constructed.
2. Tax benefits for second house – Under section 24B of Income Tax Act, to buy a second house, a homebuyer is eligible to claim a deduction for the entire amount of housing loan interest.
3. Prepayment charges not applicable – There are no prepayment penalties on floating rate home loans. So a homebuyer, who has surplus money, can use it to make some payment towards a home loan and lower his burden.
4. Easily buy your dream home – Buying a home has now become easy, with the availability of home loan that can be smoothly repaid in stress-free monthly installments.
5. Long repayment duration – Amongst a variety of loans, a home loan has the lengthiest repayment tenure of up to 30 years, hence it proves to be less burdening for a homebuyer.
6. Relish appreciation for the property – Over the years, rise in property prices can definitely work in favor of a homebuyer.