Taxation

No, long - term and short - term capital gains tax would be applicable on selling the property in the same way as you have bought the property on your own.

No, you will not get any additional income tax benefits on buying a property with the HomeCapital Home Down Payment Assistance Program. The principal repayment to HomeCapital cannot be claimed under any tax deduction sections.

No, the HomeCapital Home Down Payment Assistance Program does not affect your eligibility for income tax benefits under Section 80C, Section 80EE and Section 24 in any way. You will continue to get income tax benefits in the same way as you purchase the property on your own.