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Why Should You Buy a New Home in the Name of Your Woman Benefits Explained

This is where you see the benefits given to women. Even the government is also making efforts towards it. When you go through the Saya Homes Gold Avenue news, you will get to know that women are on par these days. As per some stats, over 60% of women are choosing the real estate sector as a primary investment option.

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Why Should You Buy a New Home in the Name of Your Woman Benefits Explained

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  1. WHY SHOULD YOU BUY A NEW HOME IN THE NAME OF YOUR WOMAN? BENEFITS EXPLAINED

  2. Are you planning to buy a new home? If yes, then you must be wondering whether to buy it in your name or your father’s name! Isn’t it? Well! If you are doing so, then it is not your fault. The real estate industry in our country is primarily dominated by males for ages. However, the scenario is changing gradually. This is where you see the benefits given to women. Even the government is also making efforts towards it. When you go through the Saya Homes Gold Avenue news, you will get to know that women are on par these days. As per some stats, over 60% of women are choosing the real estate sector as a primary investment option. Before 2019 (the pandemic), the numbers were quite impressive. Well! The credit for this goes to the growing awareness and women empowerment initiatives.

  3. What benefits a woman can get by buying a property or home? Well! It is all so refreshing to watch how women are leading from the front. It is more delightful to see that more and more women are availing of the benefits attached. Apart from trust and love, the following are the main reasons why husbands, fathers, and everyone should buy their new home in Delhi-NCR in the name of their lady luck:

  4. Homes loans at attractive rates of interest As per the Saya Homes Gold Avenue news, most popular banks such as State Bank of India (SBI), HDFC, Punjab National Bank (PNB), Axis Bank, etc. are supporting women home buyers. For this, they provide home loans at a slightly lower interest rate than men. For interest, if men are getting home loans with 7% interest in SBI, then women can avail of the same at 6.8%. However, the actual rate of interest may vary from one bank to another. So, before anything, check the same.

  5. Enjoy outstanding tax benefits Do you want to enjoy the tax benefits? If yes, then you are advised to get your new home in the name of your wife, mother, sister, daughter, etc. By doing this, you can separately claim the tax deductions under Section 80C for the interest amount paid. In case your woman is a first-time homeowner, they can claim Rs. 50000 on the principal amount under Section 80EE.

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