Buy property on women’s Name✅
Автор: Finance with Shalini
Загружено: 2025-12-29
Просмотров: 680
Описание:
Buying a home in a woman’s name offers several financial, legal, and social advantages in many countries (especially India). Here are the key benefits, clearly explained:
1. Lower Stamp Duty & Registration Charges
Many state governments offer concessional stamp duty when a property is registered in a woman’s name.
Savings can range from 1%–3% of the property value.
This can mean lakhs of rupees saved upfront.
2. Home Loan Benefits
Banks and housing finance companies often provide special concessions to women borrowers, such as:
Lower interest rates (usually 0.05%–0.10% less than standard rates)
Higher chances of loan approval
Flexible repayment options
3. Tax Benefits
Women homeowners can claim the same tax deductions as men:
Section 80C: Up to ₹1.5 lakh on principal repayment
Section 24(b): Up to ₹2 lakh on interest (for self-occupied property)
👉 If both spouses are co-owners and co-borrowers, both can claim tax benefits separately.
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