Every person in the world has a dream of having his own house in which he can live with his family. But in today's era, buying and building a house is very difficult. But home loans can fulfill your dream. Understanding these problems, the government gives exemption on buying property in the name of women, so if you are also thinking of building a house, then know about what exemptions are available on buying property in the name of women-
Property tax exemption: When you buy property in your wife's name, you may be eligible for property tax exemption, making home ownership more affordable.
Low home loan interest rates: Many banks and housing finance companies offer home loans to women at lower interest rates than men.
Customised loan schemes: Various housing finance companies have designed specific loan schemes for women, making it easier and more advantageous to secure financing
Cost savings on stamp duty
Buying a property usually incurs significant paperwork costs, especially stamp duty. Women benefit from lower stamp duty rates in many states.