It is everyone's dream to buy your house. Many people collect the capital deposited for this, then they are able to buy a house for themselves. If you are planning to buy a new house for yourself, then this news can be of your use. Today we are going to tell you how you can take advantage by buying a house in the name of your wife because the central government is taking many steps to increase the participation of women in society, in which many things are exempted compared to men.
The government has made several rules to buy property for women. Let us know that special discounts are given to women in property tax. So if you are also planning to buy a house for yourself, then you can buy in the name of the wife, which will benefit you a lot. Let us tell you in detail about it.
If you are buying property, then it is better that you buy in the name of your wife. This will benefit you more when you need to take a loan, then you will have to pay less interest. There are many banks and housing finance companies in India that give loans to women at a lower interest rate than men.
When someone buys a house, many paperwork has to be done while buying a house. You have to get the house registered. For this, you pay stamp duty. A lot of money is lost in stamp duty too. But there are many states in India where women have to pay less stamp duty than men.
Women also get a discount on property related to property. This exemption is given to women by the Municipal Corporation. However, you get tax benefits only when that property is in the name of a woman.
If there is a property in the name of a woman, then it also strengthens her economic security and she is self -sufficient. Therefore, she can take any decision with completely freedom.
