Quick Tips For The First Time Women Home Buyer

1
Home gt Blogs gt Quick tips for the first time
women home buyer
Quick Tips For The First Time Women Home Buyer
Mar 2018
V / In Green Homes
Are you a working female professional and are
planning to purchase your dream home, but quite
not sure about the availability of the loans of
home, subsidy or interest rates. Then, certainly,
stop thinking about it all. With the government
and the complete country focusing on the women
empowerment these buying a house for the working
woman has actually become an as easy task.
Having your own house is a dream for each woman
and today as the women mostly are employed as
well as salaried, they can conveniently become a
homeowner. Especially those women have just begun
their professional career and have reasons to
purchase their own home. With the clear promise
of the higher take-home pay package, the lower
interest rates on the home loans, a swing of
affordable housing options, reduced stamp duty on
offer, as the women home buyer has numerous
reasons to rejoice.
So, here are the important points and quick guide
who help the working woman dare to actually dream
of the home own-
The government's initiative on Housing for All
by 2020 states that the woman should either be
co-owners or the sole owners of the affordable
house. Thus, it clearly empowers the woman to aim
for the dream home more than ever. The woman who
actually is planning to purchase her first home
can get the good subsidy too. As per the credit,
Linked Subsidy Scheme first-time home buyer has
been given some more benefits. If the annual
household's income in lesser than Rs 6 lakh
annually, she is eligible for the interest
subsidy of 6.5 on the principal of Rs 6 lakh.
Secondly, the woman home buyer takes a home
loan to purchase the first home can enjoy various
tax advantages which are provided by all
government as well as private banks. The
eligibility for the tax deductions on the
interest paid on the home loan which is up to Rs
2 lakh for the women. Maximum tax deduction for
the interest repayments and principal are Rs 1.5
lakh and 2 lakh.
As it is said always began early is always
good. Thus, if you are in the early stage of the
job, then do think wisely as well as begin
investing now. For instance, if you are 25-26
years of the age with an average salary of Rs 4.5
lakh per annum, then, you can certainly opt for
the home loan from the government or the private
bank at the rate of good interest.
If the women are investing in the
under-construction project then the states
including Rajasthan, Madhya Pradesh, and Uttar
Pradesh have lower property registration rates
for the women than that what is offered to men.
Thus, with the record numbers of the single women
becoming the prime time home buyers, this
certainly guide will definitely help to encourage
more women to fulfill the dream of becoming the
house owner.
n g
PREV ARTICLE
2
Comments
There is 0 comment on "Quick tips for the first
time women home buyer".
Submit A Comment
your comment...
your name...
your email...
SENDCOMMENT
Related Posts
P'febres 0tidas SBgteiting Mumyai
Cdjsnians Healky
Mdinet
In
lt gt
Top Rated
Recent
Cities To Become Smart With GIS Technology There
has been Lot of buzz around the... On June 22,2016
E8 Reasons You Should Consider Buying Than
Renting In the current monetary atmosphere, there
is no... On June 10,2016
RERA Regulation Bill Brings Cheer In Rajyasabha
Assembly The RERA (Real Estate Regulation
Authority)has certainly brought... On June 22,2016
Competition For Real Estate Agents In India By
The World's Biggest Brokerage Firm If you are fed
up of continuous calls... On May 3,2015 Coldwell
Banker Principled Realty When we visited Knox
Realty office for the... On March 3,2015
3
Categories
Green Homes Home-grown News! News
Property T rends Realty Affairs
51
1
20
2
2
Recent Posts
Why Is A Lease For 99 Years? The properties are
apparently of two kinds- freehold property and
the leasehold... On
Why Home Buyers Are Opting For Ready Homes The
home buyers are more than being ready to buy
properties on... On
Business-Friendly Strategy To Create Affordable
Housing Cost-effective home is the prime problem
in developing countries but India presents... On
All You Need To Know About Income Tax And
NRIs The government is upping the ante against
the tax evaders. Recently, a... On
Realty Rules That Homebuyers Need To Know The
realty low has made it pretty tough for the
defaulters to... On
Developments NRI Buyers Must Know Through various
policy changes in recent past, the Indian
government has been... On
PLC Is Taxable. Read On To Know More While you
were planning to invest in the real estate, you
would... On
FATCA Impact On NRIs Property In India The United
States Foreign Accounts Tax Compliance Act is
prompting numerous NRIs... On
Things To Keep In Mind If You Are Transferring
Sale Are you thinking about selling your
property? Well, profit you actually earn... On
Quick Contacts
4
oe
Phone No. 91 22 6736 4000 Email
info_at_coLdweUbanker.in
Copyright 2017, Coldwell Banker India. All
rights reserved.