Women Empowering the Real Estate Market - Discounts and Benefits from Home Loans

Recent Blogs

How does machine learning assist in lead generation for real estate?

20th Sept, 2024

Read More

Luxury Real Estate In Mumbai Registers Record Growth

28th August, 2024

Read More

What’s the significance of virtual tours in the home-buying process?

13th August, 2024

Read More

Why Kalyan Is Emerging As A Preferred Choice For Homebuyers?

19th March, 2024

Read More

The Impact Of The Mumbai Coastal Road Project On Real Estate In Mumbai

11th March, 2024

Read More

How is Andheri’s real estate market shaping up?

5th March, 2024

Read More

Why Thane West Should Be On Your List Of Top Locations For Real Estate Investment?

21st February, 2024

Read More

How is the real estate market shaping up in India?

12th January, 2024

Read More

The Influence Of Technology On Real Estate

5th January, 2024

Read More

How To Accumulate Wealth Through Real Estate?

4th December, 2023

Read More

Dubai Real Estate: A League of Its Own

6th October, 2023

Read More

Chandivali’s Thriving Real Estate Prospect

4th September, 2023

Read More

The Power of a Will and its many advantages

29th August, 2023

Read More

The Bright Prospects of Indian Real Estate 2023-2047

21st August, 2023

Read More

Exploring Ready-to-Move Comforts and Off-Plan Potential in Dubai

16th August, 2023

Read More

MahaRERA's QR Code August 2023 Implementation

10th August, 2023

Read More

India's Booming Real Estate Sector: Growth, Investments, and Infrastructure Expansion

7th August, 2023

Read More

The Significance of Sample Flats for Residential Properties

31st July, 2023

Read More

Hyderabad Real Estate: Unveiling the Rise of Newly Launched Homes and Shifting Buyer Preferences

24th July, 2023

Read More

Luxury Living: Why Now Is the Perfect Time to Invest in Goa

19th July, 2023

Read More

Kalyan Real Estate: A Gateway to a Smart and Thriving Future

14th July, 2023

Read More

The Hidden Costs of Apartment Buying in India: A Buyer's Guide to Informed Purchases

12th July, 2023

Read More

Understanding Real Estate Jargon: Carpet Area, Built-up Area, and Super Built-up Area

7th July, 2023

Read More

Dubai's Office Rents Surge Higher Than London and New York, Indicating Market Recovery

5th July, 2023

Read More

Grade A Commercial Properties: India's Thriving Office Revolution

27th June, 2023

Read More

Buy your own home VS Choosing to rent

22nd June, 2023

Read More

Maharashtra RERA Implements QR Code System for Transparent Project Information

19th June, 2023

Read More

The Power of First-Floor Tenement

13th June, 2023

Read More

Real Estate Investment Igatpuri

8th June, 2023

Read More

Investment Options and Avenues in Real Estate

19th May, 2023

Read More

Lifestyle living in dubai

15th May, 2023

Read More

Positive Energy Vastu Items for Home Décor

11th May, 2023

Read More

How Technology is Revolutionizing the Indian Real Estate

28th April, 2023

Read More

Drones in Real Estate

25th April, 2023

Read More

The Rise of Pune's Commercial Real Estate Sector - Factors Driving The Growth

18th April, 2023

Read More

What Makes The Tier 2 & Tier 3 Cities Good Places To Invest In

13th April, 2023

Read More

Navi Mumbai Metro Line 1 – The Real Estate Opportunity

7th April, 2023

Read More

The Rising Demand for Housing in IT hub of Navi Mumbai's

6th April, 2023

Read More

Top Reasons that Drive NRI Investment in the Indian Real Estate Market

31st March, 2023

Read More

Gurugram & Noida - The two most promising investment destinations in the NCR

29th March, 2023

Read More

Top Emerging locations of Bengaluru

24th March, 2023

Read More

Travel from Thane to Dombivli Under 20 Mins - The Benefits of Motagaon-Mankoli Creek Bridge

17th March, 2023

Read More

Top Reasons to Invest in Dubai's Real Estate Market

10th March, 2023

Read More

Pros of Investing In Real Estate in Top Cities In India

9th March, 2023

Read More

Key Drivers of Real Estate Market Growth in Bengaluru

3rd March, 2023

Read More

Beyond Mumbai and Pune - Invest in Maharashtra's Tier II Cities

28th Feb, 2023

Read More

Top 5 Proptech start-ups in India

22nd Feb, 2023

Read More

Why Andheri is Mumbai's Hottest Location To Invest

17th Feb, 2023

Read More

The Ultimate Showdown - Navi Mumbai vs Mumbai

10th Feb, 2023

Read More

REITs VS Fractional Ownership – The Big Picture On How They Work

23rd Nov, 2022

Read More

Housing demand to rise during festive season – Propfynd finds out!

28th Sept, 2022

Read More

Tips to buy property in India

20th Sept, 2022

Read More

Which is better – Buying a house or renting a house in India.

15th Sept, 2022

Read More

As the residential real estate market continues to experience a surge in demand, it's becoming increasingly evident that women are taking the reins in the home-buying process. The rise of women homebuyers in India is not just about their increased participation in the real estate market, but they're also bringing a unique perspective and approach to the table that is revolutionizing the real estate industry.

The latest survey by Anarock has brought to light a fascinating trend in the investment choices of women homebuyers. With at least 65% of women preferring to invest in real estate, this choice has emerged as a clear favorite, leaving behind traditional options like gold and fixed deposits.

The timing of the Maharashtra government's announcement of 1% discount in stamp duty for women homebuyers, right after International Women's Day, couldn't have been more perfect, as this move is expected to make home-buying more affordable and accessible for women in the state.

In addition to this, many banks and non-banking financial companies (NBFCs) have also joined in by offering special discounts to female home loan applicants, further encouraging women to take the leap and invest in their dream homes. This step towards recognizing and empowering women in the real estate sector is a significant move that is sure to inspire other states to follow suit, and further fuel the already thriving demand for real estate among women homebuyers.

Here are some popular banks that provide discounts to female borrowers –

HDFC bank -HDFC offers a special discount of 5 basis points on home loans to women borrowers. This means that women borrowers can avail of a lower interest rate starting at 8.95%, as compared to the regular interest rate offered by HDFC. However, the final interest rate for women borrowers can vary between 8.95% and 9.85% depending on factors such as their credit score and the loan amount.

Canara Bank - Canara Bank offers a discount of 5 basis points on home loan interest rates for eligible female borrowers. The bank's home loan interest rates start at 8.85%.

Union Bank Of India - Union Bank of India provides a 0.05% interest rate concession on home loans to female applicants who are borrowers or co-borrowers and owners or co-owners of the proposed housing property. This concession applies to eligible female applicants.

Punjab National Bank Of India - Punjab National Bank provides a diverse range of housing loans that offer advantages to women, regardless of whether they are salaried professionals, entrepreneurs, or homemakers. Eligible female borrowers can avail a 0.05% per annum reduction in interest rate. Additionally, the loan covers furnishing expenses of up to 10% of the housing loan, not exceeding a maximum amount of Rs.25 lakh. A moratorium period of up to three months from the date of advance or until the date of possession, whichever is earlier, is also available.

Benefits from home loans for women

Article authored by: Team Propfynd

Date: 21st March, 2023

Related Blogs

How does machine learning assist in lead generation for real estate?

20th Sept, 2024

Read More

Luxury Real Estate In Mumbai Registers Record Growth

28th August, 2024

Read More

What’s the significance of virtual tours in the home-buying process?

13th August, 2024

Read More

Why Kalyan Is Emerging As A Preferred Choice For Homebuyers?

19th March, 2024

Read More

The Impact Of The Mumbai Coastal Road Project On Real Estate In Mumbai

11th March, 2024

Read More

How is Andheri’s real estate market shaping up?

5th March, 2024

Read More

Why Thane West Should Be On Your List Of Top Locations For Real Estate Investment?

21st February, 2024

Read More

How is the real estate market shaping up in India?

12th January, 2024

Read More

The Influence Of Technology On Real Estate

5th January, 2024

Read More

How To Accumulate Wealth Through Real Estate?

4th December, 2023

Read More

Dubai Real Estate: A League of Its Own

6th October, 2023

Read More

Chandivali’s Thriving Real Estate Prospect

4th September, 2023

Read More

The Power of a Will and its many advantages

29th August, 2023

Read More

The Bright Prospects of Indian Real Estate 2023-2047

21st August, 2023

Read More

Exploring Ready-to-Move Comforts and Off-Plan Potential in Dubai

16th August, 2023

Read More

MahaRERA's QR Code August 2023 Implementation

10th August, 2023

Read More

India's Booming Real Estate Sector: Growth, Investments, and Infrastructure Expansion

7th August, 2023

Read More

The Significance of Sample Flats for Residential Properties

31st July, 2023

Read More

Hyderabad Real Estate: Unveiling the Rise of Newly Launched Homes and Shifting Buyer Preferences

24th July, 2023

Read More

Luxury Living: Why Now Is the Perfect Time to Invest in Goa

19th July, 2023

Read More

Kalyan Real Estate: A Gateway to a Smart and Thriving Future

14th July, 2023

Read More

The Hidden Costs of Apartment Buying in India: A Buyer's Guide to Informed Purchases

12th July, 2023

Read More

Understanding Real Estate Jargon: Carpet Area, Built-up Area, and Super Built-up Area

7th July, 2023

Read More

Dubai's Office Rents Surge Higher Than London and New York, Indicating Market Recovery

5th July, 2023

Read More

Grade A Commercial Properties: India's Thriving Office Revolution

27th June, 2023

Read More

Buy your own home VS Choosing to rent

22nd June, 2023

Read More

Maharashtra RERA Implements QR Code System for Transparent Project Information

19th June, 2023

Read More

The Power of First-Floor Tenement

13th June, 2023

Read More

Real Estate Investment Igatpuri

8th June, 2023

Read More

Investment Options and Avenues in Real Estate

19th May, 2023

Read More

Lifestyle living in dubai

15th May, 2023

Read More

Positive Energy Vastu Items for Home Décor

11th May, 2023

Read More

How Technology is Revolutionizing the Indian Real Estate

28th April, 2023

Read More

Drones in Real Estate

25th April, 2023

Read More

The Rise of Pune's Commercial Real Estate Sector - Factors Driving The Growth

18th April, 2023

Read More

What Makes The Tier 2 & Tier 3 Cities Good Places To Invest In

13th April, 2023

Read More

Navi Mumbai Metro Line 1 – The Real Estate Opportunity

7th April, 2023

Read More

The Rising Demand for Housing in IT hub of Navi Mumbai's

6th April, 2023

Read More

Top Reasons that Drive NRI Investment in the Indian Real Estate Market

31st March, 2023

Read More

Gurugram & Noida - The two most promising investment destinations in the NCR

29th March, 2023

Read More

Top Emerging locations of Bengaluru

24th March, 2023

Read More

Travel from Thane to Dombivli Under 20 Mins - The Benefits of Motagaon-Mankoli Creek Bridge

17th March, 2023

Read More

Top Reasons to Invest in Dubai's Real Estate Market

10th March, 2023

Read More

Pros of Investing In Real Estate in Top Cities In India

9th March, 2023

Read More

Key Drivers of Real Estate Market Growth in Bengaluru

3rd March, 2023

Read More

Beyond Mumbai and Pune - Invest in Maharashtra's Tier II Cities

28th Feb, 2023

Read More

Top 5 Proptech start-ups in India

22nd Feb, 2023

Read More

Why Andheri is Mumbai's Hottest Location To Invest

17th Feb, 2023

Read More

The Ultimate Showdown - Navi Mumbai vs Mumbai

10th Feb, 2023

Read More

REITs VS Fractional Ownership – The Big Picture On How They Work

23rd Nov, 2022

Read More

Housing demand to rise during festive season – Propfynd finds out!

28th Sept, 2022

Read More

Tips to buy property in India

20th Sept, 2022

Read More

Which is better – Buying a house or renting a house in India.

15th Sept, 2022

Read More

All rights are reserved | Copyright © 2024 PropfyndX | Regenti InfoTech Pvt. Ltd. Powered By

X

Fri

11 Oct

Sat

12 Oct

Sun

13 Oct

Mon

14 Oct

Tue

15 Oct

Wed

16 Oct

Thu

17 Oct

Fri

18 Oct

Sat

19 Oct

Sun

20 Oct

Mon

21 Oct

09:00

AM (IST)

09:30

AM (IST)

10:00

AM (IST)

10:30

AM (IST)

11:00

AM (IST)

11:30

AM (IST)

12:00

PM (IST)

12:30

PM (IST)

01:00

PM (IST)

01:30

PM (IST)

02:00

PM (IST)

02:30

PM (IST)

03:00

PM (IST)

03:30

PM (IST)

04:00

PM (IST)

04:30

PM (IST)

05:00

PM (IST)

05:30

PM (IST)

06:00

PM (IST)

Enquiry Now