House Buying On Women Name : You will be surprised to know that if someone buys a house in the name of women, they get a lot of benefits as compared to men and they are also given discounts by the government. So let us tell you in this article how much discount is available on buying a house in the name of women.
Women are given exemption in many things by the central government. Along with this, many state governments also give exemption to women. If a woman buys a house or property in her name, then the stamp duty that has to be paid on registration is exempted. This exemption is given in different ways in different states. In many states, stamp duty fees are charged from men.
Let us tell you that women have to pay 3-4% less fees than men. So in Jharkhand state, men have to pay 7% stamp duty. Whereas women are charged only Rs 1 for this. In UP also, men have to pay 7% stamp duty. Whereas women are given a rebate of ₹ 10000 on the price.
At the same time, if the home loan is taken in the name of women, then many housing finance companies give discounts in the interest rate. Different housing finance companies give discounts ranging from 0.5% to 5% on house loans as per their own rules. At the same time, if someone takes a house or property in joint ownership with a woman, then he also gets tax exemption.