Many schemes are run by the government for women. The government keeps making efforts to increase the participation of women in the society. Therefore women are given special discounts on many things. The government has also kept a separate tax slab for women. Similarly, exemption in property tax has been provided to women in case of purchase of property. If you want to buy a new house and buy it in your wife’s name, then she can get a lot of benefits. Let us know how much discount is available on buying a house in the name of women.
By buying a house in the wife’s name, the wife also becomes financially empowered. So this also saves your money. If you take a house on home loan. And you take a home loan in your wife’s name. So you can get a home loan at a cheaper interest rate because many banks and housing finance companies give loans at lower interest rates to women instead of men. Housing finance companies make many loan schemes especially for women. If you want to buy a house in your wife’s name. So you can definitely benefit from this.
Whenever you want to buy a property. Therefore, there is a lot of expenditure in its paperwork also. A hefty stamp duty is charged on registration. But in many states, women have to pay less stamp duty than men. Women have to pay 2 to 3 percent less stamp duty than men. If we talk about Delhi, in Delhi men have to pay 6 percent stamp duty, whereas women get a rebate of 2 percent, that is, they have to pay only 4 percent stamp duty.
