Here we are going to share the news with you about real estate. Right now a question is taking place will we find the development in the amount of women purchasers? Ladies are coming out as key homebuyers. Some experts believe that the surge in women homebuyers in India is driven by many factors. Will this trend continue in 2024? What is the view of industry experts? Here we will discuss the entire matter of woman buyers in real estate. This question is widely circulating on the Internet. Let’s continue the article.
Real Estate Sector Witness A Rise
According to the report, Several banks and financial institutions offer important compromises on home loan interest rates for women borrowers, which can vary from lender to lender. “Generally, the compromise ranges from 0..05% to 0.10% on the standard home loan interest rates”, this information has been mentioned by Kamljeet Rastogi, who is working as a chief Executive officer, of Manipal Business Solutions. Furthermore, depending on the region and state, lady borrowers can also get a discount of around 1%-2% on stamp duty charges,” mentioned Rahul Mehrotra, MD and CEO, of RHDFCL. We will tell you moreover details about the news.
Based on the report, this initiative is often motivated by promoting gender fairness in financial matters and encouraging women to search in real estate. Apart from this, Despite having a better profile than other categories of defaulters, ladies continue to face several challenges while retrieving formal finance. While women encounter challenges like gender bias and financial ability to read and write gaps, government schemes and inducements present chances for them in the real estate sector. As we know nowadays real estate has become the biggest source of investment. People invest in this sector to make money. Scroll down the page to know more information about the news.
Furthermore, women face challenges in buying homes, including gender bias, financial fence, limited awareness, and safety concerns, this thing also mentioned by the Kamaljeet Rastogi. The number of women purchasers amount is increasing because women are doing well in many sectors and they are making good money. So, this is the reason the women are taking place in the real estate. We have used several sources to make this article for the readers. We have tried our best to add valuable information about the news. If we get any further details we will tell you first at the same site. Stay tuned for more updates.