Here we will share real estate news with you. Right now the question is whether we will find a development in the number of women buyers? Women stand out as key real estate buyers. Some experts believe that the rise in the number of female home buyers in India is due to many factors. Will this trend continue in 2024? What is the opinion of industry experts? Here we will discuss the whole issue of women real estate buyers. This question is widely circulated on the Internet. Let’s continue the article.
The real estate sector is experiencing an upswing
According to the report, several banks and financial institutions offer important home loan interest rate compromises for women borrowers, which can vary from lender to lender. “Generally, the trade-off ranges from 0..05% to 0.10% on standard home loan interest rates,” Kamljeet Rastogi, who works as the chief executive officer of Manipal Business Solutions, mentioned this information. Further, depending on the region and state, borrowers can also get a discount of around 1%-2% on stamp duty,” said Rahul Mehrotra, MD and CEO, RHDFCL. We will tell you more details about the news.
Based on the report, this initiative is often motivated by promoting gender equity in financial matters and encouraging women to search for real estate. Additionally, despite having a better profile than other categories of defaulters, ladies still face several challenges while recovering formal finances. While women face challenges such as gender bias and lack of financial literacy, government programs and incentives present them with opportunities 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 learn more about what’s new.
Furthermore, women face challenges in buying homes, including gender bias, financial fence, limited awareness and security concerns, which was also mentioned by Kamaljeet Rastogi. The number of female customers is increasing because women are doing well in many sectors and earning well. So that’s why women are in real estate. We used several sources to create this article for readers. We have tried to add valuable news information. If we receive further details, we will notify you first on the same site. Stay tuned for more updates.
Categories: Trends
Source: HIS Education