Women Property Buyers on the Rise

With equal opportunities and independent women on the rise, it comes as no surprise that the real estate market is witnessing a boom in investors as well. Be it in the form of an investment or as a personal asset, women are no longer shying away from big purchase decisions. This Women’s Day, secure your future with an investment in an ongoing project in Thane or a completed luxury apartment in Mulund.

Here, we take a look at the benefits that have encouraged women to become homeowners along with homemakers.

Financial and Social Security

Nothing offers more guarantee and safety than land in an uncertain world. With stock market crashes reaching unprecedented lows and banks offering no major benefits, a real estate property is a reliable investment. For women, securing their place with a home gives them the freedom and peace of mind to live life on their terms knowing they will always have a roof over their heads.

Home Loan Tax Benefits

One of the biggest considerations when purchasing your 2 BHK property in Thane is a home loan. The loan amount and terms determine the ease and duration of repayment. In an attempt to encourage women homeowners, there are additional tax benefits offered on home loans by women. Further, a lot of banks offer lower interest rates and allow for a larger sum to be borrowed making it easier for women to buy property in India.

Reduced Stamp Duty Charges

In India, women have to pay a lower stamp duty on properties than men. While the difference may differ across states, it is more economical to purchase a residential property in Mulund in a woman’s name rather than a man’s. This has also encouraged married couples to buy the property in the wife’s name. However, this waiver applies to single women as well.

Pradhan Mantri Awas Yojana (PMAY) Benefits

This policy was launched to further encourage women’s involvement in real estate. Under this scheme, a woman homeowner can avail a subsidy of up to INR 2.6 lacs on the home loan. This scheme can be availed regardless of a woman’s marital status. However, it is important to note that this scheme is only applicable for new houses purchased under this scheme at the time of home loan and not for previous property purchases.

Longer Home Loan Tenure

Paying back a home loan takes time. While some people prefer a reduced tenure due to a higher interest rate, others prefer a longer duration which reduces their burden on payment. Women property buyers are generally offered favourable terms such as lower interest rates and longer tenure making it easier to pay back the loan without compromising on their other responsibilities.


Women have been consistently proving themselves to be better or at par than their male counterparts in every industry. With all these benefits available to women homeowners, this is the right time for women to buy a 2 BHK studio apartment in Thane from a trusted developer like Ace Realty.