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Posted by anuragmishra in Finance on May 30th Chris Wideman Womens Jersey , 2017


More and more women are stepping forth to make an investment in real estate thanks to their financial freedom. Although the number is not significant, this could very well be the start. Real estate as such is a secure and stable asset for all kinds of investors. Be it single or married women, the attitude towards investment has been changing. No longer is real estate just a man’s domain.


To attract more women looking to buy homes, developers, banks and even the government is coming up with different initiatives. These are aimed at making real estate a lucrative market for women.


Homemakers to home buyers


In a recent development, BGA Realtors, a KOLKATA-based real estate player Dion Phaneuf Womens Jersey , has cut its booking amount by half for women. Under its scheme unveiled on International Women’s Day, the developer is also offering a subsidy of Rs 2.20 lakh on Rs 6-lakh home loan for women. These loans, to be disbursed through Micro Housing Finance Corporation Ltd (MHFCL), come with a processing fee, unlike in the case of commercial loans.


Another renowned developer, Tata Housing, has collaborated with State Bank of India (SBI) to launch a scheme especially for female home buyers. Under the scheme Mike Condon Womens Jersey , the interested woman buyers have to pay only 20 per cent of the agreed value of the home upfront; the remaining 80 per cent is paid after possession.


In addition to the payment plan, SBI offers loans at a concessional interest rate of 9.5 per cent to its female customers, under a scheme called ‘Her Ghar’. The bank has also waived its processing fee for female home loan for women seekers. However, to avail of this scheme, the woman home buyer should be the sole applicant or one of the co-applicants of the home loan, and the sole or a co-owner of a property, according to SBI.


Power to all


SBI is not the only bank that is softening home loan for women interest rates for female buyers. In 2015 Mark Stone Womens Jersey , HDFC Bank, too, launched a special scheme to encourage woman home buyers under the name ‘Woman Power’. With this scheme, the bank disburses loans at an applicable interest rate of 9.85 per cent. This home loan product, which can be availed of by both joint and sole owners, is also available to women without any income of their own.