Here we are going to share with you the news about real estate. At this point the question arises: will we see an increase in the number of female buyers? Women are emerging as key home buyers. Some experts believe that the rise in women homebuyers 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 real estate buyer issue. This question is widely circulated on the Internet. We continue the article.
Real estate sector witnesses an increase
According to the report, several banks and financial institutions offer significant compromises on home loan interest rates for women borrowers, which can vary from lender to lender. “Generally, the commitment ranges between 0.05% and 0.10% over standard home loan interest rates,” says Kamljeet Rastogi, CEO of Manipal Business Solutions, according to this information. Additionally, depending on the region and state, borrowers can also get a discount of around 1% to 2% on stamp duty charges,” mentioned Rahul Mehrotra, MD & CEO, RHDFCL. We also tell you details about the news.
According to the report, this initiative is often motivated by promoting gender equality in financial matters and encouraging women to pursue real estate. Apart from this, despite having a better profile than other categories of defaulters, women continue to face several challenges in obtaining formal financing. While women face challenges such as gender bias and deficiencies in their financial ability to read and write, government schemes and incentives present them with opportunities in the real estate sector. As we know today, the real estate sector has become the largest source of investment. People invest in this sector to make money. Scroll down the page to learn more about what’s new.
Additionally, women face challenges when purchasing homes, including gender bias, financial hurdles, limited awareness, and safety concerns, something Kamaljeet Rastogi also mentioned. The number of women buyers is increasing because women do well in many sectors and make a lot of money. So, this is the reason why women have a place in the real estate sector. We have used several sources to compose this article for readers. We have tried our best to add valuable information about the news. If we get more details, we will inform you first on the same site. Stay tuned for more updates.
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Source: vtt.edu.vn