The times have changed when women were not considered wise enough to make an investment which included a large sum of money. Women now extend their skills in not only being a homemaker but also house purchaser. According to the reports, 74 percent of the real estate buying decisions are influenced by the women or the female members of the family.

Women are more actively involved in the purchase of the property. Before purchasing the property, they familiarise with the legal and technical process that is involved for the same.
 
Women not only perform the proper due diligence but are also calculative about the tax benefit, the amount of registration and stamp duty charges and how much loan they can take from the bank without hurting their normal expenditure. The change in the socio-economic condition has led the women to decide on the real estate sector that has predominantly been male driven in past.
Women are more open to investing their hard-earned money in the sector that can fetch them better result as compared to precious stones, FDs, mutual funds etc.
 
Factors women look at before investing in real estate:
Women consider various factors when investing in a house. Factors like safety and security, schools, colleges, medical facilities, restaurants, banks, connectivity, ATMs, make the cut. Other factors like cost, amenities, lifestyle features come into play when deciding to buy the property.
 
Single women homeowners
For a single woman, the proximity to the workplace is the major factor when it comes to buying the property. Living near the place of work given them the ease to access and sense of security. Ready to move in apartments are the main choice for single women homeowners. Many benefits of investing in the ready to move in apartments include no GST, various tax deductions on the principal and interest amount payable.
 
Schemes for women buyers
There are plenty of advantages that women enjoy when buying a property. The central and state government have introduced various schemes to encourage more women to invest in real estate.
 
Preference under PMAY
Women homey buyers get special preference under the Pradhan Mantri Awas Yojana (PMAY) for the ‘Housing for All by 2022’ mission. For the first time homebuyers, the scheme allowed the subsidies of Rs 2.35 lacs and Rs 2.30 lacs to the eligible applicants depending on their annual income. The scheme is offered under the CLSS and can be availed by the households in the MIG having an annual income of Rs 6 lacs to Rs 18 lacs.
 
Stamp duty waiver
Many states like Uttar Pradesh, Delhi, Punjab, Haryana, NCR, Jharkhand and Rajasthan allow partial waiver of the stamp duty for the women homebuyers or the properties registered under the name of women. This has increased the number of women buyers.
 
Home loan interest rates for women
Most private and public sector banks offer home loans specifically curated for women buyers. They offer the interest rate that is up to 1 percent less than the actual home loan rate to encourage more women to buy the house.
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