A Must Read Home Buying Guide for Women


Since times immemorial, buying a house of your own has been synonymous with men deciding the how and where of it. However, in this gratifying era when some women have found, and some are finding their voices; them looking for their own spaces/homes feels like a natural progression in the current times. According to a recent study, over 30% home buyers in India today are women (among the top 8 cities). That is a terrific beginning!

And what’s more? The Indian regulations and laws are genuinely supporting the growing number of women who buy homes of their own. A few might be of the opinion that women do not need extra favours for these decisions, but we look at it as signs of encouragement.

If you are dabbling with the decision of buying a home, here’s an easy guide to the additional incentives that you can avail as a home buyer:

Tax Benefits: A woman who buys/owns a property, is eligible for a tax deduction up to Rs 1.5 Lakh on the principal loan amount. Also, the interest on the loan can be claimed as a deduction up to Rs 2 Lakh. You can check all the home loan related tax benefits here.

Friendlier interest rates: It has not taken the banks very long to sit up, and take notice of the rising trend of women home buyers and they have thus come up with interest rates that are lower for women than men. The difference may vary from one bank to another, but the start point of the difference is a minimum of 0.05% and then upwards basis the loan amount.

Lower stamp duty: Some states in India offer a lower stamp duty for women vis a vis for men. The difference can be to the tune of 2% also. And did you know, you can even claim your stamp duty and registration expense as part of your income tax deduction?

Housing for All: Government’s Pradhan Mantri AwaasYojana that focuses on affordable housing makes it mandatory for one female member of the family to at least co-own the house being bought, if not solely own it. You can check the affordable housing options with Provident Housing here.


Beyond the above-stated benefits, buying a home of your own can be a great boost to your investment portfolio along with helping you secure your future. So come, buy that haven which you call your own. Why celebrate the banal when you can stand out? Why rent when you can buy? As a first time home-buyer, if you need those few expert tips, click here.

We, at Provident Housing, celebrate womanhood and recognize the innumerable responsibilities that come along with it. We bring to you a dedicated website for women homebuyers – MyPinkHomes.com

Whether you are looking for flats for sale in Hyderabad or ready to move flats in Chennai or apartments in Mangalore or Bangalore; we are right here by your side, carving the horizons to make housing more premium yet affordable for you.

Wishing all you ladies out there, a Prosperous and Successful 2019!

Happy International Women’s Day 2019 #IWD2019