Friday 2 November 2018

Single Women Are Becoming First-Time Home Buyers



Are you a single woman dreaming of owning your new home? The market is waiting for you, it is wide open for your home purchase. Records say that more than one in five home buyers is a single woman. The number of single women entering the house market increases at a higher rate. Women enjoy home ownership as a great achievement in her life.  Top 3 reasons why single women buy a home.

Nowadays women are not waiting for getting married and shift to a home. Higher qualification, high-income levels, good financial stability, changing lifestyle etc give single women the confidence to buy a new home by her own. They are aware of the tax benefits applicable while owning a new home in her name. The trend of single women becoming first time home buyers represents women empowerment. The trend is most visible in metro cities. In India, women home buyers are getting many concessions and benefits such as concession in home loan processing fee, reduction in stamp duty, tax benefits on home loans etc.

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