Recently, a study was conducted on women homebuyers in the real estate industry and it found that nearly 42% of women are interested in real estate as an investment asset class. This data proves that as more and more women are becoming homeowners, the banks, real estate companies, and the government keep on introducing new policies and many initiatives for them. 

The real estate industry offers a plethora of benefits to women homebuyers and these benefits can range from low interest rates to various initiatives by the government. This has resulted in a steady growth of the real estate industry in recent years. In this blog, we are going to learn about some of these benefits with a special focus on Central Park Gurgaon and how it caters to the needs of every woman. 

Lower Interest Rates On Home Loans

Banks and other financial institutions offer home loans at a reduced interest rate exclusively meant for women. Moreover, the introduction of schemes, many offers, and numerous initiatives with other provisions are provided in order to encourage more women homebuyers. The sort of benefits motivate women to buy property for their family members. You can also avail of such benefits when you buy any of the Central Park Properties. 

There are specific schemes by many Indian banks such as ‘Her Ghar’ by The State Bank Of India, ‘Women Power’ by HDFC Bank, Mahila Awas Loans, and more.  Women can avail of any of the benefits included in these schemes if they plan on investing in the Central Park New Launch. 

The concept of Co-borrowing

For first-time homebuyers, whether it be anyone, it sometimes gets difficult to meet the eligibility criteria for availing of home loans. But this process becomes super convenient if couples apply for a loan as co-borrowers. Co-borrowers can easily get a home loan from any bank with simple terms and conditions as the income of both the co-borrowers is considered in this case. 

Central Park homes are the perfect haven for couples because it is laden with the most luxurious amenities and strikes the perfect balance between comfort, style, and sophistication. These houses are beautifully designed so that you can call it a home. 

The Pradhan Mantri Awas Yojana

Women are given more preference as compared to males under the Pradhan Mantri Awas Yojna. According to the terms, it is mandatory to have at least one female member registered as the owner of the property. With the PMAY scheme, the government can provide up to rs. 2.67 lakhs only if a woman holds ownership of the property. Additionally, women can also avail of almost a 6.5% interest subsidy of up to Rs. 6 lakhs of the entire loan amount if they come under the EWS category. With the introduction of this scheme, the number of first-time women homebuyers has substantially increased. 

Invest in Central Park New Launch and avail even more benefits of owning a luxury home in the bustling city of Gurgaon. All the Central Park Properties are laden with the most exclusive amenities and it is situated in a very strategic location to make your daily life easier. 

Conclusion 

Recent studies in the field of real estate have shown that 47% of the women homebuyers are aged between the ages of 25 to 35 years and 41% of them are aged between 35 to 45 years. In recent years, real estate has seen a massive growth in women homebuyers and several builders like Central Park are also focusing on bringing innovative services. 

Consider investing in Central Park Properties because along with the many monetary benefits you also get a lot of exclusive amenities that include enhanced safety features, modern technologies, sustainable practices, and more.