Your Home Under Your Wife's Name:Benefits Behind It
Owning a residential property has its own sentimental value. Residents are now gradually transitioning from living as tenants to real-time home owners. Brigade Parkside East by Brigade Groups is one such project that is strategically located at Sarjapur Road, Bangalore. We have also noticed a trend where women are proactively approaching realtors to fulfill their residential expectations. This is a trend that will not only empower women in general, it provides diverse range of benefits as well. We are now heading towards a realization of gender equality and women, most often than not are proving their worth by attaining to some of the highest positions in the society. There are specific laws that are in place that facilitates the process of property purchase exclusively for women. Renowned realtors in and around Bangalore have realized this opportunity and have targeted potential markets so they establish long-standing relationships for future business prospects.
Brigade Parkside East on Sarjapur Road, Bangalore comprises of prestigious schools, colleges and medical institutions along with IT tech parks which is great for potential investors who are on the look out for potential tenants. Another important factor about women planning to own residential properties is that it gives a sense of independence and self-worth which is then backed up with attractive financial benefits.
Perks of Investing and Owning Residential Properties as a Woman
As a woman, there are many advantages when one plans on investing property as a woman. It gives a sense of freedom and independence when women visit real estate properties to meet their respective residential requirements. However, in order to sell most of the unsold inventories, realtors and financial institutions are coming with exclusive offers and benefits that are provided to women if they solely own a property or co-own a property with their partner. Brigade Parkside East prices are nominal at the initial stages and the project has worked with some of the prestigious banking institutions so residents get attractive interest rates for their home loan needs.
Varied Tax Benefits: Brigade Parkside East
This is an important aspect when it comes to women owning residential properties. There are diverse range of tax benefits to women you independently own properties. However, there is a catch to this. If a married couple has a partnered ownership on a property and the spouse doesn’t have an alternate source of income, the couple, in this case cannot avail the necessary tax deductions. In order to avail that, women should have their separate source of income which is not hard to find these days.
Lower Interest Rate for Potential Home Buyer
Before planning on a residential property investment, it is important that residents decide on a budget so they have an idea of how they could curtail other expenses. In such cases, investors are advised to aim at a lower budget to avoid risks of ending up house-poor. It takes a lot of planning when it comes to acquiring home loans. Having a good credit score, no debts when a resident is planning to apply for a loan and a stable employment records are crucial for lenders to have confidence to lend out money for their investment needs. As far as women property investors are concerned, banks like SBI, ICICI and HDFC are handing out lower interest rates for varied principal amounts on home loans. This is crucial as this helps owners to categorically plan on their other expenses to sail into a profitable future.
We could now conclude that Bangalore has now encouraged women to come and look at properties so it encourages other women across the city to take that leap towards owning properties. Brigade Parkside East has checked all the boxes for a comfortable living experience, keeping in mind the customer delight as their sole responsibility.
So, hurry up!!!!!!! Only 282 units are available for lifetime possession. Call us now @ 91 8123982020 or log on to brigadeparksideeast.grihhpravesh.com
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