Nitin Gupta, Sr Vice President, Sales, Marketing and CRM, Mantra Properties on Women's Day

 

"The decision to buy a home, most often stems from a women’s need for stability and security of the family. At Mantra Properties, we believe that women have extraordinary potential to understand and invest in real estate. They are prudent investors who emphasise greatly on valuing our investments better, we see great progress happening in real estate by enhancing women's presence in it. We stand by the fact that women are equal in the society and it is our endeavour to create equal opportunities for them. 

 

We are glad that the government thinks so too and have been taking initiatives to encourage women invest more in real estate. Some additional benefits for women home owners can be; an additional set off on the stamp duty charges on properties registered in the name of women as primary owner and increased tax breaks on interest to female real estate investors. All banks should offer reduced rate of interest for women borrowers especially single women, on home loans and campaign aggressively.

 

We especially celebrate the PMAY scheme - it is very progressive in terms of women empowerment as it makes it mandatory for women to be the primary home owners. These are very effective ways to bring women into the mainstream of real estate and encourage women to buy homes even in the Tier-2 & 3 cities.”