Women property rights.

Q: Hi, I m a woman property buyer and want to know about the women property rights.

Sanjana Jain, Mumbai

28th March 2013

Legal in Mumbai

women property rights

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Replies (4)

The benefit of reduced stamp duty has been given to women irrespective of her decision whether she has bought for investment, resale or otherwise.. With increasing circle rates, this decrease of stamp duty is a boon to women..

Manisha Soori, Gurgaon

19th April 2013

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Hi Richa, I know some of them.. In Delhi, stamp duty rates are calculated at 4% for females and 6% for males.. For properties in Gurgaon, stamp duty for properties purchased by females is 2% less than purchased by males..

Veena K,

18th April 2013

Comment

I agree with Harsha, Also, in some states, governments have differential stamp duty rates for men and women in transactions of immovable property.. In the state of Maharashtra, Bombay stamp act does not have any distinction between male and female buyers.. However, any one has any idea for other states?? Please enlighten..

Richa, Delhi

18th April 2013

Comment

There are several laws in place for women buyers.. The main motive is to secure women's financial position and encourage them to invest more in properties.. After Hindu Succession Amendment Act in 2005, significant changes have been made in inheritance laws.. As per the Act, the daughter will become the part of the will in her own right upon birth.. Now a daughter is entitled to a share equal to that of a son..

Harsha Mahipal , Bangalore

18th April 2013

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