In a move to empower women financially, the Tamil Nadu government has introduced a 1% concession on property registration fees for women buyers. The decision, issued through a Government Order (GO) by the Commercial Taxes and Registration Department, aims to boost female property ownership in the state.
Encouraging Women’s Property Ownership
The initiative reduces the registration cost for properties registered solely in a woman’s name. Officials believe this will motivate more women to invest in real estate, strengthening their financial security.
Key Benefits of the Scheme
✔️ 1% reduction in property registration fees
✔️ Encourages female homebuyers and investors
✔️ Promotes women’s financial independence
✔️ Boosts the real estate sector in Tamil Nadu
Implementation & Eligibility
The revised registration fee structure applies to both urban and rural properties registered in a woman’s name. Further details regarding eligibility and implementation are expected soon.
