Here is link that gives a view on investing in house in wife's name instead of own. There are some tax benefits apart from giving some sentimental satisfaction to wife.

https://in.finance.yahoo.com/news/benefits-buying-house-wifes-name-113038106.html?vp=1

Very true, I have done it to save registration charges that is lesser for women in our state. I think wife feels more secured with these small steps.

I think it is the same in all states, if I am not mistaken it is 1 percent less for women...Basically it is the mutual respect and feeling that counts and in most cases men do it for convenience and not bother about the wife's feelings. If there is any misunderstanding they will immediately change the title ddeds in their names which happens so many times....Instead if it is done in both names women get a better deal !

It is not simply a sign of respect but also to ensure a woman's security and share in estate that the home should be registered in wife's name. In my state, when a man is buying a home, it is mandatory for him to register it in his own as well as the wife's name. The law came into existence a few years ago, the registration has to be done together as a couple./

According to my lawyer there is no such rule Kalyani anywhere in India, thats why there is so much of confusion.They have been wanting to bring in a rule where any property bought after marriage has to be registered in both names but so far it is in papers only...Some lawyers and housing societies advise the married couple to register in joint names but it is apparently not mandatory !

Here is link that gives a view on investing in house in wife's name instead of own. There are some tax benefits apart from giving some sentimental satisfaction to wife.

https://in.finance.yahoo.com/news/benefits-buying-house-wifes-name-113038106.html?vp=1

Very true, I have done it to save registration charges that is lesser for women in our state. I think wife feels more secured with these small steps.

I think it is the same in all states, if I am not mistaken it is 1 percent less for women...Basically it is the mutual respect and feeling that counts and in most cases men do it for convenience and not bother about the wife's feelings. If there is any misunderstanding they will immediately change the title ddeds in their names which happens so many times....Instead if it is done in both names women get a better deal !

It is not simply a sign of respect but also to ensure a woman's security and share in estate that the home should be registered in wife's name. In my state, when a man is buying a home, it is mandatory for him to register it in his own as well as the wife's name. The law came into existence a few years ago, the registration has to be done together as a couple./

According to my lawyer there is no such rule Kalyani anywhere in India, thats why there is so much of confusion.They have been wanting to bring in a rule where any property bought after marriage has to be registered in both names but so far it is in papers only...Some lawyers and housing societies advise the married couple to register in joint names but it is apparently not mandatory !

Is that so Usha?? Because within the last few years, a husband's cousin bought a flat and it had to be registered in his as well as his wife's name, there are a couple of other friends who also had to do the same. That is why I thought it was a rule! Probably they were advised by the lawyers to do so then. But I still feel that it should be made mandatory to do so!

Here is link that gives a view on investing in house in wife's name instead of own. There are some tax benefits apart from giving some sentimental satisfaction to wife.

https://in.finance.yahoo.com/news/benefits-buying-house-wifes-name-113038106.html?vp=1

Very true, I have done it to save registration charges that is lesser for women in our state. I think wife feels more secured with these small steps.

I think it is the same in all states, if I am not mistaken it is 1 percent less for women...Basically it is the mutual respect and feeling that counts and in most cases men do it for convenience and not bother about the wife's feelings. If there is any misunderstanding they will immediately change the title ddeds in their names which happens so many times....Instead if it is done in both names women get a better deal !

It is not simply a sign of respect but also to ensure a woman's security and share in estate that the home should be registered in wife's name. In my state, when a man is buying a home, it is mandatory for him to register it in his own as well as the wife's name. The law came into existence a few years ago, the registration has to be done together as a couple./

According to my lawyer there is no such rule Kalyani anywhere in India, thats why there is so much of confusion.They have been wanting to bring in a rule where any property bought after marriage has to be registered in both names but so far it is in papers only...Some lawyers and housing societies advise the married couple to register in joint names but it is apparently not mandatory !

Is that so Usha?? Because within the last few years, a husband's cousin bought a flat and it had to be registered in his as well as his wife's name, there are a couple of other friends who also had to do the same. That is why I thought it was a rule! Probably they were advised by the lawyers to do so then. But I still feel that it should be made mandatory to do so!

Of course it should be made mandatory but it is still not a rule.....Like I said many progressive thinking lawyers and building societies advise their clients to do so since it gives equal right to couple...