Worldwide Girls’s Day 2025: The variety of girls homebuyers is steadily rising, with 1.29 lakh residential transactions registered solely by girls in 2024–a 14 per cent enhance from the earlier 12 months throughout high cities, in response to a report by Sq. Yards. Compared, male homebuyers noticed an 11 per cent development throughout the identical interval, added the report.
In keeping with Sq. Yards’ report ‘Key Holders of Change – Girls Driving Actual Property Progress and Transformation’ in 2024, complete residential transactions registered with IGR throughout key cities–Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Noida, Better Noida, and Ghaziabad–reached 5.77 lakh, reflecting a 4 per cent enhance from 5.56 lakh in 2023.
Because the report, residential transactions by sole girls consumers grew by 14 per cent year-on-year, reaching 1.29 lakh transactions, up from 1.14 lakh. This pushed their share in complete residential transactions to 22 per cent in 2024 from 20 per cent in 2023.
In distinction, transactions by sole male consumers rose by 11 per cent, from 1.96 lakh to 2.18 lakh. Joint possession (male + feminine) transactions declined by 7 per cent throughout the identical interval however remained the dominant class, accounting for 40 per cent of complete registered residential transactions.
Kanika Gupta Shori, COO and Founder, Sq. Yards mentioned, “As girls acquire larger empowerment by means of schooling, workforce participation, and monetary independence, they’re rising as formidable decision-makers and influential shoppers throughout industries–real property being no exception.”
“It is inspiring to see girls homebuyers develop from energy to energy every year. Whereas there may be nonetheless a protracted method to go, the present momentum speaks volumes, as girls proceed to emerge as a dominant pressure in homeownership, securing their futures with confidence,” she added.
Insights from Sq. Yards’ report reveal that homeownership sentiments amongst girls are at an all-time excessive. The evaluation of property registration paperwork exhibits a 14 per cent development in feminine consumers in 2024 yearly, and a 11 per cent development yearly throughout similar interval amongst male consumers.
Joint possession (male+feminine) registrations witnessed an 7 per cent annual drop.
The rise in feminine homeownership is being propelled by a mixture of presidency incentives, monetary advantages, and digital developments, as per the report.
A number of state governments supply stamp obligation concessions of 1-3 per cent and diminished registration prices of 0.5-1 per cent for feminine consumers.
Moreover, main main lenders present a 0.05 per cent discount in residence mortgage rates of interest for girls, the report mentioned including that tax advantages beneath Sections 80C and 80EE additional improve affordability, making property possession extra accessible.
Notably, know-how has additionally performed a vital function on this shift. Digital instruments like on-line property search platforms, mortgage calculators, and budgeting functions allow girls to make knowledgeable buy choices.
Social media, group boards, fintech improvements, and digital fee programs have improved accessibility and monetary inclusion, giving girls larger autonomy within the home-buying course of, the report added.