Women Homebuyers in India See Record 14% Growth in 2024
A Square Yards report reveals increasing female financial independence and government incentives driving a surge in property purchases by women.
- Women registered 1.29 lakh residential property transactions in 2024, a 14% increase from 2023, outpacing the 11% growth among male buyers.
- The share of female homebuyers rose to 22% of total transactions in 2024, up from 20% the previous year, reflecting a shift toward financial autonomy.
- Joint ownership transactions (male and female) declined by 7%, indicating a trend of more women opting for independent property ownership.
- Government incentives, such as reduced stamp duties, lower registration fees, and discounted home loan interest rates for women, have played a key role in this growth.
- Technology, including digital property tools and fintech innovations, has empowered women to make informed investment decisions and enhanced financial inclusion.