There has been a significant increase in the number of female buyers in India in recent years.
According to the latest ANAROCK Consumer Sentiment Survey, real estate is now the preferred investment asset class for 64% of women respondents.
One of the survey’s many highlights was the preference of women respondents for real estate as an investment asset class, which was followed by FDs (30%) and gold (17%). Men used to be the only ones in the family who made decisions in the past, but that has changed over time. Both men and women participate equally in the decision-making process when purchasing a home which applies to the flats for sale in north Kolkata. In fact, the majority of the time, the women in the homes have an influence on the decision to purchase a home.
Women are playing an increasingly important role in shaping the Indian real estate sector by breaking down gender barriers and assuming leadership positions across the board. Women are becoming entrepreneurs, developers, architects, and brokers, and their unique perspectives and ideas are contributing to the industry’s growth and development. Furthermore, the increasing number of female homebuyers and investors is driving demand for gender-sensitive real estate offerings and services. Overall, women are adding much-needed diversity and inclusivity to the Indian real estate sector, and their contributions are making the industry more vibrant, sustainable, and progressive.
This can be attributed to several factors, including:
As the education levels of women in India have risen, they have gained more financial independence and decision-making power in their households.
Traditional gender roles are shifting in India, and women are increasingly seen as equal participants in the workforce and economy.
As the Indian economy has grown and provided more job opportunities for women, they have gained greater financial independence and purchasing power.
The increased exposure to media and advertising has led to greater awareness of products and services, making women more informed and confident buyers.
With the widespread adoption of technology and the internet, women have greater access to information about products and services, making them more informed and empowered consumers.
Most Indian states have reduced the registration fees for women purchasing a property. In other words, when a woman registers a property in her name, she pays less stamp duty than men.
In some states of India, women are eligible for a lower stamp duty rate than men when purchasing property. This policy is implemented to encourage and support women’s property ownership and address the gender gap in property ownership. The lower stamp duty rates for women vary from state to state but typically range from 1% to 2% less than the standard rate. The policy is intended to help women overcome the financial barriers that may prevent them from purchasing property, and to promote their economic empowerment and independence. Additionally, the policy aims to increase the overall number of property owners, which can benefit the real estate companies in Kolkata & India in the market and the economy as a whole.
Oswal Real Estate Builders is a brand that women can trust when it comes to investing in property. With a focus on quality construction, transparency, and customer satisfaction, Oswal has established itself as a reliable and reputable name in the real estate industry. Women can feel confident in their investment with Oswal – creating value that resides for generations. With top-class 3 BHK flats in north Kolkata in tp housing projects such as Orchard Avaasa & 2 BHK flats in Cossipore offered by Orchard Amritaya, a housing project that provides the consumers with the chance to live by the holy Ganges, Oswal will continue to remain an automatic choice in the future for either of two genders.