Women are steadily emerging as a formidable force in the Indian real estate market, with the number of residential transactions registered by female buyers rising by 14% in 2024. According to a recent report by Square Yards, 1.29 lakh residential transactions were registered solely by women across major cities, up from 1.14 lakh in 2023. This growth outpaced the 11% rise seen among male homebuyers during the same period.
The report, Key Holders of Change – Women Driving Real Estate Growth and Transformation, analyzed 5.77 lakh total registered residential transactions across key markets such as Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Noida, Greater Noida, and Ghaziabad. The share of women homebuyers increased from 20% in 2023 to 22% in 2024, highlighting a growing trend of female financial independence and changing societal norms.
In contrast, sole male buyers recorded 2.18 lakh transactions in 2024, reflecting an 11% increase from 1.96 lakh in 2023. Meanwhile, joint ownership transactions (male + female) declined by 7%, though they remained the dominant category, accounting for 40% of total registered transactions.
Experts attribute this surge in female homeownership to increased education, workforce participation, and favorable government policies. Kanika Gupta Shori, COO and Founder of Square Yards, emphasized the significance of this trend, stating, “As women gain greater empowerment, they are emerging as influential decision-makers in the real estate market. It’s inspiring to see female homebuyers grow from strength to strength each year.”
Echoing this sentiment, Tanuj Shori, CEO and Founder of Square Yards, noted, “Women are becoming a transformative force in property markets, backed by workforce participation and supportive government initiatives. Women now make up 53% of our clientele as sole or joint buyers.”
The increasing number of female homebuyers is supported by various government incentives and financial benefits, making homeownership more accessible. Several state governments offer stamp duty concessions of 1–3% and reduced registration charges of 0.5–1% for women. Additionally, major lenders provide a 0.05% reduction in home loan interest rates for female borrowers, while tax benefits under Sections 80C and 80EE further enhance affordability.
Technology has also played a crucial role in empowering women homebuyers. Digital platforms, including online property search tools, mortgage calculators, and budgeting apps, have enabled women to make informed investment decisions. Fintech innovations and digital payment systems have further facilitated financial inclusion, granting women greater autonomy in the homebuying process.
As the trend of female homeownership continues to rise, experts believe it marks a significant shift in the real estate landscape, reinforcing the growing financial independence of women in India.
