In India’s real estate landscape, a new story is unfolding—one that celebrates the increasing role and independence of women. Despite its historically male-dominated nature, women are now assuming pivotal roles in reshaping the industry. They are making remarkable progress across diverse positions, from serving as real estate consultants to leading development firms. With growing financial autonomy, women have become crucial players in both home purchasing and investment. Their active participation has spurred rapid industry expansion and unprecedented development.

Advancing Gender Equality and Opportunities

Achieving gender equality within the real estate consultancy firms and sectors is crucial for fostering inclusivity and ensuring equal opportunities. Despite historical male dominance, women are breaking barriers and carving out opportunities as advisors, partners, agents, and executives. Their escalating financial independence has positioned them as significant players in both home buying and investing, contributing to the sector’s growth, which now accounts for 6% of the country’s GDP. According to a CREDAI survey, women currently constitute 23% of the real estate workforce.

Women are reshaping property ownership dynamics, viewing real estate investment as a means to attain financial independence and self-determination. Regulatory reforms and technological integration have enhanced industry professionalism.

Government Support

The Indian government is actively encouraging women’s participation in real estate services through initiatives such as constructing additional houses and providing support to middle-class families, aimed at bolstering women’s homeownership. Women investors benefit from incentives such as reduced stamp duty rates, property registration charge rebates, property tax concessions, and lower home loan interest rates. For instance, in Delhi, women enjoy a reduced stamp duty rate of 4% compared to 6% for men, leading to lower property acquisition costs.

Under Section 80C of the Income Tax Act, women can leverage property advisory services to optimize home loan principal repayments, thereby reducing taxable income. Joint ownership options with spouses or family members enhance tax benefits, enabling women to share loan repayments and avail higher deductions collectively. Women homebuyers also benefit from rebates on property registration charges in select states, offering additional savings. Several banks and NBFCs offer women borrowers lower interest rates and customised financing schemes, facilitated by expert property advisory, facilitating access to affordable financing options.

Promoting Financial Literacy and Inclusion

While significant strides have been made in encouraging women’s participation, ensuring financial literacy remains crucial. Simplified real estate consultancy firms can empower women to make informed investment decisions independently.

Through government policies and financial incentives, women are presented with opportunities to achieve financial autonomy through real estate ventures. As investors, executives, and decision-makers, they are reshaping the industry and influencing consumer choices. With informed professionals and inclusive legislation, women are poised to continue making significant contributions to the growth and development of India’s real estate sector. To delve deeper into the evolving real estate landscape, visit The Guardians Real Estate Advisory firms’ website or schedule an appointment with one of our real estate experts.