Women Homebuyers likely to grow in the coming years

Women in India have finally stepped out from the shadows of patriarchy and are actively pursuing their dreams to make them a reality by becoming financially stable and independent. The real estate market is witnessing growth as far as women homebuyers are concerned in the country. They are also taking part in choosing and buying a property which was mostly done by the male members of the family.

As per the study- 77% of women buy homes for end-use as compared to 62% of men in India. Among women investing in real estate in Delhi NCR, the report says that 61% are home buyers while 39% consider a property as an investment purpose. Pan India, 22% of those women who want to invest in NCR, prefer Gurugram, followed by Noida, Greater Noida, Delhi and Ghaziabad where Gurugram is the most favourite destination of women’s homebuyers.

Mr. Pradeep Aggarwal, Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development, Founder and Chairman – Signature Global India Pvt. Ltd. said, “As education and career take women away from their hometowns, property investment becomes a way of building long term stability for them. Proximity to work is a matter of choice among women homebuyers. Adding on, as per the reports also, women investors prefer affordable housing in Gurugram rather than the other housing segment, so being a pioneer in affordable housing; we are creating the scenario and trying best to make more and more options available for the women homebuyers in affordable housing.”

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