The number of women homebuyers is steadily rising, with 1.29 lakh residential transactions registered solely by women in 2024—a 14% increase from the previous year across top cities. In comparison, male homebuyers saw an 11% growth during the same period.
Gurugram, Haryana, 7th March 2025 - The real estate market is witnessing a shift as women increasingly take on active roles in homeownership. Recent residential registered transaction data indicates a rise in female homebuyers, signalling broader financial independence and changing societal dynamics.
According to Square Yards’ report ‘Key Holders of Change - Women Driving Real Estate Growth and Transformation’ in 2024, total residential transactions registered with IGR across key cities—Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Hyderabad, Noida, Greater Noida, and Ghaziabad—reached 5.77 lakh, reflecting a 4% increase from 5.56 lakh in 2023. Notably according to the report, residential transactions by sole women buyers grew by 14% year-on-year, reaching 1.29 lakh transactions, up from 1.14 lakh. This pushed their share in total residential transactions to 22% in 2024 from 20% in 2023.
In contrast, transactions by sole male buyers rose by 11%, from 1.96 lakh to 2.18 lakh. Joint ownership (male + female) transactions declined by 7% during the same period but remained the dominant category, accounting for 40% of total registered residential transactions.
Ownership-wise Spilt of Registered Residential Transactions | |||
Type of Ownership | 2024 No. of Units in Lakh (% share) | 2023 No. of Units in Lakh (% share) | YoY % Change (2024 vs 2023) |
Joint (Male+Female) | 2.30 (40%) | 2.47 (45%) | -7% |
Male | 2.18 (38%) | 1.96 (35%) | 11% |
Female | 1.29 (22%) | 1.14 (20%) | 14% |
Total Units | 5.77 | 5.56 | 4% |
Source: IGR, Square Yards
Kanika Gupta Shori, COO and Founder, Square Yards said, “As women gain greater empowerment through education, workforce participation, and financial independence, they are emerging as formidable decision-makers and influential consumers across industries—real estate being no exception. Our data reinforces this ongoing shift: in 2024, residential transactions across top cities with women as sole owners grew by 14% annually, outpacing the 11% growth seen among sole male buyers. It’s inspiring to see women homebuyers grow from strength to strength each year. While there is still a long way to go, the current momentum speaks volumes, as women continue to emerge as a dominant force in homeownership, securing their futures with confidence.”
Insights from Square Yards’ report reveal that homeownership sentiments among women are at an all-time high. The analysis of property registration documents shows a 14% growth in female buyers in 2024 annually, and a 11% growth annually during same period among male buyers. Joint ownership (male+female) registrations witnessed an 7% annual drop.
Tanuj Shori, CEO and Founder, Square Yards said, "Women homebuyers are emerging as a transformative force in the property markets, propelled by increasing workforce participation and supportive government initiatives. The numbers speak volumes—this year alone, 1.29 lakh residential transactions were registered under sole women homebuyers. Underscoring this trend, women make up close to 53% of our clientele as sole or joint homebuyers on our platform. At Square Yards, we recognize the invaluable perspectives women bring to the industry, both as discerning buyers and influential contributors. By championing their voices and fostering opportunities, we are steadfast in our commitment to building a stronger, more inclusive real estate ecosystem.”
Note: Analysis includes Pune, Thane, Mumbai, Navi Mumbai, Bengaluru, Hyderabad, Noida, Greater Noida, Ghaziabad unless mentioned otherwise. Includes both primary and secondary residential registered transactions for apartments, plots and villas for the mentioned period. Rounded off to the nearest lakh.
Source: IGR, Square Yards
The rise in female homeownership is being propelled by a combination of government incentives, financial benefits, and digital advancements. Several state governments offer stamp duty concessions of 1–3% and reduced registration charges of 0.5–1% for female buyers. Additionally, leading major lenders provide a 0.05% reduction in home loan interest rates for women. Also, tax benefits under Sections 80C and 80EE further enhance affordability, making property ownership more accessible.
Notably, technology has also played a crucial role in this shift. Digital tools like online property search platforms, mortgage calculators, and budgeting applications enable women to make informed purchase decisions. Social media, community forums, fintech innovations, and digital payment systems have improved accessibility and financial inclusion, giving women greater autonomy in the homebuying process.
Initiatives to support women homebuyers in India | |
Policy Initiatives | · Mandatory to have at least one woman member registered as the owner of the property under Pradhan Mantri Awas Yojana (PMAY) · First-time homebuyers (men and women) can avail the benefits of up to Rs 2.67 lakh subsidy under the Central Government’s PMAY’s Credit Linked Subsidy Scheme (CLSS). |
Concession on Stamp Duty
| · Concession on stamp duty across various states and UTs of up to 1-3% and of 0.5-1% on registration charges such as Maharashtra, Uttar Pradesh, Jammu Kashmir, Assam, etc. |
Home loan Interest rates waivers | · Major lenders offer concessional interest rate of up to 0.05% p.a. if woman is main applicant/co-applicant for home loans |
Tax incentives on home loan
| · Incentives such as 80C, 80EE, 24b of Maximum 1.5 lakh on principal amount, Maximum 1.5-2 lakh on interest component |
Source: Official Sources, Square Yards
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