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’, 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 in 2024, reflecting a 4% increase from 5.56 lakh in 2023.
Notably, 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.
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. Number of units rounded off to the nearest lakh.
Source: IGR, Square Yards
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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.
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