TomorrowMakers

Anarock Research, a leading real estate consultant, found in its Consumer Sentiment Survey that 65% of women prefer investing in real estate. Around 20% of the women respondents in the sample preferred investing in stocks, 8% in gold, and 7% in FDs (fixed deposits). It is important to note that around half of the total sample size of 5,500 respondents were women.

Survey Findings on Women's Investing Preference in Real Estate

The survey found that:

• 83% of the survey's women respondents prefer buying homes priced more than Rs. 45 lakhs.
• 36% of the women prefer investing in real estate ranging within Rs. 45-90 lakhs.
• 27% of the women prefer investing in residences ranging from Rs. 90 lahks to Rs. 1.5 crore.
• 20% of the women invest in luxurious residential properties priced above Rs. 1.5 crore.

Also Read: Top 4 Long-Term Investment Options for Good Return

Top 5 Findings of Anarock Survey on Women Investing in Real Estate

1. Women's Investing Pattern Influencing Supply

Anarock Group's Vice Chairman Santhosh Kumar said that women have become a major segment in the last 10 years to invest in the residential real estate market. He went on to say that women's preferences are now influencing the supply of real estate properties put on by the developers in the market. They prefer budget-specific residential properties over ready-to-move and bigger homes in urban areas.

2. Progressive Government Policies Promoting Home Ownership by Women

The leading real estate consultant noted in their report that progressive government policies have promoted women's home ownership.

Example:

• In 2015, the central government introduced the Pradhan Mantri Awas Yojna (PMAY).
• According to this scheme, residential properties should be registered in a woman's name, either as the sole owner or co-owner.
• The PMAY scheme reportedly helped to empower women in the lower-income segment.

Also Read: New Mahila Samman Saving Certificate Scheme 2023-25

3. Lower Stamp Duty for Women

If you register a real estate property in a woman's name, you can enjoy an exemption of 1-2% on your stamp duty.

The exemption may vary according to two factors:

• The state in which you are buying the real estate property.
• The “Rural” or “Urban” classification of regions in a state.

Example:

In India, a few states offer stamp duty relaxation for women real estate buyers. Some of these states are:

1. Haryana
2. Punjab
3. Rajasthan
4. Uttar Pradesh
5. Delhi

4. Discounted Rates on Home Loans for Women

If a real estate property is registered in a woman's name, you can receive home loans at a lower rate from several banks. As a woman, you can receive a home loan that is usually 0.25% lower than a man's.

5. Tax Benefits

As a woman, you can avail certain tax benefits by becoming a joint property owner with your husband. You and your husband can claim tax deductions individually if you have a separate income source.

Also Read: Top 5 Post Office Schemes with Tax benefits and Guaranteed Return

Final Words

Investing pattern for women has seen a significant change in the last few years. The ratio of women purchasing properties for end-use and investment has shifted towards the latter over time. Earlier, the end-use-to-investment ratio was 82:18. However, the survey shows that women's end-use-to-investing ratio in real estate stands at 77:23 currently.

Progressive government policies, such as discounted home loan rates for women, tax benefits, and lower stamp duty, are helping women choose real estate as a preferred mode of investment over other assets like stocks, gold, and FDs.