2024 Sees 14% Increase in Homes Registered Exclusively by Women

Homeownership is no longer a distant dream for women in India. In 2024, there has been a 14 percent increase in home registrations solely by women, signaling a strong shift toward financial independence and security. This trend reflects not only changing societal norms but also the confidence of women in making long-term investment decisions. From tax benefits to affordable home loans and government incentives, multiple factors have encouraged this surge. But how can this momentum continue?

Let’s break it down into key aspects, from why more women are investing in homes to what can be done to encourage this further.

Why More Women Are Registering Homes in 2024

1. Tax Benefits and Financial Perks

Women homeowners in India enjoy significant tax benefits. A woman buying a home in her name can claim tax deductions up to INR 2 lakh on home loan interest under Section 24(b) and an additional deduction of up to INR 1.5 lakh under Section 80C. Moreover, many state governments offer a lower stamp duty rate for women, making property ownership a financially attractive option.

2. Favorable Loan Policies

Banks and financial institutions have recognized the need to support women in homeownership. Many home loan schemes, designed to encourage property ownership by women, come with lower interest rates, reduced processing fees, and longer repayment tenures. Lenders also offer exclusive benefits, making it easier for women to step into homeownership.

3. Investment for Stability and Future Security

Owning property provides a sense of stability, security, and financial growth. Unlike renting, where monthly payments do not build an asset, buying a home gives women long-term capital appreciation and a valuable asset for the future. More women are seeing real estate as a smart investment option that can also be passed down to future generations.

4. Rising Urban Migration and Career Growth

With more women pursuing higher education and securing well-paying jobs, independent financial planning has become a priority. Many women are purchasing homes close to business hubs, IT parks, and educational institutions for convenience and work-life balance.

Do you know Why Real Estate is Still One of the Safest Investment Option?

What Can Be Done to Continue This Growth?

1. Increased Awareness Through Financial Literacy Programs

Despite the positive shift, many women are still unaware of the financial perks available to them. Real estate companies, banks, and financial institutions should conduct dedicated financial literacy programs tailored for women. These programs should focus on real estate investments, home loans, tax benefits, and long-term financial planning.

2. Tailored Housing Schemes for Women Buyers

Government bodies and private developers can launch exclusive homeownership schemes for women. Flexible payment plans, discounted EMIs, and additional subsidies can make it easier for women to purchase homes.

3. Support from Real Estate Developers

The real estate industry plays a major role in making home buying easier for women. The best builders in Kolkata and across India can introduce women-friendly property deals, flexible home financing options, and co-ownership plans. Developers should also offer amenities that cater to women’s preferences, such as security features, community spaces, and child-friendly facilities.

4. Encouraging Workplace Benefits for Home Buying

Many companies have started offering housing benefits as part of their employee perks. Providing female employees with access to corporate home loan tie-ups, rental assistance, or even direct incentives for home purchases can contribute to the continued rise in homeownership by women.

Sugam Homes: A Trusted Name in Kolkata’s Real Estate Market

For those looking for sustainable, eco-friendly, and thoughtfully designed homes, Sugam Homes stands out as the best real estate company in Kolkata. Our projects integrate nature and modern living, ensuring that residents enjoy a green and healthy lifestyle. From architectural planning to long-term maintenance, our properties reflect our commitment to sustainability.

The dedication and innovation behind our projects have earned us multiple prestigious awards in the last four years. If you’re considering a home purchase, Sugam Homes provides an excellent balance of contemporary living and environmental consciousness, ensuring a better future for homeowners.

Final Thoughts

The rise in home registrations by women in 2024 is not just a passing trend—it’s a transformation. Financial independence, security, and investment opportunities have propelled this movement, and with continued support from financial institutions, developers, and policymakers, the numbers will only grow.

For those still contemplating whether to invest in real estate, the time is now. Women homebuyers today are shaping the future of the real estate market, proving that property ownership is not just about financial growth—it’s about empowerment, stability, and long-term security.