The Hyderabad real estate market is witnessing a remarkable shift as women emerge as influential property buyers. In 2024, Hyderabad recorded 1.29 lakh residential transactions by women, reflecting a 14% increase compared to the previous year. This surge underscores the growing financial independence of women and their active role in property investments.
A Nationwide Trend
While Hyderabad leads this positive shift, other major cities like Mumbai, Navi Mumbai, Thane, Pune, Bengaluru, Noida, Greater Noida, and Ghaziabad are also experiencing a rise in women homebuyers. This increase is driven by factors such as improved financial stability, government incentives, and enhanced access to home loans.
Interestingly, while male buyer transactions increased by 11% in 2024, female buyers outpaced this with a 14% growth rate. Additionally, joint ownership transactions (male + female) saw a 7% decline, highlighting the growing independence of women in making solo property investments.
Key Benefits for Women Homebuyers
Women investing in real estate can enjoy several financial advantages, including:
- Stamp Duty Concessions: Women buyers benefit from up to a 3% reduction in stamp duty charges in several states, including Telangana, reducing the overall cost of property registration.
- Lower Home Loan Interest Rates: Many banks offer a 0.05% reduction in interest rates for women applicants, making homeownership more affordable.
- Tax Benefits: Women can claim deductions of up to Rs 2 lakh on home loan interest payments under Sections 80C and 80EE, enhancing tax savings.
- Pradhan Mantri Awas Yojana (PMAY): This government scheme mandates that at least one female must be registered as the property owner, ensuring financial security for women.
- Empowerment through Digital Tools: Platforms like mortgage calculators, property search portals, and fintech solutions empower women to make informed decisions with greater ease.
Why Women Are Leading This Shift
Experts credit this trend to the rising workforce participation of women, supportive government policies, and digital advancements that simplify the home-buying process. As women take charge of their financial futures, Hyderabad, Mumbai, Pune, Bengaluru and other metropolitan cities are witnessing a new wave of confident female investors transforming the real estate landscape.
With increasing awareness and incentives in place, now is an ideal time for women to explore real estate investments and secure their financial independence.
