More Women Prefer Investing In Real Estate Than Stocks And Gold, Says Report

At least 65 % girls respondents of a survey desire to put money into actual property, adopted by 20 per cent favouring the inventory markets.

Real property marketing consultant Anarock has performed a survey that implies that 65 % girls respondents desire to put money into actual property, 20 % in shares and solely 8 % of them in gold.

According to the report, 8 % of girls respondents favour gold, and seven % desire FDs (fastened deposits).

The pattern measurement of the patron survey was 5,500, out of which 50 % respondents have been girls.

The report stated that 83 % of girls respondents are houses priced above Rs 45 lakh. Affordable houses below this worth are the least most popular, the report stated.

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“The Rs 45-90 lakh price range vary is the ‘sweet spot’ for 36 per cent of girls residence seekers, and 27 per cent desire premium houses priced from Rs 90 lakh to Rs 1.5 crore. 20 per cent desire luxurious houses priced greater than Rs 1.5 crore,” Anarock stated.

Santhosh Kumar, vice chairman, Anarock Group, said, “Over the last decade, women have emerged as a major residential real estate buyer segment, especially in the urban centres. Their preferences are also distinctly shaping newer trends – from bigger homes, ready-to-move properties to specific budgets, they know exactly what they want.”

“And like millennials, their preferences now affect the provision that builders put available on the market,” Kumar added.

More women are now also buying property for investment.

As per the survey, the ratio of women buying properties for end-use and investment has changed from the previous survey. It now stands at 77:23, whereas it was previously 82:18.

(With PTI inputs)

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