Women home buyers are becoming more prominent in terms of buying power in the residential real estate landscape in India By Mr. Daniele Rusolillo, Planet Smart City
Below is Quote On Women home buyers are becoming more prominent in terms of buying power in the residential real estate landscape in India By Mr. Daniele Rusolillo, Deputy CEO &COO, Planet Smart City
Mr. Daniele Rusolillo, Deputy CEO &COO, Planet Smart City says, “Women home buyers are becoming more prominent in terms of buying power in the residential real estate landscape in India. Over the last five years, an increasing number of Indian women have been engaging in independent real estate investments. 2020 and 2021 will go down in real estate history with stamp-duty revisions and a special provision of stamp duty reduction for women home buyers. While demand for 1 & 2 BHK units is higher, Millennial home buyers have emerged as one of the most powerful investors. There is a significant rise in the interest for Greentech and Proptech projects with smart home and smart infrastructure solutions, in line with ESG standards. The smartphone and AI-driven generation has shown a strong interest in IoT-enabled residences that will improve their overall quality of life and living experience. For Instance; women make up 30% of the home buyers in our project 'Universe' at Life Republic in Pune, in partnership with renowned Kolte-Patil Developers. These women showed a keen interest for smart residences for eminent value oriented returns, especially in the end user segment"
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