Summary:

According to a survey by property consultancy firm Anarock, 70% of women chose real estate as an investment in H2 FY24, up from 65% in H2 FY22 and 57% in H2 FY19. Meanwhile, stock market preference dropped sharply to 2% from over 20% in H2 FY22. Anarock Chairman Anuj Puri attributed this shift to market downturns, while gold’s appeal rose to 12%.

The survey also highlighted a growing demand for premium and luxury residences, with 52% of women opting for properties priced above Rs. 90 lakh (US$ 1,03,083) in H2 FY24, up from 47% in H2 FY22. Interest in under-construction homes increased to 18% from 10%, while demand for ready-to-move-in homes declined by 29%. The end-use-to-investment ratio shifted to 69:31, reflecting a more investment-driven approach.

Source: IBEF 

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