70% of Women’s Interested in property investment in Delhi
70% Women Want to do Property Investment in Delhi Buy Ready to Move Residential Apartment – Survey
Property Investment In Delhi: According to a survey of 9,000 women by unicorn startup NoBroker, nearly 70 percent of women prefer to invest in real estate, mainly residential properties.
In November last year, Proptech NoBroker raised $210 million from investors at a valuation of $1 billion. It caters to all property-related needs like renting, buying, home services, financial services, and society management.
The survey was conducted in Delhi-NCR, Hyderabad, Bangalore, Chennai, Mumbai, and Pune.
About 94 percent of the respondents wanted to invest in housing, while 6 percent were looking to invest in commercial properties.
More than 80% wanted to buy for end-use. Property investment in Delhi.
According to the survey, 73 percent of women were looking to buy a property within Rs 40-75 lakh, 20 percent between Rs 75 lakh and Rs 1 crore, and the remaining 7 percent were looking to buy a property above Rs 1 crore.
Among other findings, 63 percent of women preferred ready-to-move-in properties.
Godrej Housing Finance said in a statement on Monday that “one in two women strongly agree that in the past one year, they have become more inclined towards wealth creation and property purchase for investment purposes”.
34% of women believe that buying a new home is the best investment option at present. According to the Godrej Housing Finance Post ‘Generation-Rent’ study, 52 percent of women have already started looking for a new home.
In another survey, digital wealth manager Scripbox said women are taking money matters into their own hands, with 70 percent of them involved in financial decision-making.
1 in 5 women started investing for the first time amid the pandemic,” it said in a statement.
In another statement, Strata, which facilitates partial ownership of the real estate, said it has reduced the minimum investment ticket size from Rs 25 lakh to Rs 15 lakh to attract more women, retail investors.
Strata’s investor base currently comprises 25 percent of women and aims to grow to 50 percent by 2025.
Shruti Agarwal, the co-founder of neo banking platform Stashfin, said that the company works dedicatedly towards the financial independence of women customers and has introduced offers for credit line card customers this International Women’s Day.