India's real estate sector is transforming with increased women's involvement across the board, yet leadership representation remains limited. The focus is shifting to diversity as a business advantage, with women influencing homebuying and strategic roles. Continuous knowledge transfer and mentorship are keys for future growth and innovation.
The Indian real estate industry is witnessing a transformative phase, driven largely by urbanization and changing consumer preferences, with women playing increasingly significant roles. They are influential not only as homebuyers and investors but also in consulting and professional capacities. However, leadership representation of women in the sector is still limited.
Industry experts suggest that the emphasis is now shifting from merely having women in the workforce to enabling their substantial contributions and decision-making influence. Diversity is now seen as a strategic business advantage rather than just a compliance necessity. Over the past two decades, the industry has seen more women entering roles in development, retail strategy, and investments, according to Benu Sehgal of Splendor Group.
The real estate sector is becoming more consumer-centric, necessitating diverse perspectives to meet evolving customer demands. Creating robust pathways for women in leadership and decision-making is key. This includes mentorship and professional development to ensure long-term growth and innovation, thereby changing the way developers approach planning and engagement.
(With inputs from agencies.)