Empowering Women in Real Estate: A Path to Transparency and Reduced Civil Cases
Delhi's PWD Minister Parvesh Verma advocates for increased women's participation in the real estate sector, emphasizing the potential for improved transparency and a reduction in property-related civil cases.
Women In Real EstateTransparencyCivil CasesReal Estate DevelopmentSustainabilityReal EstateJun 27, 2025
Addressing the 4th Naredco-MAHI convention, Verma stated, “Women can do anything today, then, why not real estate?” He pointed out the prevalence of lies, misselling, and fraud in the real estate market. “Most of the civil cases are related to real estate. If women will come into real estate, I think there will be a reduction in these cases,” he said, adding that lies and misselling would also decrease.
Verma also sought support from the industry for the beautification of the national capital, underlining the importance of integrated infrastructure management and sustainable practices. D Thara, Additional Secretary of the Union Ministry of Housing and Urban Affairs, echoed similar sentiments. She urged builders to focus on integrated infrastructure management of housing societies, emphasizing the importance of water preservation and the development of green spaces in housing complexes.
Thara suggested that developers should provide documents detailing green measures and water availability in housing complexes to increase awareness and promote sustainability. This approach would not only enhance the quality of life but also build accountability within the industry.
Smita Patil, President of NAREDCO-MAHI, spoke about the future of India's housing sector. She emphasized that the industry must be built with robust policy frameworks, shaped by industry leaders, and guided by inclusive values, particularly the empowerment of women and emerging leaders. “We need to create an environment where women are not just participants but leaders in the real estate sector,” she said.
Niranjan Hiranandani, Chairman of Naredco, highlighted the importance of skilling in the real estate sector. “Real estate is the second largest employer in India. However, it is short of skilled workers. If we can fill this gap with skilled women, it will not only lead to employment generation and women empowerment but will also give a significant boost to economic growth,” he said. Hiranandani noted that this could help achieve the vision of tripling the size of the economy.
The conference brought together industry leaders, policymakers, and women from the real estate sector to discuss strategies for increasing women's participation and improving the overall transparency and accountability of the industry. The consensus was clear: women's involvement in real estate is not just a matter of gender equality but a crucial step towards a more transparent and sustainable future.
Frequently Asked Questions
Why is increasing women's participation in real estate important?
Increasing women's participation in real estate is important because it can improve transparency, reduce civil cases related to properties, and promote sustainable practices. Women bring diverse perspectives and a strong sense of accountability to the industry.
What are the common issues in the real estate market that women can help address?
Common issues in the real estate market include lies, misselling, and fraud. Women's participation can help reduce these issues by bringing more transparency and ethical practices to the sector.
How can the real estate industry support the beautification of the national capital?
The real estate industry can support the beautification of the national capital by focusing on integrated infrastructure management, water preservation, and the development of green spaces in housing complexes.
What role do green measures and water availability play in housing complexes?
Green measures and water availability are crucial for increasing awareness and promoting sustainability in housing complexes. Developers should provide documents detailing these measures to ensure transparency and accountability.
Why is skilling important in the real estate sector?
Skilling is important in the real estate sector because it can help fill the gap of skilled workers, leading to employment generation, women empowerment, and a boost to economic growth. Skilled women can play a significant role in the industry's development.
Related News Articles
Maharashtra Govt Reschedules Eid-e-Milad Holiday to September 18, RBI Follows Suit
The Maharashtra government has rescheduled the Eid-e-Milad holiday in Mumbai district from September 16 to September 18 to avoid a clash with Anant Chaturdashi, the final day of Ganesh Chaturthi.
Pune Metropolitan Region Development Authority Cracks Down on PITCMRL: Orders Road Repairs by September 25th
PMRDA issues notice to PITCMRL to repair roads in Ganeshkhind, Pashan, and Baner areas by September 25th. Pune ranks first in affordable housing and paves its way as a hub for real estate development.
5% GST on Unsold Units at Occupancy: A Harsh Blow to Builders
Goa Chamber of Commerce and Industry suggests changes in GST levy on real estate sector, citing harsh impact on builders with unsold inventory
Indian Real Estate Sees ₹75,500 Crore Investment from AIFs, Highest in All Sectors
New Delhi, Dec 2 (PTI) Investment in Indian real estate by Alternative Investment Funds (AIFs) has surged to nearly ₹75,500 crore, marking it as the highest among all sectors, according to Anarock.
Mumbai to Get its First Elevated Forest Walkway in Malabar Hill Soon
Inspired by Singapore's renowned forest walkways, the ambitious project is being developed by the Brihanmumbai Municipal Corporation (BMC) as part of Mumbai's urban development initiatives.
Mumbai Man Falls Victim to Rs 10 Lakh Task Completion Scam: Here's How It Works
A Mumbai resident recently lost a staggering Rs 10 lakh to a task completion scam, highlighting the growing threat of such fraudulent activities in the digital age. Learn how these scams operate and how to protect yourself.