Madhya Pradesh has experienced a notable increase in property purchases by women, reflecting their economic empowerment that transcends traditional social boundaries. In the fiscal year 2024-25, women throughout the state showcased their expanding financial capabilities by acquiring properties valued at an impressive Rs 38,000 crore, thereby solidifying their status as property owners.
Indore has emerged as a leader in this significant trend. In the previous financial year, women in Indore made property purchases totaling Rs 6,300 crore. During this time, a remarkable 35,988 sale deeds were registered under women’s names, generating Rs 438 crore in revenue for the state treasury. Additionally, women in Indore availed themselves of Rs 126 crore in discounts through government concessions aimed at fostering women’s empowerment.
In Indore, a total of around 85,000 property sale deeds were executed, and of this, around 42% were purchased by women. Similarly, around 8.28 lakh sale deeds were executed across the state in the last financial year, and of this, women became owners of around 3.72 lakh assets. These approximately 45% of properties purchased by women were valued at around Rs 38,000 crore.
This rise in property ownership among women indicates an increase in their economic awareness, self-sufficiency, and an evolving role in society. Factors contributing to this trend include the rising literacy rates among women and their growing presence in various professions, which have enhanced their income and purchasing power. Additionally, the state government’s provision of a 2% rebate on property registration fees for women has also played a significant role in their property acquisitions.
For male applicants, the property registration fee is set at 12.5% of the asset’s value in urban areas and 9.5% in rural regions. In contrast, women benefit from a reduced fee of 10.5% in urban areas and 7.5% in rural areas. Furthermore, banks are introducing various schemes that offer accessible loans and additional benefits for female applicants. “Property ownership not only boosts women’s confidence but also empowers them to participate more actively in decision-making within their families and communities.
The positive effects of government incentives, such as reduced registration fees and women-focused programs, are clearly reflected in this upward trend,” stated IG Registration Amit Tomar, highlighting a growing awareness among women regarding investment opportunities.
