02/02/2025
The Indian real estate sector, employing 7.1 crore workers, remains one of the least inclusive industries for women, with only 70 lakh females making up the workforce, according to the joint report by Max Estates and In Tandem Global Consulting titled ‘Concrete Change — A Study of the Economic Impact of Better Pay Parity & Inclusion of Women in Real Estate.’
Despite women comprising 48.5 per cent of India’s population, only 1.2 per cent of the female population is employed in real estate. This stark imbalance contributes to India’s low Female Labour Force Participation Rate (LFPR) of 25.1 per cent, even as the sector emerges as a major employment generator.
The report highlights the transformative potential of gender parity, which could drive enhanced productivity, innovation, and profitability in real estate. However, deep-rooted gender inequality continues to hinder progress. To bridge the gap, the report calls for - Targeted upskilling and training programs for both blue-collar and white-collar female workers, greater integration of technology to ease workforce entry and improving access to leadership roles to enable women to influence and drive change.
