As per the report released by Primus Partners in collaboration with World Trade Center India Services Council (WTCISC), there is evidence of a wide gap in gender participation in the real estate industry. Only 7 million women in India are employed in the real estate sector as compared with 50 million men.
The report shows women’s participation in various sectors and shows, occupations such as nursing, elementary and middle school teaching, social work, counseling, and HR comprised 19 per cent of India’s female workforce in 2021 as compared with the global average of 46 per cent.
The objective of the report is to enhance greater female participation in the real estate sector and recommend measures to create a truly diverse and inclusive space for all. The ten-step roadmap suggests National Campaign for Gender Inclusion and Overcoming Bias, All Women Crew Lighthouse Housing Project, Gender Inclusion in Government Contracts, Investment funds for women-led companies in real estate,. Skilling across levels, among others.
Khair Ull Nissa Sheikh, Board Member, WTCA said, “Real Estate & Construction is India's second largest industry after agriculture, and it contributes significantly to the country's overall GDP. Yet, it remains the least skilled industry for workers, especially women. This disparity is due to the gender bias that exists in Indian society regarding women working on-site. Prominent women's participation in the construction industry is critical not only for achieving higher growth but also for the country's overall social development.”
