Only 70 lakh women in 7.1 crore workers employed in Indian real estate: Report
Max Estates and In Tandem Global Consulting in a joint report 'Concrete change — A Study of the Economic Impact of Better Pay Parity & Inclusion of Women in Real Estate' pointed out that the real estate sector has a long way to go in achieving inclusivity.
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«The Indian real estate sector stands at a crossroads. Poised for unprecedented growth, it remains burdened by challenges that prevent it from realising its complete potential. Women make up 48.5 per cent of India's population, out of which approximately 1.2 per cent female population is employed in real estate,» the report said.
Underrepresentation of women along with unequal pay across all levels of the workforce is one of the most pressing challenges the sector faces, it added.
«Despite its role as a significant employment generator, the real estate sector remains one of the least inclusive sectors for women. Addressing gender disparities could unlock substantial economic benefits, enhancing productivity, innovation, and profitability,» the report said.
The real estate sector faces significant challenges related to workforce composition and gender disparity.
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