Positive Sentiment for Women Buyers

Vikas Tomar, Executive President & Business Head at Square Yards, said the decision is expected to significantly improve market sentiment, especially among first-time women homebuyers.

“This move will likely boost sentiment among women aspiring to own a home. It encourages more families to register properties in the name of women, supporting broader goals of financial inclusion and empowerment,” he noted.

Tomar added that the mid-segment housing market—which already appeals to end-users and first-time buyers—is likely to benefit the most. “With this added incentive, we’re likely to see greater interest in the mid-range category across cities like Noida, Greater Noida, and Ghaziabad,” he said.

Call for Inclusive Reforms Across Buyer Segments

While welcoming the move, some industry stakeholders believe the government should go further. Vikas Bhasin, Managing Director of Saya Group, acknowledged that a reduction in stamp duty eases the financial burden on homebuyers but urged for more comprehensive reform.

“Stamp duty and other levies form a significant part of home-buying costs. Any reduction certainly helps buyers save money, but we have consistently advocated for a broader reduction in stamp duty,” Bhasin said.

He emphasized that the current system of charging GST on under-construction properties, in addition to stamp duty, significantly inflates the final cost. “The government should consider reducing these charges for all homebuyers, regardless of gender or property value, to make homeownership truly affordable,” he added.

Mid-Segment Housing in Focus

According to market analysts, the mid-segment housing category—typically priced between ₹40 lakh and ₹1 crore—has remained resilient amid broader market fluctuations and is likely to attract even more traction with this policy change. Developers anticipate a rise in women-centric bookings and are likely to tailor offerings accordingly.

With residential demand already on the rise in UP’s NCR pockets, the latest move is expected to add momentum to end-user activity while also aligning with long-term goals of financial inclusion and gender equity in property ownership.

Also Read: Big announcement for Women Homebuyers

The post UP Govt Cuts Stamp Duty for Women Homebuyers: Real Estate Experts Welcome Move, Call for Broader Reforms appeared first on Square Feat India.