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Women in Home Ownership

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Vinita Singhania, discusses the importance of home ownership amongst women as a crucial step towards financial independence.

Financial independence is the ticket to a life of personal choice. For women, the idea is more than just income and savings and includes the possession of assets that yield long-term security. Financial inclusion has expanded, with more women taking charge of their investments. Women now represent over 25 per cent of individual investors and hold 33 per cent of the total individual assets under management (AUM). Notably, participation in mutual funds is also growing beyond the top 30 cities, as highlighted in the AMFI Factbook 2024.
Among all the investments, real estate is the most unique. Homeownership is independence, protection against uncertainty, and a foundation for future stability. Throughout the globe, successful women have identified property as a great wealth builder. Oprah Winfrey, the self-made billionaire, has continued to make property investments, which is a testament to having an appreciation of long-term worth. In India, professionals and businesswomen are defying conventional stereotypes by actively making property investments, thereby changing the narrative from reliance to economic independence.

Rise in women’s involvement in real estate investment
For decades, homeownership was considered a male-dominated domain. That is changing dramatically now. Women across all income groups are entering the real estate purchase business, looking at this activity not as a secondary option but as a main means of achieving financial independence. Industry data in recent years indicate that over 30 per cent of property buyers in urban India are women—a figure doubled in the last decade.
Policy incentives, such as lower stamp duties for women buyers and tax relief on home loans, are helping drive this trend. Section 80C of the Income Tax Act allows first-time female homeowners to claim a deduction of up to `1.5 lakh on the principal repayment of their home loan. Additionally, under Section 24(b), women can deduct up to `2 lakh on the interest paid for a home loan, provided they own the property entirely.
Above all, it is a shift in attitude—women are actively making their own financial security instead of waiting passively for it to happen.

Importance of home ownership to women
Home ownership is a financial foundation that no other investment can offer. In contrast to rental property, whose value fluctuates based on market trends, a home is a steady asset that gains value over the years. It accumulates wealth from generation to generation and provides a haven in times of need. Furthermore, women who are homeowners can avail themselves of more financial opportunities either by using the property as collateral for business expansion or by accessing education loans.
Apart from economic advantages, home ownership is a step towards autonomy. It guarantees that women have a place where decisions are theirs alone, without interference or social control. In a world where women’s economic independence is still questionable, homeownership is a revolution. Real estate investment strongly supports a woman’s social standing. Some banks provide women homebuyers with loans covering up to 90 per cent of the property’s value, compared to 80 per cent for men. Others offer extended repayment tenures of up to 30 years, easing the financial burden and making homeownership more manageable.

Challenges that still persist
Despite progress, several challenges persist. Financial literacy gaps remain a major issue. Many women are not introduced to financial planning early in life, which results in hesitation when making large investments like home purchases. Income inequality is also an issue. With the pay gap between men and women, still an issue in most industries, women will tend to be granted smaller loans than men, which reduces their purchasing power.
Social and cultural biases are also barriers. Economic choices in the majority of households are still within the purview of male household members, whereas independent investment choices by women are disapproved.
Moreover, legal and administrative complexities such as property title verification and mortgage approval processes can make it so difficult for first-time buyers.

Overcoming obstacles: Road to property ownership
Empowerment starts with awareness. Women need to give top priority to financial literacy, investment education, loan terms, and property laws. Banks and organisations now provide courses and online resources to make home buying easier. Accessing the policy incentives is a crucial step. The different states offer a lower rate of stamp duty to women buyers, and the banks provide differential rates of interest on housing loans. These incentives may significantly lower the cost of property ownership.
Maintaining and building a strong credit profile is of the utmost significance. Timely payment of loans, proper use of credit, and paying off current debts improve one’s loan-worthiness and better interest rates. There needs to be meticulous research. Women must research a variety of financing opportunities, compare homes diligently, and consult an attorney to discuss ownership papers prior to buying.
Consulting professional guidance from property and finance specialists can increase knowledge, thus making informed decisions in accordance with long-term financial goals. An informed strategy allows for an easier and more satisfying path to homeownership.

Conclusion
Women in India and across the world are redefining financial independence through real estate investment. Purchasing a property is a symbol of independence, planning and determination. While challenges remain, proactive steps, supportive policies and a determined mindset can help more women claim their rightful place in the real estate landscape. A home is an investment in empowerment, security and a future shaped by one’s own choices.

About the author:
Vinita Singhania, Chairperson and Managing Director, JK Lakshmi Cement Limited, is a businesswoman, and an industrialist, with diversified and rich business experience.

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Cement Makers Reaffirm Commitment to Sustainable Growth

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World Environment Day spotlight on innovation and circularity

On World Environment Day, the Indian cement industry reiterated its commitment to supporting India’s climate ambitions through sustainable manufacturing, resource efficiency and the adoption of cleaner technologies.

The Cement Manufacturers’ Association (CMA) said the sector remains aligned with the Government of India’s Net Zero commitments and is accelerating efforts to reduce its environmental footprint while supporting the country’s infrastructure and development agenda.

Parth Jindal, President, CMA and Managing Director, JSW Cement, said the industry is increasingly adopting cleaner technologies, improving energy efficiency and expanding the use of alternative fuels and raw materials. He also highlighted the growing importance of circular economy practices, where industrial by-products and waste streams from one sector are utilised as resources in another.

“The Indian Cement Industry is aligned to the Government’s commitments on carbon mitigation and is accelerating the adoption of cleaner technologies, resource efficiency and circular economy practices while actively exploring the potential of Carbon Capture, Utilisation and Storage (CCUS) as a critical pathway for deep decarbonisation,” said Jindal.

He added that coprocessing industrial waste and by-products helps conserve natural resources, reduce disposal requirements and lower the environmental footprint across multiple sectors.

According to Jindal, sustainability is no longer limited to manufacturing processes but is increasingly influencing investment decisions, innovation strategies and long-term growth plans within the industry.

Echoing similar views, Dr Raghavpat Singhania, Vice President, CMA and Managing Director, JK Cement, said sustainable development extends beyond emissions reduction and must also focus on responsible resource utilisation and waste minimisation.

“Sustainability in the built environment cannot be measured by emissions alone. It is equally about how efficiently we use resources, how effectively we minimise waste and how responsibly we create the infrastructure that will serve future generations,” said Singhania.

He noted that the cement industry is advancing its sustainability agenda through greater resource efficiency, increased circularity, technological innovation and continuous improvements in manufacturing practices. As a key contributor to India’s infrastructure development, the sector has a critical role to play in balancing economic growth with environmental responsibility.

On the occasion of World Environment Day, industry leaders reaffirmed their commitment to supporting India’s climate goals while delivering the materials required for resilient, durable and sustainable infrastructure.

 

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Building a Greener Future Together

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Environmental sustainability requires immediate action, not just long-term commitments and discussions. Recycling, circular economy practices, and technology-driven waste management can help industries reduce environmental impact while supporting sustainable growth.

Author: Jignesh Kundaria, Director and CEO, Fornnax Technology

World Environment Day serves as an important reminder that environmental sustainability can no longer remain confined to discussions, reports, or long-term commitments. The environmental challenges facing the world today demand immediate, measurable, and collective action. Across industries and communities, waste generation continues to outpace our ability to process it responsibly, placing increasing pressure on ecosystems, natural resources, public health, and the well-being of future generations.

One of the most significant shifts required today is a change in how society perceives waste. Rather than being viewed as a material to be discarded, waste must be recognised as a valuable resource that can contribute to both economic growth and environmental protection when managed through the right technologies and systems. This mindset forms the foundation of the circular economy model that countries across the world are increasingly adopting to reduce landfill dependence, recover valuable materials, and create more sustainable industrial ecosystems.

India has made meaningful progress in strengthening awareness around sustainability, recycling, and environmental responsibility over the past decade. Significant efforts are being made to formalise the recycling sector through improved infrastructure, technology adoption, policy implementation, and broader stakeholder participation. These developments are creating a stronger foundation for responsible waste management and resource recovery across the country.

However, achieving long-term environmental impact requires collaboration from all stakeholders. Industries, policymakers, technology providers, and communities must work together with greater accountability to strengthen recycling ecosystems, encourage responsible waste management practices, and create sustainable outcomes through consistent execution rather than temporary interventions.

As someone closely associated with the recycling industry, I firmly believe that technology will play a decisive role in addressing future environmental challenges. Advanced recycling systems have the potential to recover valuable resources, reduce pollution, minimise landfill burdens, and conserve energy, creating a more sustainable future for generations to come. This belief is deeply reflected in Fornnax’s motto, “Committed to Create a Green Future,” which embodies our commitment to building long-term environmental value through innovation and responsible action.

At the same time, technology alone cannot deliver meaningful change. Real progress requires intent, awareness, participation, and a shared sense of responsibility. Sustainable development can only be achieved when innovation is supported by collective action and a genuine commitment to environmental stewardship.

On this World Environment Day, let us move beyond conversations and take meaningful steps towards creating a cleaner, greener, and more sustainable planet. By embracing innovation, strengthening recycling ecosystems, and acting responsibly today, we can create lasting environmental impact and secure a better future for generations to come.

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JK Lakshmi Advances LC3 Cement Expansion

Company highlights commercial production and research partnerships

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The meeting reviewed progress in limestone calcined clay cement (LC3) technology and its commercial adoption in India’s cement sector, focusing on low-carbon alternatives to conventional binders. JK Lakshmi Cement noted that limestone calcined clay cement can reduce carbon dioxide emissions by up to 40 per cent compared with conventional cement and said this reduction supports industry decarbonisation. The company highlighted that it was among the first two cement manufacturers in India to move LC3 into commercial production after the Bureau of Indian Standards approved the technology as a cement standard.

Vinita Singhania said the transition of LC3 from research to commercial production reflected collaboration between industry, academia and international institutions. Maya Tissafi acknowledged JK Lakshmi Cement’s role in advancing LC3 adoption in India and its contribution in taking the technology from laboratory trials to commercial implementation. Both representatives underlined the growing relevance of sustainable construction materials as India expands infrastructure and urban development.

The meeting explored continued collaboration with Swiss research institutions such as EPFL, EMPA and ETH Zurich alongside Indian academic partners and development organisations. JK Lakshmi Cement has been associated with the LC3 initiative since 2014 and worked with EPFL, IIT Delhi, IIT Madras, Development Alternatives and Technology and Action for Rural Advancement. The company conducted one of the earliest industrial trials of LC3 and recently announced commercial production of Green Pro LC3 cement from its Jaykaypuram plant in Rajasthan.

India remains the world’s second-largest cement producer and expansion of infrastructure, urbanisation and housing demand continue to support long-term sector growth, increasing interest in low-carbon technologies. The company reported an annual turnover of more than Rupees (Rs) 60 bn and current cement capacity of about 18 million (mn) tonnes (t) per annum, with a target of reaching 30 million (mn) tonnes (t) by 2030. Apart from grey cement, the company also makes ready-mix concrete, gypsum plaster, wall putty, primers, adhesives and fly ash blocks, and both sides concluded on the need for continued collaboration to develop sustainable construction solutions.

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