5.44 lakh housing units registered in FY25, a 77% increase from FY19

Residential transactions in key Indian cities surged by 77% between FY19 and FY25, reaching 5.44 lakh units, according to Square Yards. Primary market transactions accounted for 57% of the total, while secondary sales comprised 43%. This growth reflects a strong recovery driven by renewed homeownership preferences and rising demand for ready-to-move-in properties. The analysis covers seven major cities: Bengaluru, Hyderabad, Mumbai, Navi Mumbai, Noida & Greater Noida, Pune, and Thane. Secondary transactions rose from 1.22 lakh units in FY19 to 2.33 lakh units in FY25. In comparison, primary market transactions increased from 1.84 lakh units to 3.11 lakh units.

CEO & Founder of Square Yards, Mr. Tanuj Shori, said the residential market has witnessed a remarkable V-shaped recovery since the pandemic. The secondary market has also gained considerable traction, with its share rising from 38% in the pre-pandemic era to 43% in FY25. The preference for ready-to-move-in homes in well-connected and established locations has driven more buyers toward the secondary segment.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.