Registration of housing properties in big cities touches 544K units in FY25

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Registration of housing properties in big cities touches 544K units in FY25 - Business Standard

Quick Summary:

On Friday, real estate consultant Square Yards released a report, 'Primary Vs Secondary: Unpacking Demand Trends in India's Residential Market', which showed that primary market (first sale) share in total registration stood at 57 per cent, while secondary market (re-sale) took the remaining 43 per cent in 2024-25.

Registration of housing properties stood at 5.44 lakh units in the last financial year across eight major cities, including Mumbai, Bengaluru and Hyderabad, increasing 77 per cent since 2018-19 fiscal, according to Square Yards.

During the same period, primary market transactions increased from 1.84 lakh units to 3.11 lakh units.