FCC

Residential Registrations Reach 544 Thousand in FY 2025, Rise 77 Per Cent

2025-04-28

Residential property registrations across top Indian cities rose to 0.54 million units in FY 2025, marking a 77 per cent growth from 0.31 million units in FY 2019, according to Square Yards. Primary market sales accounted for 57 per cent of the total, while secondary transactions comprised 43 per cent, rising from 38 per cent in FY 2019.

Primary sales involve new properties sold directly by developers, while secondary sales relate to resale properties. Secondary transactions increased from 0.12 million units to 0.23 million units over the period.

City-wise, Bengaluru recorded 54 per cent primary sales out of approximately 0.072 million transactions. Secondary transactions in Noida and Greater Noida rose from 29 per cent to 40 per cent, driven by demand around Jewar Airport. Mumbai maintained a strong secondary market, though primary sales nearly doubled due to redevelopment projects.

In Pune, primary transactions dominated at 76 per cent. Navi Mumbai saw secondary sales rise by seven percentage points, while Hyderabad maintained a balanced profile with secondary transactions at 51 per cent.

Square Yards anticipates that both primary and secondary markets will continue their growth momentum, driven by increasing homeownership aspirations.

Source: Press Release, April 25, 2025

Image Source:thehansindia