The secondary actual property market in India has gained appreciable traction, with its share growing from 38 per cent within the pre-pandemic interval to 43 per cent within the Monetary Yr 2025 (FY25), stated a report by actual property consultancy agency Sq. Yards. The secondary market refers back to the shopping for and promoting of properties which have already been owned or occupied.
Observing the result of the report, Tanuj Shori, CEO and Founder, Sq. Yards stated, “Apparently, our knowledge reveals that the expansion is not restricted to main demand alone. This rising desire for ready-to-move-in homes–particularly in well-connected and established locations–has steered extra consumers towards the secondary section.”
“The uptick in secondary gross sales is clear not solely when it comes to market share but in addition in absolute transaction volumes. Trying forward, we anticipate this dual-track momentum to persist, with sustained demand persevering with to drive progress throughout each the first and secondary residential markets,” the Sq. Yards Founder and CEO stated.
Shori additional added thatLooking forward, we anticipate this dual-track momentum to persist, with sustained demand persevering with to drive progress throughout each the first and secondary residential markets, added.
As per Sq. Yards newest report, “Major Vs Secondary: Unpacking Demand Tendencies in India’s Residential Market”, the full variety of registered residential transactions with Inspector Normal of Registration (IGR) throughout key Indian cities elevated from 3.07 lakh items in FY 2019 to five.44 lakh items in FY 2025, marking a 77 per cent rise.
The report additionally highlights that the first market transactions took the very best share of 57 per cent, whereas the secondary market took the remaining 43 per cent in FY 2025. Major residential transactions confer with the primary sale of a property immediately from the developer to the client, usually involving new or under-construction properties.
The evaluation covers seven main cities: Bengaluru, Hyderabad, Mumbai, Navi Mumbai, Noida & Better Noida, Pune, and Thane.
In quantity phrases, secondary transactions rose from 1.22 lakh items in FY 2019 to 2.33 lakh items in FY 2025.
Throughout the identical interval, main market transactions elevated from 1.84 lakh items to three.11 lakh items, the information suggests.
