The secondary real estate market in India has gained considerable traction, with its 38 percent participation in the pre-pandemic period at 43 percent in the 2025 financial year (FY25), said a report by the Royal Consulting Firm. The secondary market refers to the purchase and sale of properties that have already been owned or occupied.
Observing the result of the report, Tanuj Shori, CEO and founder, Square Yards said: “Interestingly, our data reveal that growth is not limited only to primary demand. This is this preference for a Ready-to-move-in-move-move-in-mono-in-move-move-in-move-un-move-sympo-move-innmove-inmove-inmove-innmove-innmove-innmove-inmove-inmove-innmove-innmove-inn-move-innom-ha-ha-have Buyers to the secondary segment.
“The increase in secondary sales is evident not only in terms of market share but also in volumes of absolute transactions. Looking towards the future, we anticipate that this double track impulse persists, with a sustained demand that continues to boost growth in primary and secondary residential markets,” said the founder and CEO of Square Yards.
Shori also added that in advance, we anticipate this double -track impulse to persist, with the sustained demand that continues to promote growth in primary and secondary residential markets, he added.
According to the last report of the square yards, “Primary vs. Secondary: Demand trends in the residential market of India”, the total number of residential transactions registered with the Inspector General of Registry (IGR) in the key Indian cities increased from 3.07 Lakh units in the fiscal year 2019 to 5.44 Lakh units in fiscal year 2025, which marked an increase of 77 %.
The report also highlights that primary market transactions have the largest 57th participation, while the secondary market shows 43 percent remover in fiscal year 2025. Thetly of construction houses under construction.
The analysis covers seven main cities: Bangalore, Hyderabad, Mumbai, Navi Mumbai, Noida and Greater Noida, Pune and Thane.
In terms of volume, secondary transactions increased from 1.22 Lakh units in fiscal year 2019 to 2.33 Lakh units in fiscal year 2025.
Duration The same period, primary market transactions increased from 1.84 Lakh units to 3.11 Lakh units, suggest the data.