Skyrocketing prices mean even top earners in Indian cities will need decades to afford a standard home
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. Other major property markets included Navi Mumbai, Thane, Pune, Noida and Greater Noida. 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. The data includes residential transactions for apartments, plots and villas. In volume terms, secondary transactions rose from 1.22 lakh units in FY19 to 2.33 lakh units in FY25. During the same period, primary market transactions increased from 1.84 lakh units to 3.11 lakh units. Tanuj Shori, CEO & Founder, Square Yards, said: "The residential market has .
After three years of price rise, some areas may be growing overheated; proceed with caution
It will bring down the cost of a second house because of tax benefits and price appreciation