States » EastPosted at: Jun 19 2025 2:37PM


India’s residential real estate booms, sales surge 77 per cent since FY 2019

Kolkata, June 19 (UNI) India’s residential real estate market has delivered an exceptional performance, with sales surging by nearly 77 per cent from FY 2019 to FY 2025, as highlighted in the recent study by the Grant Thornton Bharat report.
This growth, translating to an increase from 3.07 lakh units in FY 2019 to 5.44 lakh units in FY 2025 across major cities, marks a remarkable V-shaped recovery post-pandemic and underscores renewed confidence in homeownership and real estate as a stable asset class, the published report said on Thursday.
Under the head of primary market momentum: 57 pc of all sales in FY2025 were primary transactions, or sales of new or under-construction houses. This is an increase from previous years and demonstrates the strong buyer trust in developers and regulatory framework in RERA.
Secondary Market Growth: When more buyers look for ready-to-move-in houses in established regions, the percentage of secondary (resale) transactions also increased, rising from 38 pc in FY 2019 to 43 pc of sales.
In the luxury segment, housing (above Rs1 crore) has seen robust demand, driven by rising incomes, lifestyle aspirations, and targeted offerings from developers, especially in metropolitan and emerging urban centres.
Institutional investment has played a pivotal role in this transformation. The private equity inflows and innovative models like small and medium REITs have not only fuelled capital availability but also improved market transparency and investor participation.
The sector’s appeal is further strengthened by the expansion of alternative assets such as data centres, logistics, and warehousing, aligning with India’s digital and infrastructure growth.
In FY 2024-25, the industry saw $6.99 billion in real estate transactions, with private equity accounting for the largest share at $3.15 billion. This indicates that investors are confident in the sector and that there is ample funding available for both residential and alternative real estate.
Chairman of PRIME Developments Rakesh Malhotra said the Indian residential real estate market has demonstrated extraordinary resilience and dynamism in the post-pandemic period, sales across major cities surging by an impressive 77 pc between FY 2019 and FY 2025. This trend was a reflection into the renewed confidence in homeownership, driven by growing lifestyle aspirations, rising disposable incomes, and a strong desire for asset security.
UNI PC PRS
Tags: #India’s residential real estate booms# sales surge 77 per cent since FY 2019
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