Kolkata, June 19 -- 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 ...