India's residential real estate market is riding a powerful post-pandemic wave. According to a new report by Square Yards, registered housing transactions in major Indian cities surged by 77 per cent between FY2019 and FY2025, from 3.07 lakh units to 5.44 lakh units. Over 57 per cent of all deals registered in FY2025 were primary transactions, purchases made directly from developers. However, the secondary market, which includes resale properties, has grown considerably. During FY2025, its share grew from 38 per cent to 43 per cent, while transaction volumes rose from 1.22 lakh to 2.33 lakh.