Residential Registrations Reach 544 Thousand in FY 2025, Rise 77 Per Cent

28 Apr 2025 CW Team

Residential property registrations across top Indian cities rose to 0.54 million units in FY 2025, marking a 77 per cent growth from 0.31 million units in FY 2019, according to Square Yards. Primary market sales accounted for 57 per cent of the total, while secondary transactions comprised 43 per cent, rising from 38 per cent in FY 2019.

Primary sales involve new properties sold directly by developers, while secondary sales relate to resale properties. Secondary transactions increased from 0.12 million units to 0.23 million units over the period.

City-wise, Bengaluru recorded 54 per cent primary sales out of approximately 0.072 million transactions. Secondary transactions in Noida and Greater Noida rose from 29 per cent to 40 per cent, driven by demand around Jewar Airport. Mumbai maintained a strong secondary market, though primary sales nearly doubled due to redevelopment projects.

In Pune, primary transactions dominated at 76 per cent. Navi Mumbai saw secondary sales rise by seven percentage points, while Hyderabad maintained a balanced profile with secondary transactions at 51 per cent.

Square Yards anticipates that both primary and secondary markets will continue their growth momentum, driven by increasing homeownership aspirations.

Source: Press Release, April 25, 2025

Image Source:thehansindia

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..