Real estate Primary sales mean when a real estate builder sells the housing units or commercial units to the investor or end-user in the primary market. It is the first sale for that particular unit. Which include new launches and ongoing projects.
What is Secondary Market?
The secondary market is made up of secondary or sub-sale properties, previously owned houses in matured locations, and established residential areas. To further elaborate, secondary properties are properties that have been introduced into the market for rental or sub-scale which will either be rented or owner-occupied by subsequent owners.