Housing market witnesses 3.1% growth: Report

India’s housing market experienced a 3.1% demand surge in Q3, driven by buyers favoring smaller 1 and 2 BHK homes due to affordability concerns. This shift reversed a two-year decline. Despite a 4.5% drop in overall supply year-on-year, prices climbed, with Pune, Mumbai, and Greater Noida leading the surge. Under-construction properties commanded higher premiums.