India, Nov. 5 -- Housing sales across the country's leading seven urban markets climbed 6% year- on-year (Y-o-Y) to reach 214,562 units in the first nine months (January to September). The highest sales growth was reported in Chennai and Bengaluru, while Mumbai and Pune reported a minor drop in sales. On the other hand, sales value grew by 15% in Q3, according to a report released by JLL India, a real estate consultancy on November 5.

According to the report, the recovery was led decisively by premium housing, with apartments priced at Rs.1 crore and above posting 23% Y-o-Y growth and capturing 72% of total sales during the period, up from 62% a year earlier, driven by sustained urban migration, upgrades to infrastructure, and shifting l...