India housing market sees sharper divergence across cities, price band

India's residential property market exhibited stable sales during January-September when compared to the previous year. Major markets like Mumbai, Bengaluru, and Kolkata demonstrated positive trends, while NCR faced a significant decline. Higher-ticket homes are increasingly preferred, with sales of properties priced above Rs 1 crore climbing sharply. Sales for lower-priced segments, however, experienced a downturn, reducing buyers' options.