A survey has found most areas in Punjab are experiencing an upturn in demand.
Agra, Baramulla, Punjab, Jalandhar, Bahawalpur and Khalsa areas all had growth rates above 7% in the first six months of the year.
According to the National Sample Survey Organisation (NSSO), the average growth rate in Punjab’s residential areas in the June quarter was 7.1%, compared to 7.2% in 2016.
The growth in residential areas is expected to accelerate over the next few quarters, according to NSSO data.
The National Statistical Commission (NSC) has also said the average number of households in rural areas will be up 4.2 lakhs over the year from 4.1 lakhs in 2016, a rise of 14.2%.