India, March 12 -- Housing loans outstanding reached Rs.33.53 lakh crore by the end of September, marking a 14% year-on-year growth, with the Middle-Income Group (MIG) segment accounting for the maximum credit at 44%. The outlook for the housing sector remains positive, fueled by initiatives like Pradhan Mantri Awas Yojana 2.0, urbanization, and digitization, a report by National Housing Bank has said.

However, regional disparities in credit flow pose a challenge, as Southern, Western, and Northern states dominate housing finance disbursements, while the eastern and northeastern regions see lower penetration, it said.

National Housing Bank (NHB), a statutory body under the Government of India has released the Report on Trends and Progre...