Category: Residential

Explore updates and trends in residential real estate including new housing projects, pricing, buyer preferences, and urban expansion. Learn about the factors shaping residential property markets in major cities and suburbs.

Latest StoriesResidential

DRA Homes Buys 4.38 Acres in Chennai for ₹50 Crore

Representative image NEW DELHI: DRA Homes, based in Chennai, has purchased 4.38 acres of land in Chembarambakkam along the Chennai–Bengaluru Highway for ₹50 crore (inclusive of stamp duty). Ranjeeth Rathod, the company’s managing director, stated, “Our Gold-rated Green building will integrate smart design, flexible living options, and community-focused amenities to create homes that meet the needs of India’s new generation of mobile professionals and families.” The residential project is set to include nearly one million square feet of mid-segment homes along with managed residential services for short-term stays, with an estimated sales potential of ₹650 crore. Published On Oct 22,…

Latest StoriesResidential

DDA to Host Weekly Camps for Housing Conversions in Delhi

Representative image NEW DELHI: The Delhi Development Authority (DDA) is set to launch weekly special camps aimed at expediting the processing of housing conversion cases. Starting October 23, these camps will take place at the DDA auction hall on the ground floor of Vikas Sadan from 2:30 PM to 4:30 PM. Initially, they will be centralized at this location, but DDA is open to hosting future camps in residential areas upon request from housing societies. The primary goal is to efficiently resolve leasehold-to-freehold conversion matters. The DDA stated, “To accelerate the clearance of pending housing conversion cases, public camps will…

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Mumbai’s Redevelopment Will Create 44,000 New Homes: Report

NEW DELHI: A report by Knight Frank India states that by 2030, Mumbai’s current redevelopment initiatives (MCGM) are set to deliver 44,277 new homes, amounting to ₹1,305 billion. The report reveals that since 2020, a total of 910 housing societies have entered into development agreements (DAs), unlocking approximately 326.8 acres (1.32 million sq. meters) of potential land based on FSI utilization norms. Notably, around 160,000 societies are over 30 years old and eligible for redevelopment. In the Western Suburbs, areas with high population density from Bandra to Borivali are expected to contribute 32,354 new homes, representing 73% of the total…

Latest StoriesResidential

Over 87K Homes Sold in Q3 2025: Report

NEW DELHI: According to a report by Knight Frank India, the eight leading residential markets sustained their sales momentum, with 87,603 housing units sold in Q3 2025. Despite predictions of a market correction, residential sales saw a 1% year-on-year increase in Q3 2025, with year-to-date (YTD) figures slightly down by 1%. The sales momentum was supported by a rise in prices across all markets for Q3 2025, even though the supply of new units recorded a 2% decrease from the previous year, totaling 88,655 units. The macroeconomic conditions were stable, with inflation decreasing to 2.07% in August 2025, down from…

Latest StoriesResidential

Register for DDA Plot E-Auction Starting October 27

NEW DELHI: The Delhi Development Authority (DDA) will launch registration on October 27 for an e-auction featuring nearly 100 plots in key city locations. Officials indicate that the plots are categorized into six types, including newly-identified and reclaimed land. The upcoming e-auction includes 17 residential plots in Rohini and Rajendra Nagar, 11 institutional plots (including religious purposes) in Rohini, 18 commercial plots in Pitampura, 44 industrial plots in Kirti Nagar, Mangolpuri, and Okhla, one CNG station plot in Yamuna Vihar, and two group housing plots in Dwarka and other areas. “Prior to 2022, the e-auction process was held quarterly based…

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348 Neemuch Families Get Dream Homes This Diwali: CM

BHOPAL: On Saturday, Chief Minister Mohan Yadav expressed that there is no greater joy than owning a home, as 348 families in Neemuch geared up to celebrate Diwali in houses constructed under the Pradhan Mantri Awas Yojana. Speaking to the beneficiaries virtually from Samatva Bhavan, Yadav highlighted that PM Narendra Modi’s vision of providing homes for every citizen has changed the lives of over 4 crore people nationwide. “This Diwali is the most beautiful in their lives as they will celebrate it in their new homes. The dream of 348 families in Neemuch is coming true,” he remarked. To date,…

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Sonu Sood and son purchase ₹1.05 crore land in Panvel

NEW DELHI: Sonu Sood, along with his son Eshaan, has acquired a plot of land in Shirdon, Panvel Taluka, valued at ₹1.05 crore. The land spans a total area of 0.0650 hectares (777 sq yards). This transaction involved a stamp duty of ₹6.3 lakh and registration fees of ₹30,000. Registered in October 2025, the deal further highlights the family’s real estate investments. In a separate deal recorded in August 2025, Eshaan purchased an apartment in Andheri West, Mumbai, for ₹2.6 crore, as per property registration documents from the Inspector General of Registration (IGR), analyzed by Square Yards. The apartment features…

Latest StoriesResidential

DDA Opens Registrations for 48-Storey East Delhi High Rise

Representative image NEW DELHI: The Delhi Development Authority (DDA) announced on Friday the opening of registration for flats in its under-construction project, “DDA Towering Heights,” located in Karkardooma. The registration period will run from October 31 to November 21. In the initial phase, the DDA is offering a total of 1,026 premium two-bedroom-hall-kitchen (BHK) apartments, with base reserve prices between Rs 1.78 crore and Rs 3.09 crore. The flats range from 142 sqm to 250 sqm in plinth area. “Spanning 30 hectares, the East Delhi Hub is being designed as a high-quality mixed-use urban center, integrating residential, commercial, and civic…

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Deputy CM Pays ₹17.7 Crore Unpaid Rent to 883 Magathane Families

MUMBAI: In the lead-up to the BMC elections, Deputy Chief Minister Eknath Shinde has transferred approximately ₹17.7 crore in overdue rents to 883 families involved in a Slum Rehabilitation Authority (SRA) project in Magathane on Tuesday. The redevelopment project for the Devipada Cooperative Housing Society, which spans 30,287 sq m of Mhada land, has faced delays, accumulating approximately ₹46 crore in overdue rents owed to the affected slum dwellers, as reported by SRA officials. Earlier this month, when the builder remitted ₹17.7 crore to the SRA, Shinde, also serving as the state housing minister, allocated the entire sum to eligible…

Latest StoriesResidential

Tamil Nadu Eases Parking Rules for Large Homes; FSI Increase Ahead

Representative image CHENNAI: If you’re planning to construct a new home, you’ll now need less space for parking thanks to the recent amendment to the Tamil Nadu Combined Development and Building Rules, 2019. This update reduces parking requirements for new large residential buildings. The amendment, issued on October 10, mandates that homes on plots of 3,200 square feet (300 square meters) or larger must allocate parking space for at least four cars and four two-wheelers. This policy applies to all residential building approvals within corporations, municipalities, and town panchayats. For smaller plots, the previous regulations remain in effect—requiring space for…