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

41 Lakh Homes Built for Poor: Bihar IPRD Minister

PATNA: Shrawan Kumar, the Rural Development and IPRD Minister, announced that Bihar has constructed 4.156 million pucca houses for the impoverished over the past decade, starting from the 2016-17 fiscal year. During this period, administrative approval was granted for a total of 4,909,806 housing units, with over 85% of construction successfully completed. The minister detailed that the former Indira Awas Yojana was revamped in the 2016-17 financial year to provide durable housing with essential amenities to impoverished families in rural areas, many of whom lived in makeshift and crumbling homes or were entirely homeless. This program was rebranded as the…

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Mhajo Flat Scheme Launch in 15 Days, Says Goa CM

PANAJI: Chief Minister Pramod Sawant announced on Thursday that “Mhajo Flat,” a scheme introduced in the state budget, will be launched within 15 days. This initiative seeks to settle a persistent legal issue affecting 30,000 to 40,000 flat owners in Goa who are currently unable to register their properties in their names. Sawant highlighted that many flat buyers, despite having purchased their homes decades ago, lack formal ownership. Often, the land where these residential complexes are built still belongs to the original landowner, who may no longer be available or residing in Goa to sign the necessary transfer documents. “In…

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1.1 Lakh Applicants Compete for 973 Noida Airport Plots

Representative AI image NOIDA: The demand for land near Noida International Airport has skyrocketed, with the Yamuna Authority receiving 110,034 applications for 973 residential plots. On Thursday, a draw was held at the India Expo Centre and Mart in Greater Noida to allocate these plots. Some were specifically set aside for farmers, SC/ST communities, the disabled, and industrialists with operational units near the airport. The allotment drive was announced by the Yamuna Authority in April, attracting applications from locals, professionals, investors, and businesses. Out of the total applications, 140 were rejected due to duplication, while 23 were voluntarily surrendered. The…

Latest StoriesResidential

Bihar Hikes Circle Rates, Making Land and Flat Purchases Costlier

PATNA: The cost of buying land and homes in Bihar has risen following the state government’s announcement on Thursday to increase registration fees for properties in both rural and urban areas. The updated minimum value register (MVR), or circle rates, shows a 60% hike in rural land rates and a doubling of urban rates. The prohibition, excise, and registration department released a notification on Thursday, with the revised rates taking immediate effect. Furthermore, the government has instituted an automatic yearly increment of 5% in MVR rates. The previous revision for MVR rates was conducted in 2013 for rural regions and…

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Homebuyers suffer as NCR property registration stalls due to strike

NOIDA: Manish Dixit has been visiting the sub-registrar’s office in Greater Noida for nearly three weeks, trying to complete the registration process for his newly purchased flat. Each visit has been met with disappointment. Dixit bought the apartment for Rs 80 lakh, financing Rs 65 lakh through a housing loan from HDFC Bank. While the payment formalities are complete, the final registration is on hold due to an ongoing strike by lawyers and deed writers protesting the Uttar Pradesh government’s move toward e-registration of property documents. The protests began on June 10, when deed writers halted their work in Greater…

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Tulip Infratech to Invest ₹1,100 Cr in Gurugram Housing

NEW DELHI: Tulip Infratech Group is set to invest approximately ₹1,100 crore in Tulip Melrose, a residential project located on Southern Peripheral Road in Gurugram. The 7.5-acre development will feature a height of around 495 ft and will comprise over 600 units, including four residential towers with spacious residences, clubhouse amenities, and a sky terrace connecting the towers. “Southern Peripheral Road is entering a defining phase of growth and is progressively becoming one of NCR’s luxury residential hubs,” stated Parveen Jain, chairman & managing director of Tulip Infratech Group. Published On Jun 17, 2026 at 05:00 PM IST Join 2M+…

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Subhash Chandra’s Delhi Bungalow Sold for ₹1,260 Crore

NEW DELHI: Subhash Chandra, chairman of Essel Group, has decided to sell a bungalow on Bhagwan Das Road in Delhi to a local business family for ₹1,260 crore, marking one of the priciest property transactions in the nation. Chandra acquired this 2.8-acre property in 2015 for ₹304 crore. “This property was one of the most coveted in Lutyens’ Delhi and is among the select few priced above ₹1,000 crore,” stated a source familiar with the deal. “All formalities and monetary transactions are expected to be finalized by December 30, 2026.” Additionally, a nearby bungalow situated on a 3.2-acre plot is…

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Kalki Koechlin Sells Mumbai Apartment for ₹2.55 Crore

NEW DELHI: Kalki Koechlin has sold her apartment located in the Varsova Kiran Co-operative Housing Society, Andheri West, Mumbai, for ₹2.55 crore. The apartment spans an area of 114.31 sq meters (1,230.42 sq ft). The transaction required a stamp duty payment of ₹16.08 lakh and registration charges of ₹30,000, based on property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website. Koechlin originally acquired the apartment in December 2015 for ₹1.95 crore. With its current sale price at ₹2.55 crore, the actress has realized an appreciation of approximately ₹60 lakh over her nearly 10-year ownership,…

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127 Families in Thane Still Await Flats, Says MHADA

MUMBAI: The plight of 127 families from Vartak Nagar, Thane, awaiting housing after redevelopment, received a ray of hope as MHADA has officially recognized that they have yet to be rehabilitated. This recognition came in MHADA’s conditional consent to the Thane Municipal Corporation (TMC) regarding the issuance of final occupation certificates for Buildings 54, 55, and 56. MHADA indicated that any occupation certificate issued by TMC would depend on the outcome of a petition filed by the distressed residents in the Bombay High Court. In April 2025, the High Court noted that permanent alternate accommodation had not yet been provided…

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Lucknow to Launch Varun Vihar & Naimish Nagar Housing Projects

LUCKNOW: The Lucknow Development Authority (LDA) is set to launch its Varun Vihar and Naimish Nagar housing schemes, with online registration commencing for over 3,100 residential plots in the initial phase. This plan was confirmed by LDA vice-chairperson Prathamesh Kumar on Monday. Plots ranging from 72 sq m to 450 sq m will be available across two sectors in each project. Varun Vihar, covering 6,580 acres along the Agra Expressway, aims to house 3.5 lakh residents and enhance industrial, healthcare, educational, and logistics sectors. In the first phase, LDA will provide 1,926 plots in Varun Vihar, including 1,218 in Kailash…