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

Discounts on Siddharth Vihar Plots & Flats in Ghaziabad

GHAZIABAD: The UP Housing Board is offering a festive-season discount of up to 15% on plots and residential units in the Siddharth Vihar township until March 31. Covering over 635 acres, the township is 30% developed, yet its prime location makes it an attractive residential area. Situated along the Delhi-Meerut Expressway, it is just a 5-minute drive from both the Ghaziabad rapid rail station and the Shaheed Sthal metro station. Last year, the board increased plot rates by Rs 6,180 per sq m, raising them from Rs 58,820 per sq m. Currently, a 100 sq m plot in the township…

Latest StoriesResidential

DDA to Manage Daily Upkeep of Flats from April

NEW DELHI: In a strategic initiative to enhance flat sales, including those built before 2021, the Delhi Development Authority (DDA) will now oversee the daily maintenance of these housing complexes. The DDA will levy quarterly fees from flat owners to provide essential services such as security, maintenance of communal areas, cleaning of rooftop and water tanks, upkeep of basements, and management of electrical installations and elevators. The services will extend to minor repairs of shared spaces—like staircases, lift lobbies, and corridors—as well as maintaining water supply lines for horticulture. The DDA will continue its maintenance operations until occupancy in a…

Latest StoriesResidential

Nayanthara Purchases ₹31.5 Crore Duplex in Poes Garden, Chennai

File Photo South Indian actress Nayanthara and her husband Vignesh Shivan have purchased a duplex apartment in the Legacy project at Poes Garden, Chennai, for ₹31.5 crore. Data from Zapkey indicates that the property was acquired from Landmark Metro Projects. The transaction valued the property at ₹21,946 per sq ft, with Nayanthara owning 90% and Vignesh the remaining share. The unit, which occupies the 4th and 5th floors, covers a super built-up area of 14,369 sq ft, with an undivided land share of 5,308 sq ft and eight covered parking slots. The market value is recorded at ₹40 crore, attracting…

Latest StoriesResidential

Refund Excess Power Charges to Gurugram Residents: Panel to RWA & Unitech

GURUGRAM: The Haryana Electricity Regulatory Commission (HERC) has ordered the resident welfare association (RWA) of Uniworld Gardens II in Gurgaon, along with developer Unitech Realty Pvt Ltd, to adhere to electricity billing regulations and to refund any excess charges collected from residents. The commission has also imposed a penalty of Rs 50,000 on the RWA, with a directive to comply within 30 days. Non-compliance may result in an additional penalty of Rs 6,000 per day. Furthermore, the commission has prohibited Unitech from citing a Supreme Court moratorium as grounds for non-compliance with electricity billing standards. The complaint was submitted by…

Latest StoriesResidential

Haryana to Require Registration of Property Sale Agreements

GURUGRAM: Haryana’s Chief Minister Nayab Singh Saini has announced a proposal to mandatorily register Agreements to Sell in order to enhance transparency and legal protection in property transactions during the budget statement. Currently, these agreements are often made on plain paper or notarized privately, without official documentation. This lack of registration exposes buyers to risks such as fraud, double-selling, delayed possession, and lengthy litigation, as unregistered agreements carry lesser evidentiary weight in legal disputes. By requiring registration, the government aims to ensure that all property commitments are formally documented, time-stamped, and recorded with revenue authorities. This will help verify ownership,…

Latest StoriesResidential

NDMC Orders Palika Dham Residents to Vacate by March 7

NEW DELHI: The New Delhi Municipal Council (NDMC) issued a new public notice on Tuesday instructing residents of the Palika Dham complex near Gole Market to vacate the premises immediately due to safety concerns regarding the building. The notice, signed by the NDMC’s joint director, sets March 7 as the deadline for residents to leave. “We wish to inform the public that the structure is in a dilapidated state and is unsafe for habitation. We request all Palika Dham residents to cooperate with the administration in vacating the premises to avoid any risks,” the notice stated. Additionally, the NDMC announced…

Latest StoriesResidential

Delhi Mayor Urges Residents to Clear Property Tax Dues by March 31

New Delhi: Mayor Raja Iqbal Singh has encouraged property owners in the national capital to take advantage of the ‘Sumpattikar Niptaan Yojana’ (SUNIYO) 2025-26, a property tax amnesty scheme that has been extended until March 31. The mayor reported that over 1.8 lakh taxpayers have benefited from the initiative, generating Rs 1,089.97 crore in property tax as of March 1. Among this, Rs 211.44 crore came from more than 1.34 lakh residential properties, while Rs 878.52 crore was collected from 52,759 non-residential properties. Describing it as a “golden opportunity,” he urged eligible taxpayers to settle their pending dues without incurring…

Latest StoriesResidential

Ghaziabad body enlists brokers, marketing to sell 1,700 flats

Representative AI image GHAZIABAD: The Ghaziabad Development Authority (GDA) is set to engage brokers and form a marketing team to sell over 1,700 unsold residential units, according to an official announcement. “Currently, there are 1,748 residential units from at least five housing schemes that remain unsold, despite some interest in these 1, 2, and 3 BHK units, as well as mini Low Income Group (LIG) and LIG flats priced up to Rs 70 lakh each,” the official disclosed. This new strategy aims to secure over Rs 500 crore from these properties. Under this initiative, which mirrors tactics often used by…

Latest StoriesResidential

Sushmita Sen and Mom Lease Mumbai Apartment for ₹1.95 Lakh/月

Sure! Here’s a rewritten version of the content you provided: File Photo NEW DELHI: Sushmita Sen and her mother, Subhra Sen, have listed their apartment in Oberoi Exquisite, Goregaon, Mumbai, for rent at a starting price of ₹1.95 lakh per month. The apartment features a carpet area of 92.5 sq meters (996 sq ft) and a total area of 115.29 sq meters (1,241 sq ft). The agreement includes two parking spaces, with costs comprising a stamp duty of ₹18,900, registration fees of ₹1,000, and a security deposit of ₹6 lakh, as per property registration documents accessed on the Inspector General…

Latest StoriesResidential

Post-HC Setback, Ghaziabad Residents Want Political Fix for Taxes

GHAZIABAD: The Allahabad High Court recently upheld the Ghaziabad Municipal Corporation’s (GMC) decision to raise property taxes. Former councillors are now seeking political avenues to reverse this decision, while still considering a legal challenge. Rajendra Tyagi, a co-petitioner and former GMC councillor, mentioned they plan to approach the Supreme Court within the next 90 days to contest the ruling from February 25, although he expressed a preference for a political solution. “Going to the Supreme Court is a lengthy process. We prefer resolving it politically for the greater good,” Tyagi stated. The debate revolves around a new property tax structure…