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

RLDA to Lease Yeshwantpur Land for Residential Project

Representative AI image BENGALURU: To bolster its revenue, the Rail Land Development Authority (RLDA) plans to lease 34,517 sqm of railway land in the Yeshwantpur railway colony. According to the RLDA’s request for proposal, a 99-year lease is set for residential development, which involves constructing apartments. The selected developer will also oversee the redevelopment of the railway colony, part of the Bengaluru division of South Western Railway (SWR), which currently houses 316 employee quarters. The project, estimated at Rs 119 crore, will have the revenue generated from residential properties shared between the developer and RLDA. “Both railway quarters and private…

Latest StoriesResidential

Kerala Landslide Survivors Choose New Homes via Lottery

MEPPADI: During a house allotment event for survivors of the Mundakkai-Chooralmala landslide disaster at MSA Auditorium on Friday, Valsala, a plantation worker from Chooralmala employed with Harrisons Malayalam Ltd, was filled with emotion as she participated in the draw. This allotment allowed the first group of 178 beneficiaries to choose from houses constructed under the township initiative in Kalpetta, with participants selecting slips that contained three-digit codes representing zone, cluster, and plot numbers. “I couldn’t hold back my tears when I drew the lot. Memories of my 35-year-old son overwhelmed me. Not a day goes by without crying for him…

Latest StoriesResidential

Over 2,200 Unsold Homes by Bengaluru Development Body

BENGALURU: Despite being priced lower than similar offerings from private developers, thousands of flats and villas built by the Bangalore Development Authority (BDA) on the city’s outskirts are finding it hard to attract buyers. Currently, 2,294 units remain unsold even years after completion. The BDA has made various efforts to stimulate sales, such as hosting property fairs, providing bulk discounts, and offering a 5% rebate on selected projects, yet the response from potential buyers has been underwhelming. Residents attribute the lack of interest mainly to inadequate infrastructure. Many housing developments are devoid of essential amenities like proper road access, street…

Latest StoriesResidential

BPTP Partners on 11-Acre Residential Project in Surajkund

NEW DELHI: BPTP, through its wholly-owned subsidiary Urban Realtech, has formed a joint development partnership with the landowner to create a residential group housing project on nearly 11 acres in Sector 39, Surajkund, Faridabad. Kabul Chawla, the chairman and managing director of the company, stated, “We believe this project has the potential to enhance our regional portfolio and deliver long-term stakeholder value.” The proposed project is set to encompass a developable area exceeding two million square feet. Published On Feb 22, 2026 at 05:00 PM IST Join a community of over 2M industry professionals. Subscribe to our newsletter for the…

Latest StoriesResidential

Centre grants permanent housing; JJ clusters near PM’s home to vacate by March 6.

NEW DELHI: Residents of three jhuggi-jhopri (JJ) clusters near the prime minister’s residence have been instructed to vacate their homes following the Centre’s allocation of permanent housing as part of a rehabilitation initiative, as per an official notice. The notice, issued by the Land & Development Office (L&D) under the Ministry of Housing and Urban Affairs (MoHUA), mandates that residents of BR Camp, Masjid Camp, and DID Camp near Race Course Road relocate to the newly assigned flats at Savda Ghevra in northwest Delhi. A MoHUA official confirmed that all residents in these three clusters have been allocated housing, with…

Latest StoriesResidential

Central Park to Invest ₹1,200 Crore in Gurugram Housing Project

NEW DELHI: Central Park Estates is set to invest ₹1,200 crore in the development of the Belanova residential project in Gurugram. The project is projected to generate revenues of approximately ₹2,500–3,000 crore and will be financed through project funding and internal reserves. It will feature 124 residences with an average price of around ₹25 crore each. The company anticipates securing around ₹500 crore in FY26 through private offerings to friends and family, followed by an expected ₹1,000 crore in FY27. The development is expected to be completed by July 31, 2026. Published On Feb 20, 2026 at 07:33 AM IST…

Latest StoriesResidential

Pune property registrations drop 17% in January 2026: Knight Frank

Sure! Here’s a rewritten version of the content: PUNE: In January 2026, Pune saw 14,527 property registrations, yielding ₹609 crore in stamp duty, according to a Knight Frank India report. Although registrations dipped by 17% year-on-year compared to January 2025, stamp duty collections experienced a slower decline of 5%, indicating sustained activity in higher-value transactions. On a month-to-month basis, the city rebounded from the year-end dip, with registrations increasing by 20% and stamp duty collections rising by 37% compared to December 2025, the report highlighted. Properties priced below ₹1 crore remained prevalent, though their market share edged down to 82%…

Latest StoriesResidential

Home Sizes Up 17% in Two Years Across Seven Major Cities

NEW DELHI: The average size of apartments in India’s top seven cities has increased by 17% over the past two years, highlighting a shift towards larger units and a growing premium housing market, according to Anarock Research. The report indicates that the average flat size rose from 1,420 sq ft in 2023 to approximately 1,676 sq ft in 2025. The National Capital Region (NCR) topped the list with a steep increase of 30%, with average unit sizes growing from about 1,890 sq ft in 2023 to around 2,466 sq ft in 2025, driven by a notable rise in luxury offerings.…

Latest StoriesResidential

Vastrapur Societies to Offer Land for Road Widening, Taller Buildings

Representative AI image AHMEDABAD: Various societies in Vastrapur village have opted to relinquish portions of their land for road widening, in return for accelerated redevelopment that includes taller buildings. According to the state’s comprehensive general development control regulations, the height of new constructions in urban areas is dictated by the width of surrounding roads. As a result, redevelopment efforts for societies situated on narrow roads in Ahmedabad, such as those in Vastrapur, have been stalled. Currently, road widths in Vastrapur village measure 7, 7.5, and 9 metres. As the redevelopment of older societies has stalled, traffic congestion has escalated. However,…

Latest StoriesResidential

Illegal PG in Ahmedabad’s Science City LIG Housing Sealed

AHMEDABAD: On Tuesday evening, authorities took action to close an illegal paying guest facility operating within the Ahmedabad Municipal Corporation (AMC’s) LIG residential scheme in the Science City area, specifically the Gota ward. The Everest Enclave project, part of the Pradhan Mantri Awas Yojana, consists of six blocks and 336 houses. Based on complaints, the AMC’s vigilance team (estate/TDO) executed a surprise raid, discovering that House No. 305 in Block 2 and House No. 105 in Block 5 were being rented out as paying guest accommodations. The inspection revealed that House No. 105 was functioning as a PG facility, while…