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

Sanjali Bajaj Acquires Sea-View Apartment in Worli for ₹66 Crore

Representative AI image Sanjali Bajaj, the daughter of Bajaj Group scion Sanjiv Bajaj, has purchased a luxurious sea-view apartment in a tower on Dr. Annie Besant Road in Mumbai’s Worli area for ₹66.41 crore. The apartment, which spans a carpet area of 5,510 sq ft, is valued at over ₹1,20,500 per sq ft. It is located on the 5th habitable floor and features an exclusive balcony measuring 430 sq ft. The purchase includes two additional sections on the 8th podium level, totaling 1,360.89 sq ft and 14.20 sq ft, mainly for parking and ancillary purposes, as indicated in documents accessed…

Latest StoriesResidential

OSHB, BDA Allocate 1,600+ Plots in Bhubaneswar

BHUBANESWAR: The Odisha State Housing Board (OSHB) and the Bhubaneswar Development Authority (BDA) have collectively allocated over 1,600 plots and homes under various housing schemes in the capital over the past thirty years. In response to a question from legislator Manorama Mohanty, state housing and urban development minister Krushna Chandra Mahapatra shared this information in the assembly. The OSHB has allocated 692 plots and houses in two significant schemes. Among these, 460 units under MIG and HIG categories were distributed in the Satyasai Enclave scheme at Mouza Aiginia, while 232 HIG units were granted under the Dharma Vihar scheme at…

Latest StoriesResidential

Ahmedabad: 11 Tenements Sealed for Illegal PGs in Thaltej

Representative AI image AHMEDABAD: Authorities sealed eleven tenements at Soham Row Houses in Thaltej for allegedly running paying guest (PG) accommodations without proper authorization from the Ahmedabad Municipal Corporation (AMC). The AMC had previously issued notices to these units, urging them to obtain the necessary permissions. However, compliance was not met, leading the estate TDO department in the North West Zone to seal three tenements on December 3 and eight on December 4. Earlier this year, a BJP Rajya Sabha MP called for legal action against unauthorized PG units during a coordination meeting with MPs and MLAs chaired by the…

Latest StoriesResidential

Rajasthan Halts ‘Patta’ Registrations Amid Long-ignored Issues

JAIPUR: In a significant step to regulate real estate practices, the state government has halted the registration of properties associated with housing society “pattas.” This informal documentation has been the source of countless complaints, legal disputes, and negative audit findings over the years. Sub-registrars are now forbidden from registering plots issued by private housing or cooperative societies, a regulation that experts believe should have been enacted a decade ago. The prohibition aims to address the rise of unauthorized colonies, particularly in Jaipur’s outskirts like Ajmer Road and Kalwar Road, where societies have been selling plots without valid land-use conversions or…

Latest StoriesResidential

Minister vows relief for rural properties in Bengaluru

BENGALURU: Following the state government’s easing of the Supreme Court-mandated Occupancy Certificate (OC) rule for property owners within Greater Bengaluru limits, there is now hope for thousands of homeowners in gram panchayat areas as well. During a meeting with Energy Minister KJ George, Bengaluru’s MLAs and MLCs requested an extension of the same exemption to panchayat areas, particularly those on the outskirts of GBA. The minister assured the legislators that relief for these residents would be forthcoming. Yeshwanthpur MLA ST Somashekhar highlighted the challenges faced by citizens, noting that much of Bengaluru’s real estate development is occurring in panchayat-governed areas.…

Latest StoriesResidential

Only 20% of Noida Housing Projects Have Cleared Dues

Sure! Here’s a rewritten version of your content: — NOIDA: A detailed financial analysis of 116 group housing projects allocated between the mid-2000s and early 2010s reveals that the Noida Authority has yet to recover ₹34,283 crore in outstanding dues as of November 30. A significant portion of this total, roughly ₹26,000 crore, is associated with projects currently under insolvency proceedings or litigation, rendering them nearly impossible to recover in the short term. Of the outstanding amount, ₹18,703 crore is from nine Amrapali projects and five Unitech projects, both under the oversight of the Supreme Court. Additionally, ₹7,300 crore is…

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NBCC to Revamp Unsafe Tulsi Niketan Flats in Ghaziabad

GHAZIABAD: The National Buildings Construction Corporation (NBCC) has been appointed to manage the long-anticipated redevelopment of Tulsi Niketan, which has been classified as an ‘unsafe’ colony for almost six years. On Monday, a new Memorandum of Understanding (MoU) was signed with the Ghaziabad Development Authority (GDA), designating NBCC as the project management consultant responsible for overseeing construction in the housing complex. According to GDA Secretary Rajesh Kumar Singh, the redevelopment will occur in two phases under a Public-Private Partnership (PPP) model, with an expected completion timeline of three years. Constructed by the GDA in the 1990s on 7.8 hectares, the…

Latest StoriesResidential

Bhubaneswar: Plot Handover in Vasudev Vihar Delayed for Buyers

Representative AI image BHUBANESWAR: Progress in handing over the plots in the Vasudev Vihar scheme has been slow, with the Odisha State Housing Board (OSHB) yet to finish their development. In April 2022, OSHB, a state agency under the housing and urban development department, advertised the property comprising 166 plots of various sizes in Jagannathpur mouza, with bookings concluding in May 2022. The allotment procedure, initiated through a lottery system, was expected to conclude by December 2023, although the handover has yet to occur. Many buyers, primarily retired government employees, are eagerly waiting to take possession of the plots where…

Latest StoriesResidential

Sushmita Sen and Mom Acquire Two Mumbai Apartments for ₹16.89 Cr

NEW DELHI: Sushmita Sen’s mother, Subhra Sen, has acquired two apartments in the Elysian project by Oberoi Realty located in Goregaon East, Mumbai, for a total of ₹16.89 crore. Both purchases were officially recorded in November 2025. Subhra Sen’s first property cost ₹8.40 crore and encompasses a carpet area of 163.59 sq meters (1,760 sq ft), which also includes one designated car parking space. The transaction involved a stamp duty fee of ₹42.02 lakh along with registration charges of ₹30,000, as per property registration documents reviewed by Square Yards. The second apartment was acquired for ₹8.49 crore and shares the…

Latest StoriesResidential

Hyderabad: 40% of Neopolis Homes Struggle Amid Big Land Auctions

HYDERABAD: Recent high-stakes land auctions have spotlighted Neopolis, Kokapet’s prime real estate area, but the situation on the ground is less promising for developers. Industry estimates indicate that about 40% of the over 10,000 homes launched here in recent years are struggling to sell, particularly larger units exceeding 4,500 square feet, with some projects reaching up to 7,000 square feet. “With the latest auctions and project announcements, unsold inventory is expected to increase further. We could see an additional 4,000 units added to the market, potentially slowing sales,” cautioned a senior real estate consultant, emphasizing the over-saturation in Hyderabad’s property…