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

Ghaziabad: 307 Societies Receive Notices for Missing Power Audits

GHAZIABAD: The power department has sent notifications to 307 housing societies throughout the city for neglecting to submit mandatory annual electricity audit reports. This action is part of an effort to regulate common-area power usage and prevent Resident Welfare Associations (RWAs) and Apartment Owners Associations (AOAs) from overcharging residents. The audit encompasses electricity used in shared facilities, including lifts, lobbies, basements, parking areas, clubhouses, and street lighting. Approximately 350-360 housing societies in the district are required to submit these annual reports, yet only 53 have complied to date. Executive Engineer (Trans-Hindon) Amit Jha noted that the department initially provided societies…

Latest StoriesResidential

BMC Approves 126 Tree Removal for Powai SRA Project; 4K Homes to PAP

Representative AI image MUMBAI: On Tuesday, the BMC’s Tree Authority approved a proposal to cut down 126 trees for a slum rehabilitation project at Hiranandani Udyan in Powai. The decision followed the developer’s commitment to provide over 4,000 free rehabilitation flats for those affected by various infrastructure projects led by the Mumbai Metropolitan Region Development Authority (MMRDA) and the Slum Rehabilitation Authority (SRA). The proposal presented to the Tree Authority requested permission to remove trees obstructing construction on plots 23A (Part), 26A (Part), and 27 (Part), now bearing New Plot Number 23/9/2, located in Powai village, Kurla taluka. The application…

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CM seeks 11.56 lakh PMAY-G homes for Telangana from Centre

HYDERABAD: Telangana Chief Minister A. Revanth Reddy on Tuesday appealed to Union Minister Shivraj Singh Chouhan to allocate 11.56 lakh houses to the state under the PMAY-G scheme. During a meeting with Chouhan, the Union Minister for Agriculture and Rural Development, Reddy emphasized the state’s commitment to providing housing for the underprivileged since taking office. He updated Chouhan on the progress of housing construction under Telangana’s ‘Indiramma’ scheme and highlighted how demand has surged due to the previous BRS government’s inadequate utilization of the Pradhan Mantri Awas Yojana-Gramin scheme. Consequently, many individuals have been without homes over the last decade.…

Latest StoriesResidential

Haryana Cabinet Lowers Stamp Duty, Registration Fees for EWS

CHANDIGARH: The Haryana Cabinet convened on Tuesday to approve multiple initiatives focused on enhancing affordable housing, stimulating industrial growth, enhancing governance, reinforcing welfare programs, and fostering electric mobility. In a significant step for beneficiaries of the Pradhan Mantri Awas Yojana-Urban 2.0, the Cabinet, led by Chief Minister Nayab Singh Saini, sanctioned a notable reduction in stamp duty and registration fees for Economically Weaker Section (EWS) beneficiaries looking to buy eligible homes of up to 60 square metres. Under this decision, eligible beneficiaries will only pay Rs 500 for stamp duty and another Rs 500 for registration per property deed. Currently,…

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Flat Registrations Halted; Nagpur Civic Body Assumes NIT Approvals

Representative AI image NAGPUR: The registration of flats in Nagpur has been temporarily halted as the district administration initiates a thorough verification of builders’ compliance with essential infrastructure and safety standards prior to granting occupancy certificates (OCs). This decision was made by guardian minister Chandrashekhar Bawankule in a District Planning Committee (DPC) meeting on Monday, which also introduced several significant urban governance decisions. In a notable policy change, Bawankule revealed that the Nagpur Municipal Corporation (NMC) will now have the authority to approve building plans in layouts created by the former Nagpur Improvement Trust (NIT), consolidating building permissions under a…

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Thiruvananthapuram: Stalled housing project leaves families waiting

Sure! Here’s a rewritten version of the content: Representative AI image THIRUVANANTHAPURAM: The Thanal Housing Project in Muttathara, aimed at rehabilitating families from the nearly 50-year-old Vikalanga Colony, remains on hold despite receiving technical approval from the local self-government department (LSGD) in August 2025. New technical and cost challenges have delayed the contractor from starting work, leaving around 100 families waiting for permanent housing for another year. The ongoing delay has also stalled the relocation of slaughterhouses across from the colony to a newly built modern abattoir in Kunnukuzhy, as the residents’ rehabilitation is seen as a requirement for moving…

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Virat Kohli and Anushka Sharma buy ₹18.29 crore apartment in Versova

NEW DELHI: Virat Kohli and Anushka Sharma have purchased an apartment in Godrej Skyshore, Versova, Mumbai, for ₹18.29 crore, as per documents obtained by Zapkey. The apartment, identified as A-2403, is situated on the 24th floor of Tower A in Godrej Skyshore. The seller of the property is Godrej Properties, according to the registration paperwork. This residence has a RERA carpet area of 245.71 sq metres, roughly equivalent to 2,644.8 sq ft, which includes a carpet area of 216.30 sq metres (approximately 2,328 sq ft) along with an adjacent exclusive area of 29.41 sq metres (around 316.5 sq ft). The…

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Strata Invests ₹96 Crore in Chennai, Bengaluru Housing Projects

Representative AI image NEW DELHI: Tech-enabled investment platform Strata has committed ₹96 crore to three RERA-approved residential projects in Chennai and Bengaluru, highlighting the increasing interest in private credit backed by Southern India’s real estate market. The investment comes as demand for capital in southern India grows, particularly for plotted developments. In Chennai, Strata has allocated ₹66 crore across two residential developments located in the Old Mahabalipuram Road (OMR) corridor. These investments are structured to yield targeted annual returns of approximately 16%, payable monthly or quarterly. The funding will contribute to a 1.75-acre apartment project in Semmancherry and a 3.21-acre…

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Chhattisgarh Sees 45% Surge in Women’s Property Registrations

Representative AI image RAIPUR: In Chhattisgarh, a new policy aimed at enhancing women’s visibility in property records is reflecting positive results in recent data. The reduction in registration fees for properties registered in women’s names has elevated their share of registered deeds from 32% to 41% in less than two months. This increase indicates a meaningful shift in a region where land ownership has traditionally been associated with family authority, financial stability, and predominantly male ownership. Impact of fee reduction: From May 6 to June 30, the number of property documents registered in women’s names surged to 21,292 from 14,668…

Latest StoriesResidential

Manesar to Map PGs and Guesthouses in Residential Areas

GURUGRAM: Following a crackdown on unauthorized paying guests (PGs) and guesthouses in residential areas, the Municipal Corporation of Manesar (MCM) will start collecting property taxes from these establishments. “Buildings that fail to pay their taxes will be sealed immediately,” said MCM Commissioner Pradeep Singh on Thursday. A survey of regions with a high concentration of PGs is to be conducted within 15 days, as directed by Singh. He emphasized that residential buildings serving as PGs, guesthouses, hotels, or hostels must pay taxes applicable to commercial entities. The corporation has identified its top 100 tax defaulters, who collectively owe Rs 229…