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

Mihan Distributes Developed Plots to 116 Affected Families in Nagpur

Representative AI image NAGPUR: In a significant move to rehabilitate families affected by the Mihan project, the Maharashtra Airport Development Company (MADC) has allocated developed plots to 116 eligible beneficiary families through a transparent lottery process. The beneficiaries, opting for the 12.5% developed land scheme, have cleared the necessary development fees. The allotment was conducted through a lottery draw. Land owned by farmers in Shivangaon was acquired for the Mihan project, leading to several compensation measures, including the provision of 12.5% developed land to affected farmers. This decision, announced by then Chief Minister Ashok Chavan in the State Legislature, followed…

Latest StoriesResidential

Nagpur Police Requires Tenant Verification for Landlords & Agents

Representative AI image NAGPUR: In a move to enhance urban surveillance and monitor undocumented residents, Nagpur police have made tenant verification mandatory throughout the city. Landlords and property agents face criminal penalties for non-compliance. Utilizing powers under Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), Nagpur CP Ravinder Singal issued an order instructing all landlords, flat owners, and property agents to provide complete tenant information to the nearest police station prior to renting out properties or within 48 hours of occupancy. The order, effective from May 8 to July 7, requires landlords to submit details including tenants’ names, permanent…

Latest StoriesResidential

Delhi body selects TOD sites to promote affordable housing

Representative image NEW DELHI: The Delhi Development Authority (DDA) has identified 14 land parcels along metro corridors aimed at developing residential and mixed-use spaces to enhance affordable housing in the city, reducing outward migration to NCR towns. The identified plots, totaling over 3.6 lakh square meters, align with the recently introduced Transit-Oriented Development (TOD) policy and are positioned along the Blue, Red, Green, Pink, and Yellow metro lines. East Delhi features six sites—Dilshad Garden, Jhilmil, Preet Vihar, Karkardooma, and Mandawali/Fazalpur—while three sites are located in Dwarka. Additional plots can be found in Rohini, Madipur, Peeragarhi, and Rohtak Road. Most of…

Latest StoriesResidential

Ulhasnagar Residents Get Relief as State Begins Home Regularization

MUMBAI: Thousands of families residing in homes constructed in Ulhasnagar before 2011 may soon gain legal ownership rights, as the Maharashtra government has kick-started a significant regularisation process for longstanding residential encroachments. This initiative aims to tackle one of the most persistent housing issues in the city. A special review committee has been established for the 141 Ulhasnagar assembly constituency, with MLA Kumar Ailani appointed as chair. This decision provides much-needed relief to numerous lower- and middle-income families who have lived in uncertainty for decades. Many residents in Ulhasnagar’s old settlements and slums have faced challenges in obtaining legal property…

Latest StoriesResidential

Secunderabad: RWAs call for CCTV and security audits in gated areas

HYDERABAD: Representatives from the United Federation of Resident Welfare Associations met with Secunderabad’s additional deputy commissioner of police, J. Narsaiah, on Thursday to discuss improving safety for women and senior citizens while upholding the dignity of domestic workers. During the meeting, the delegation presented a memorandum suggesting several measures, such as mandatory police verification for domestic workers, drivers, and other household staff, installation of digital gate management systems in gated communities, CCTV surveillance in common areas, annual security audits, and awareness programs for residents. The representatives noted the need for verified databases of domestic workers and service personnel in residential…

Latest StoriesResidential

Residents Meet Noida Officials, Demand Civic Solutions

NOIDA: Residents’ Welfare Associations (RWAs) recently met with Noida Authority officials concerning overdue repair works for roads, drains, sewers, parks, as well as water and power supply. The general secretary of the RWA for Sector 51, covering blocks C to F, also requested the CEO to put a stop to various commercial activities such as paying guest accommodations, hotels, guest houses, banquet halls, offices, nursing homes, and schools operating from rented properties. Sanjeev Kumar, the RWA general secretary, expressed concern that the increase in commercial activities like hotels and guest houses poses a security risk. With numerous establishments emerging, it…

Latest StoriesResidential

Tamil Nadu RWA Calls for Statewide Property Tax Audit

CHENNAI: The Tamil Nadu Alliance of Resident Welfare Associations (TNARWA) has urged the state government to initiate an extensive and transparent audit of residential and commercial buildings. They assert that widespread property tax evasion and corrupt assessment practices have resulted in revenue losses amounting to hundreds of crores of rupees. The federation is calling for regular inspections of properties owned by MLAs, councillors, and other political figures. Additionally, they seek stringent action against both tax evaders and revenue officials who fail to conduct impartial assessments. “Given the state’s declining financial health and the difficulty in fulfilling various welfare commitments made…

Latest StoriesResidential

Godrej family purchases 2 Worli apartments for ₹294 crore

Tanya Dubash, a scion of the Godrej family and executive director at Godrej Industries Group, has acquired two luxury sea-facing apartments in a premium residential tower currently under construction at Mumbai’s Worli Sea Face for over ₹294 crore, according to property registration documents obtained by RealtyDailyNews. The apartments have been valued at more than ₹2.5 lakh per square foot, placing them among the highest-priced residential properties in the nation based on this rate. The two units, located on the 19th and 20th floors of the ultra-luxury tower Naman Xana, each boast a carpet area of approximately 5,812 sq ft, complemented…

Latest StoriesResidential

India’s Residential Rents Jump 14% in Early 2026: Magicbricks

NEW DELHI: According to the Magicbricks Rental Index, average residential rents in India rose by 14% year-on-year and 2% quarter-on-quarter in the January-March 2026 period. During this period, rental demand increased by 0.6% quarter-on-quarter, while the supply grew by 9% sequentially and 12% year-on-year, spurred by the completion and handover of new projects in developing areas. The report indicates that the market is approaching a more balanced state, with new supply moderating rental increases in key cities. The ₹10,000-20,000 monthly rental bracket constituted 36% of total demand, followed by the ₹20,000-30,000 range at 22%. Among residential configurations, 2BHK units continued…

Latest StoriesResidential

Ranbir Kapoor Purchases 2,134 sq ft in Ayodhya for ₹3.31 Cr

NEW DELHI: Ranbir Kapoor has purchased a 2,134 sq ft land parcel in Ayodhya for ₹3.31 crore. The property is part of The Sarayu, a 75-acre plotted development by House of Abhinandan Lodha (HoABL). In March 2026, Amitabh Bachchan acquired a 2.67-acre land parcel in the same city for ₹35 crore from HoABL. The deal was managed by Rajesh Yadav, managing director of AB Corp. HoABL currently has approximately 34 million sq ft under active development and aims to expand to 48 cities across India. Published On May 14, 2026 at 04:35 PM IST Join over 2M industry professionals. Subscribe…