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

MHADA Cuts Vikhroli Flat Prices by 7.5% Due to Low Demand

Here’s a rewritten version of the content: MUMBAI: In light of disappointing public interest, Mhada has announced a 7.5% price cut for 1,221 flats available in Vikhroli for the upcoming lottery on June 5. This price reduction brings the cost down by Rs 10 lakh. Previously priced between Rs 1.45-1.48 crore, the flats in Kannamwar Nagar, Vikhroli, are now available for Rs 1.35-1.37 crore. Recent years have seen a decline in public interest in the Mhada housing lottery, as its previously affordable flats now command market-level prices. Potential buyers have expressed that private developers offer superior construction quality and amenities…

Latest StoriesResidential

Prayagraj: PDA Permits Family Members to Buy Flats Together

PRAYAGRAJ: In a pivotal move aimed at enhancing housing accessibility and encouraging the sale of unsold properties, the Prayagraj Development Authority (PDA) has introduced the long-anticipated Model Costing Guidelines. This new policy permits multiple family members to buy separate flats or houses under its residential schemes. This change represents a significant shift from prior regulations that restricted allotments in PDA housing projects to just one family member. Officials pointed out that no significant guidelines governing property transactions in development authority schemes have been introduced since 1999. This reform is thus considered a landmark decision after 26 years, having been officially…

Latest StoriesResidential

Jharkhand Housing Board Cancels 30+ Residential Allotments in Ranchi

RANCHI: The Jharkhand State Housing Board (JSHB) is moving to revoke over 30 residential allotments in the Harmu and Bariatu housing colonies for unauthorized commercial use. This decision follows a series of notices issued to property owners who have not responded satisfactorily. A JSHB representative, speaking anonymously, stated that the cancellation process is nearly complete after three rounds of notifications were sent to owners operating businesses such as clinics, pharmacies, coaching centres, and retail stores on their residential plots. Officials from JSHB’s Ranchi division reported that nearly 400 commercial units have been identified operating illegally within residential areas across Harmu,…

Latest StoriesResidential

Mumbai Sees 13,800+ Property Registrations in April: Knight Frank

NEW DELHI: The residential market in Mumbai maintained its strong performance, as property registrations surpassed 13,800 units in April 2026—marking the highest count for the month in over 14 years, according to data analyzed by Knight Frank India. During the month, registrations within the Brihanmumbai Municipal Corporation (BMC) jurisdiction reached 13,864 units, reflecting a 6% increase year-on-year. This figure exceeds last year’s April peak of 2025. Stamp duty collections for April were estimated to exceed ₹1,100 crore, showing a slight increase of one percent compared to the previous year. The modest growth in collections—despite higher registrations—indicates a shift in the…

Latest StoriesResidential

Mumbai Dissidents Demand Report on Taximen’s Colony Redevelopment

MUMBAI: Dissident members of the Bombay Taximen’s Cooperative Housing Society are preparing to contact the district deputy registrar (DDR) regarding the contentious special general meeting (SGM) that took place on Sunday, during which redevelopment rights were granted to Syba Spaces. During the SGM held at Taximen’s Colony, tensions escalated, prompting police presence to maintain order as opposing groups clashed over the decision to finalize Syba Spaces for redeveloping the aging complex. Dissenters raised concerns about a lack of transparency, claiming they were not allowed to record the meeting despite notifying the DDR and the managing committee on April 24 of…

Latest StoriesResidential

5 Lakh Families in J-K to Get ‘Pucca’ Houses After Verification

SRINAGAR: Union Minister for Agriculture and Rural Development Shivraj Singh Chouhan announced on Tuesday that all five lakh families in Jammu and Kashmir living in temporary ‘kuchha’ houses will receive permanent ‘pucca’ houses following a physical verification process. “Prime Minister Narendra Modi has entrusted me with the responsibility of providing permanent housing to the underprivileged under the PM Awas Yojna. A recent survey in Jammu and Kashmir indicated that five lakh families are without stable housing. I assure you, after validation, no one will remain in ‘kuchha’ houses here,” Chouhan stated during an event. The minister additionally introduced 330 new…

Latest StoriesResidential

490+ Plots Available in Lucknow’s Anantnagar Scheme

Representative Image LUCKNOW: The Lucknow Development Authority (LDA) is set to launch the second phase of online registration for residential plots in its Anantnagar scheme starting April 28. The registration period will remain open until May 27, with a total of 498 plots available for allocation through a lottery system. LDA Vice-Chairman Prathamesh Kumar has initiated the allotment process. Applicants must pay a registration fee of 5% of the estimated plot value. LDA officials noted that over 1,283 plots have already been allocated in previous phases. Spanning 785 acres along Mohan Road, the scheme is being developed with a grid-based…

Latest StoriesResidential

Noida: Mahagun Mywoods Residents Protest Builder’s Neglect

NOIDA: Residents of Mahagun Mywoods protested late Sunday, demanding prompt action from the builder regarding various unresolved issues, including sewage treatment failures, electricity dues, inadequate security, and malfunctioning lifts. This protest is part of a series of weekend demonstrations addressing these ongoing concerns, as previously reported by TOI. Residents highlighted multiple infrastructure problems, such as a non-operational sewage treatment plant (STP1), halted construction on STP2, faulty lifts, loose electrical fittings, and neglected common areas. They are also pushing for the completion of flat registries, resolution of unpaid water bills, a thorough safety audit, and accountability for alleged financial mismanagement. Security…

Latest StoriesResidential

Delhi Police Confirms 12,860 Tenants This Year

Representative AI image NEW DELHI: The Delhi Police have verified 12,860 tenants this year and filed nearly 900 cases against individuals for failing to comply with the mandatory verification requirement. According to police records, 27,497 tenant verification forms were completed in 2025, averaging around 2,291 forms per month. That year, 5,378 cases were registered against individuals who violated tenant verification norms. As of March 31, 2026, 12,860 tenant verification forms have been submitted, resulting in 896 cases filed under Section 223 of the Bharatiya Nyaya Sanhita (BNS) concerning disobedience of lawful orders from a public servant. “On a monthly basis,…

Latest StoriesResidential

Over 140 Eligible for ₹50 Lakh Housing Repair Aid in Ward 72

LUDHIANA: The state government will allocate financial aid to 144 beneficiaries from economically weaker sections to refurbish their homes through the Rangla Punjab scheme. Each beneficiary, mainly from the Jawahar Nagar camp in Ward 72, will receive Rs 35,000 for roof repairs, amounting to a total expense of Rs 50.4 lakh. The proposal was recently sanctioned by the finance and contracts committee of the Ludhiana municipal corporation after officials assessed the poor conditions of the homes. Beyond the damaged roofs, inspectors also discovered several houses with broken floors and door frames. As part of the wider Rangla Punjab initiative, six…