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

Andhra Pradesh’s 60-40 Model Reduces MIG Plot Costs

VISAKHAPATNAM: The Andhra Pradesh government has initiated registrations for middle-income group (MIG) plots under the Dr. NTR Smart Township scheme, utilizing a 60–40 model. In this approach, 60% of the land value is categorized as the sale price while 40% represents development charges, effectively lowering registration fees by 40%. Plot owners are projected to save between ₹60,000 and ₹1 lakh, depending on the size of the plot, with layouts like Palavalasa near Anandapuram already yielding benefits. With MIG layouts being developed statewide, this initiative is expected to positively impact thousands, leading to total savings in the crores. Specifically, in the…

Latest StoriesResidential

Karnataka CM’s Housing Drive to Uplift Slum Dwellers

HUBBALLI: Karnataka Chief Minister Siddaramaiah announced on Saturday that his government is actively working to provide housing for slum dwellers, aiming to integrate them into mainstream society. Speaking at a significant event marking the dedication of 42,345 houses out of a total of 1,80,253 being constructed under the Pradhan Mantri Awas Yojana ‘Shelter for All’, the Chief Minister handed out house allotment letters and title deeds as part of the Slum Development Board’s golden jubilee celebrations. Reflecting on his previous term, he noted, “During my first tenure as Chief Minister from 2013-18, our Congress government constructed 14,58,000 houses, leading a…

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Nashik: 75,000+ beneficiaries to receive homes on Republic Day

NASHIK: The Nashik Zilla Parishad (ZP) has facilitated the construction of over 75,000 homes through various housing schemes, which will be handed over to beneficiaries on Republic Day. The CEO of Nashik ZP, Omkar Pawar, stated, “The construction and payments to the beneficiaries have been completed. They will move into their new homes on Republic Day.” The District Rural Development Agency has reported that 51,000 houses were built under the Pradhan Mantri Awas Yojana (Rural), with an additional 24,000 houses constructed through various state-sponsored initiatives. “This endeavor was successfully executed through collaboration among various departments. The Nashik ZP is dedicated…

Latest StoriesResidential

Lucknow Body to Build Luxury Flats in Gomtinagar Extension

Representative AI image LUCKNOW: The Lucknow Development Authority (LDA) plans to develop the Narmada Apartment in Sector-4 of Gomtinagar Extension, featuring 300 luxury flats along with 12 penthouses. LDA Vice-Chairman Prathamesh Kumar announced that registration for these flats will be open from January 24 to February 23, offering only 3BHK plus study configurations. Applications will be accepted solely through the LDA website, with a registration fee of 5% of the estimated flat cost. Candidates from reserved categories will be required to pay a reduced fee of 2.5%. Allotment of the flats will be determined by a lottery system. Each flat…

Latest StoriesResidential

Gurugram Buyers Seek Police Help Against CHD Developers’ Pressure

GURUGRAM: Homebuyers of a halted project in the city have reached out to the Economic Offences Wing (EOW) of Delhi Police, claiming they are being pressured to “withdraw” a criminal case. The FIR, lodged on August 14, 2020, includes allegations under sections 420, 406, and 120B of the IPC, regarding cheating, criminal breach of trust, and conspiracy tied to the CHD Vann housing project in Sector 71 by CHD Developers Ltd. The agreement signed that year promised possession within 42 months, by 2018. In response to these pressures, the homebuyers have urged the EOW to acknowledge their grievances, describing the…

Latest StoriesResidential

Hyderabad Property Registrations Up 14% in December 2025

NEW DELHI: By the end of December 2025, Hyderabad witnessed a notable increase in registration activity within its residential property market, with a 14% year-on-year rise in home registrations. Despite seeing a slight decrease in full-year volumes, the numbers reflect a positive trend, as reported by Knight Frank India. In December 2025, Hyderabad registered a total of 6,600 residential properties valued at ₹4,399 crore, marking the third-highest month of the year for registrations. For the entirety of 2025, the city recorded 75,222 home registrations, a 2% decline compared to the previous year, but the total value of registered properties surged…

Latest StoriesResidential

Buyer seeks Haryana RERA, DTCP help for safety concerns

GURUGRAM: A homebuyer has turned to state authorities to address concerns regarding possession conditions, safety infrastructure, and regulatory compliance at a residential project located in Sector 89. The owner of a flat at The Meridian requested official intervention, highlighting unresolved matters with the developer. In a comprehensive letter to the Department of Town and Country Planning (DTCP) and the state real estate regulator, HRERA, she sought relief from perceived pressure tactics and unresolved safety issues at the construction site along the Pataudi Road corridor. The complaint detailed alleged coercion to sign a no-objection certificate prior to taking possession, worries about…

Latest StoriesResidential

Arkade to Invest ₹2,500 Crore in 5 Mumbai Projects by 2026

NEW DELHI: Arkade Developers is set to invest approximately ₹2,500 crore in the development of five residential projects across the Mumbai Metropolitan Region (MMR) in 2026. The projects are planned for Goregaon, Thane, Borivali, Malad, and Santacruz, collectively boasting a gross development value (GDV) exceeding ₹3,700 crore. The total developable area across these five projects will be 4.41 million sq ft, with a saleable carpet area estimated at around 1.4 million sq ft. The company is currently engaged in developing over 5.5 million sq ft of real estate and has delivered more than 650 residential units in FY25. Published On…

Latest StoriesResidential

Lucknow: Anantnangar Scheme Lottery Set for January 30

LUCKNOW: The lottery for plot allotment under the Lucknow Development Authority’s (LDA) Anant Nagar housing scheme will take place on January 30 and 31 at the Indira Gandhi Pratishthan. The third phase received an enthusiastic response with 7,429 applicants vying for 637 plots. LDA officials noted that applications were accepted for 617 plots in Akash Khand and 20 plots in Adarsh Khand. In this third phase, plots are available in five size categories. These include 41 plots of 450 square meters, 224 plots of 288 square meters, 225 plots of 200 square meters, 90 plots of 162 square meters, and…

Latest StoriesResidential

DTCP Discusses Jurisdiction Laws with Gurugram Residents

GURUGRAM: A long-standing dispute regarding the applicable law for DLF 1 to 5 was the focus of a detailed discussion on Monday. The Department of Town and Country Planning (DTCP)—in accordance with a November 26, 2025, order from the Punjab and Haryana High Court—conducted a public hearing to address residents’ concerns about jurisdiction. Over 100 residents participated in the session. Following the hearing, the DTCP confirmed that all violations identified in DLF 1-5 pertain to license conditions under the Haryana Development and Regulation of Urban Areas (HDRUA) Act, 1975, thereby validating their actions. Residents were permitted to voice objections, and…