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

Mangaluru Sand Shortage Raises House Prices by ₹2 Lakh

MANGALURU: As the monsoon season approaches, construction activities are expected to face delays, leading builders and contractors to rush for sand. This shortage has driven construction costs up significantly, with the price of a standard house rising by around ₹2.25 lakh. Four years after sand mining was restricted in Coastal Regulation Zone (CRZ) areas, contractors are finding it increasingly difficult to stay within budget on their projects. Satish Jogi, vice-president of the Civil Contractors Association, noted during a press conference on Friday that the sand scarcity has persisted for the past three to four years, primarily due to the ongoing…

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Lucknow to Offer 630 Flats in Atalnagar Scheme

LUCKNOW: Homebuyers have another opportunity to purchase budget housing as registration for 630 flats under the Atalnagar scheme begins on April 18. Officials from the Lucknow Development Authority (LDA) announced that the online registration will be open until May 17, with allotments conducted via a lottery system. The available units consist of 539 one-bedroom and 91 two-bedroom flats at the Atalnagar project in Devpur Para, sized from 30 sqmt to 54.95 sqmt, with prices starting around Rs 9.82 lakh. According to officials, the project will feature essential amenities including water and electricity supply, lifts, power backup, security, green spaces, children’s…

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LG of Delhi Visits Swabhiman Apartments, Promises Quick Solutions

NEW DELHI: Lieutenant Governor Taranjit Singh Sandhu visited Swabhiman Apartments, a Delhi Development Authority (DDA) housing project in Jailorwala Bagh, Ashok Vihar, on Thursday. He engaged with residents to gain first-hand insights on living conditions, civic amenities, and maintenance issues. The visit was motivated by a commitment to citizen-centric governance. Post-interaction, the LG instructed relevant departments to prioritize addressing residents’ concerns, ensuring a safe, clean, and well-maintained living environment. Swabhiman Apartments is one of the flagship initiatives under the Prime Minister’s vision of “Jahan Jhuggi, Wahin Makan,” which aims to rehabilitate residents from jhuggi-jhopri clusters through in-situ redevelopment. Residents expressed…

Latest StoriesResidential

Housing Supply Rises 10%, Prices Up 14% in Q1 2026 Report

NEW DELHI: According to Magicbricks’ PropIndex report, India’s residential real estate market saw a 10.1% year-on-year increase in housing supply during Q1 2026. Property prices also rose by 14.1% across major cities. Active listings in 13 key cities increased by 6.8% from the previous quarter and 10.1% year-on-year, surpassing 1.1 lakh units during January-March. The average residential price has climbed to ₹14,633 per sq ft. However, demand exhibited a slight decline on a sequential basis, dropping 2.2% quarter-on-quarter. Annually, demand remained stable, with a 1.5% increase, totaling approximately 31.7 lakh units. At the city level, demand trends differed—Noida, Chennai, and…

Latest StoriesResidential

Pimpri Chinchwad Residents Demand Action on Water Supply Issues

PUNE: Numerous housing societies in Pimpri Chinchwad are urging the civic authorities to take stringent measures against developers who have allegedly failed to provide water supply despite signed commitments. Residents referenced recent directives from the divisional commissioner, which cautioned builders against legal ramifications if they do not fulfill their water supply obligations until the municipal network is established. This issue was highlighted during a recent ward-level meeting held by the water supply department for A and K wards. The Chikhali-Moshi Pimpri Chinchwad Housing Societies Federation has insisted that developers promptly reimburse the costs incurred by residents for private water tankers…

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Ladakh L-G Issues Renewed Lease Deeds to 79 Residents

File Photo LEH: On Wednesday, Ladakh Lieutenant Governor Vinai Kumar Saxena presented renewed lease deeds to 79 residents of the Housing Colony area in Leh, describing the act as a historic step towards securing their legal rights. According to an official spokesperson, the renewal of these lease deeds, which had been pending for years, will greatly benefit residents by providing them with legal ownership and tenure security. This renewal will also grant access to banking services, such as loans, simplify property transactions, and allow land to be sold at its market value, the spokesperson added. While addressing the first group…

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Agra: 3,000 Homebuyers Appeal for Help in Stalled Township

NEW DELHI: Over 3,000 homebuyers of Sushant Taj City in Agra, developed by Ansal Properties and Infrastructure Ltd, are requesting clarification from the Uttar Pradesh Government regarding the possession of plots they reserved nearly two decades ago. The buyers have urged the Chief Minister of UP to intervene, as this project was a joint venture between the Agra Development Authority and Ansal. “While most of the group’s projects are undergoing insolvency proceedings, this one has been excluded, possibly due to the government’s involvement. We have reached out to the authorities and the state government without any success. A new builder…

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Chhattisgarh Cuts Land Fees for Women to Boost Economic Empowerment

Sure! Here’s a rewritten version of the content: RAIPUR: The Chhattisgarh government announced on Wednesday a 50% reduction in land registration fees for properties registered in women’s names, aimed at promoting property ownership and empowering women financially. The cabinet also granted a 25% discount on stamp duty for active military personnel, veterans from the state, and their widows when purchasing properties valued up to ₹25 lakh within Chhattisgarh. This decision was made during a cabinet meeting led by Chief Minister Vishnu Deo Sai at the Mantralaya Mahanadi Bhawan in Nava Raipur Atal Nagar, according to an official statement. Fees for…

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Civic Body Sends Tax Bills for Demolished EWS Homes

SURAT: Residents of the 700 homes demolished in Pragya Nagar at City Light find themselves in a perplexing situation. The Surat Municipal Corporation (SMC) is demanding property tax for properties it had demolished a year ago. Residents received eviction notices for redevelopment two years back, which led to their gradual relocation. Although the evacuation took place, SMC continued collecting property tax for two years, even for land where no structures remained. Pragya Nagar, a colony designed for economically weaker sections (EWS), contained 44 buildings with 16 flats each, accommodating approximately 3,000 residents. Many have since moved to rented homes without…

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Eviction Notice for Seven Dharavi Slum Settlements Before Rains

MUMBAI: Residents of nearly seven slum settlements in Sector 6 of Dharavi have received eviction notices to vacate before the onset of the monsoon or the start of the next academic year. This land, located on Matunga railway property, is set for rehabilitation buildings as part of the Dharavi Redevelopment Project (DRP). DRP officials, part of a special purpose vehicle, stated that prompt cooperation from residents will facilitate timely construction and minimize disruption for those living nearby. Notices have been dispatched to approximately 3,500 households, as the cleared land will make way for ten rehabilitation buildings designed to accommodate 11,000…