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

Ludhiana Trust Holds Lottery for 179 Atal Apartment Flats

LUDHIANA: On Tuesday, the Ludhiana Improvement Trust (LIT) conducted a draw for the final 179 flats under the Atal Apartment scheme, coinciding with the Baisakhi festival. Local bodies minister Sanjeev Arora was present at the event held at Nehru Sidhant Kendra, where LIT chairman Tarsem Bhinder assured successful allottees that they would receive possession of their flats by the end of this year. Bhinder reported that construction at the site in Karnail Singh Nagar on Pakhowal Road is progressing rapidly. He noted that the Trust has received 571 applications for 43 high-income group (HIG) flats and 963 applications for 136…

Latest StoriesResidential

45,000+ Nashik Properties Lack Building Completion Documents

NASHIK: Over 45,700 unauthorized residential properties in Nashik city remain occupied despite their owners not securing building completion certificates (BCC) and occupancy certificates (OC) from the Nashik Municipal Corporation’s (NMC) town planning department. Residents continue to use these properties without the necessary clearances. “The property tax department has now imposed taxes on all such properties,” a civic official reported. According to data from the NMC, the Nashik Road division has the most unauthorized properties, tallying around 10,400, followed by Panchavati with 9,800. The Cidco division is accountable for about 9,000 properties, while Satpur division has 7,800 unauthorized units. Nashik East…

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Haryana Okays Housing for 2,646 PMAY-Urban Beneficiaries

CHANDIGARH: The Haryana government has made significant strides towards offering affordable housing for urban poor and middle-class families, approving housing projects for 2,646 beneficiaries across 60 urban local bodies (ULBs) on Tuesday. The decisions were taken during a session of the state-level sanctioning and monitoring committee under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0. The meeting, led by Chief Secretary Anurag Rastogi, highlighted the state’s progress in executing the central government’s housing initiative aimed at providing pucca houses to families in the economically weaker section (EWS), lower income group (LIG), and middle income group (MIG) in urban areas. Mohammed Shayin,…

Latest StoriesResidential

Karnataka to Create Private-Style Layouts for SC/ST Groups

BELAGAVI: The state government has launched the ‘Buddha, Basava, Ambedkar Site Allotment Scheme’ to create residential layouts comparable to private developments. The scheme aims to develop fully serviced layouts with complete infrastructure, providing residential sites to individuals from Scheduled Castes (SC) and Scheduled Tribes (ST) throughout the state. During the announcement, Public Works and Belagavi district in-charge Minister Satish Jarkiholi shared that the initiative will commence as a pilot project spanning 1,000 acres. After paying tribute to Dr. Babasaheb Ambedkar’s statue on his birth anniversary at Dr. B R Ambedkar Park in Belagavi, the minister emphasized that this is a…

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Mangaluru Issues Notices as Sewage Pollutes Moilykere

Representative image MANGALURU: The Mangaluru City Corporation (MCC) has issued notices to residences and apartments near the historic Moilykere lake at Mahakalipadpu, following the discovery of sewage flowing into the water body from surrounding areas. Known also as Shettibettu Kere, Moilykere was developed by the Mangaluru Urban Development Authority (MUDA) but continues to face pollution issues even after being transferred to the MCC. The civic body plans to take legal action under the Karnataka Municipal Corporations Act of 1976. The pollution problem was brought to light in the state legislature by MLC Ivan D’Souza, who highlighted it during a discussion…

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Firm Accused of Cheating Customers in Kollur Villa Scheme

HYDERABAD: Customers have accused a construction firm of fraud after it allegedly failed to deliver villas in Kollur despite collecting substantial deposits. The company reportedly enticed clients with a ‘pre-launch offer’. A criminal complaint has been filed by the Economic Offences Wing (EOW) of Cyberabad police against the company’s management under Sections 316 (criminal breach of trust) and 318 (cheating) of BNS. Authorities stated that one victim was approached by a firm representative named Rajesh, who claimed the company was launching a villa project in Kollur and invited him to their office. They detailed the project and attracted the victim…

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Ranchi: Harmu Housing Colony Targets Commercial Establishments

RANCHI: The Ranchi Municipal Corporation (RMC) is under scrutiny as it issues notices to businesses in Harmu Housing Colony for operating in residential areas, sparking concern among both traders and locals. With eight enforcement teams actively monitoring the area, officials have asserted that the colony is designated solely for residential purposes. JSHB Secretary Binay Lakra emphasized, “All these properties were allocated for residential use exclusively, and therefore, commercial establishments cannot be allowed.” Despite this claim, many businesses in Harmu have been operating for years, effectively transforming the area into a self-sufficient community. Currently, over 150 commercial units, ranging from grocery…

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Atal Apartment Scheme Draw by Ludhiana Trust on April 14

Representative image LUDHIANA: The Ludhiana Improvement Trust (LIT) has announced a public notice for applicants of the Atal Apartment scheme. They are invited to Nehru Sidhant Kendra on April 14 for a draw of the remaining flats. The LIT has received an impressive number of applications, totaling over 1,500. Specifically, LIT received 566 applications for High-Income Group (HIG) flats and 974 for Middle-Income Group (MIG) flats, making a total of 1,540 applications. After careful scrutiny, these applications were posted on the office notice board on March 23 and on the LIT website. The final list has been revised and updated…

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PPCB Protects Homebuyers from Builders’ Eco Violations

PATIALA: The Punjab Pollution Control Board (PPCB) has mandated that innocent homebuyers will not face penalties for environmental breaches by real estate developers, while still enforcing strict actions against non-compliant builders. This decision follows numerous public appeals and recommendations from a committee of senior officials formed in March. The board noted that previous restrictions on housing and commercial projects due to pollution violations unduly affected buyers who invested their life savings without awareness of these issues. The PPCB’s order dated April 9 pointed out that limitations such as prohibiting sale deeds in non-compliant projects hindered genuine buyers seeking affordable homes.…

Latest StoriesResidential

Prayagraj Offers Property Tax Relief for New Buildings

PRAYAGRAJ: In a significant move for property owners, the Prayagraj Municipal Corporation (PMC) is set to introduce tax benefits for newly constructed residential buildings in the city. A 25% tax rebate will be offered on the annual rental value assessment of these new properties, leading to a corresponding reduction in house tax for qualifying owners. The decision was made during a meeting led by Chief Tax Assessment Officer Sanjay Mamgai, involving tax superintendents and departmental staff. Officials were instructed to apply the 25% concession when evaluating even newly built houses. However, this benefit is exclusive to purely residential properties, excluding…