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

16,000 Chandrapur Families to Receive Permanent Land Titles

File Photo CHANDRAPUR: On Wednesday, Maharashtra’s revenue minister, Chandrashekhar Bawankule, announced the initiation of the process to grant permanent land ownership rights to approximately 16,000 families residing in Chandrapur’s slum areas. He described this move as a significant step towards fostering inclusive urban development. Speaking at election rallies in the region, Bawankule highlighted that MLA Kishor Jorgewar had vigorously advocated for the regularization of land rights for Nazul landholders in the assembly, expressing his satisfaction that the government was finally honoring that commitment. Permanent land titles will be issued to households across 55 slum localities in Chandrapur. The minister urged…

Latest StoriesResidential

Chhattisgarh Unveils Solar-Powered PMAY Homes for Tribals

Representative image RAIPUR: Chhattisgarh has introduced an innovative initiative, the first of its kind in India, by installing rooftop solar panels on the Prime Minister Janman Awas homes of Pahadi Korwa families, recognized as a Particularly Vulnerable Tribal Group. This aims to provide some of the state’s poorest tribal households with durable housing and minimal electricity expenses. In the pilot phase, rooftop solar systems have been set up on eight residences of Pahadi Korwa families in the remote Gudurumuda village, located in the Podi-Uproda block of Korba district. Officials from Chhattisgarh State Power Distribution Company Limited (CSPDCL) noted that this…

Latest StoriesResidential

Gurugram: Four unsafe NBCC Green View towers to be demolished

GURUGRAM: The district administration has approved the demolition of four towers—A, B, C, and D—at NBCC Green View in Sector 37D, which were deemed uninhabitable four years ago. The deputy commissioner, Ajay Kumar, granted this permission after a comprehensive review, allowing for reconstruction once these structurally unsafe buildings—housing 580 flats—are removed. Officials noted that this decision was made to avoid any further delays that could endanger public safety. This approval comes after the National Buildings Construction Corporation (India) submitted a demolition request last September. A committee led by the additional deputy commissioner thoroughly evaluated the application. During discussions, the administration…

Latest StoriesResidential

Home Buying in Ghaziabad Gets Costlier with Development Fee Hike

GHAZIABAD: The UP government has increased the development fee in Ghaziabad by more than 66%, marking the highest rise compared to other districts. This increase primarily targets developers, yet it is likely to affect homebuyers as well, leading to higher prices for plots and flats across the district. The revised rates are included in the UP-amended Urban Planning and Development (Assessment, Levy and Collection of Development Fee) rules and will officially take effect pending approval from the Ghaziabad Development Board. GDA assistant engineer Rudresh Shukla stated that the development fee has been raised from Rs 2,500/sqm to Rs 4,170/sqm. “Compared…

Latest StoriesResidential

Himachal Pradesh Promotes Eco-Friendly, Affordable Housing

SHIMLA: The Himachal Pradesh government is focused on promoting systematic development to ensure affordable and eco-friendly housing options that suit the state’s mountainous geography, as stated by Urban Development and Housing Minister Rajesh Dharmani on Wednesday. Minister Dharmani chaired a review meeting of the Himachal Pradesh Real Estate Regulatory Authority (RERA). He emphasized that RERA is crucial in safeguarding consumer rights within the real estate sector and facilitating the resolution of property disputes. The authority ensures transparency by providing essential information about real estate projects to homebuyers, thereby bolstering their confidence, he added. Officials reported that there are currently 269…

Latest StoriesResidential

2025 Residential Sales Steady at 3.48 Lakh Units in Top 8 Cities

NEW DELHI: Housing sales in the top eight Indian cities reached 348,207 units, reflecting a slight 1% year-on-year decline, according to a recent report from Knight Frank India. Despite the minor annual decrease, the total sales for the second half of the year stood at 178,406 units, the highest performance recorded for H2 since 2013. In 2025, new housing launches totaled 362,184 units, down 3% year-on-year, but still surpassed sales figures, demonstrating developers’ confidence in long-term demand. Shishir Baijal, Chairman and Managing Director, noted that the residential market is consolidating at elevated levels, driven primarily by genuine end-user demand rather…

Latest StoriesResidential

Ideal Cures’ promoters purchase two Worli apartments for ₹190 crore

Representative image. Suresh Pareek and Veena S Pareek, founders of Ideal Cures, a maker of pharmaceutical excipients, have purchased two luxury apartments in the upscale Worli area of Mumbai for over Rs 190.1 crore. The purchase, featuring two adjacent units on the 43rd floor of a premium residential tower, was officially registered on December 24. This move highlights the ongoing demand for high-end large-format homes in south and central Mumbai. The two apartments boast a combined RERA carpet area of 12,114 sq ft, resulting in an average rate of approximately Rs 1.56 lakh per sq ft, ranking among the top…

Latest StoriesResidential

One Arrested in ₹2 Crore PMAY Fraud with 100+ Victims

AHMEDABAD: Promised with no government forms or lotteries, more than 100 women from underprivileged backgrounds fell victim to a significant scam, losing over Rs 2 crore in total. The accused, Neel Madhav Patel, reportedly claimed to have direct access to housing allocations under the Pradhan Mantri Awas Yojana (PMAY). Sunita Bhandari, a 27-year-old domestic worker from Paldi, approached the city police commissioner to report how Patel deceived her. She claimed that she was not alone, with around 100 other female victims also affected. Based on her report, the Detection of Crime Branch (DCB) filed an FIR on Monday. Patel assured…

Latest StoriesResidential

Karnataka Eases Setback Rules for Small Bengaluru Plots

Representative Image BENGALURU: A pivotal move to reshape home construction in Bengaluru was announced by the government on Monday, introducing modifications to longstanding building regulations for smaller residential plots. This adjustment alleviates certain burdensome rules that have affected property owners for years. The Urban Development Department (UDD) has revised the 2015 master plan to amend setback regulations for residential buildings on plots up to 4,000 square meters. As part of this new framework, the UDD has customized setback requirements based on plot size. For plots measuring 60 square meters (20x30ft), the front setback has been reduced to 0.7 meters, with…

Latest StoriesResidential

Bengaluru body urges Gunjur society to form RWA in a week

BENGALURU: Residents of a Bangalore Development Authority (BDA) apartment complex in Gunjur, Mahadevapura Assembly Constituency, were shocked to receive a notice requiring them to establish a Residents’ Welfare Association (RWA) within a week. The notice, dated December 23, 2025, warned that the BDA would cease maintenance of the complex starting January 1, 2026. Residents must inform the Assistant Executive Engineer (Housing) by December 28, 2025, about their plan to form the RWA. Residents express concern over unfinished construction, including an incomplete compound wall, broken lifts, and unresolved maintenance issues. “Some lifts have been out of service, and the contracted maintenance…