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

Villages Safe as Rural Registrations Rise in Telangana

Representational Image HYDERABAD: The Telangana government has significantly revised land rates near Hyderabad’s Outer Ring Road, with some increases reaching 100%. However, many rural areas have been exempt from steep rises in property registration charges. The new rates took effect statewide starting Friday. The minimum rate has surged from ₹1.75 lakh per acre to ₹2.75 lakh, signaling a major change in land valuation. In contrast to urban adjustments, the increases for residential flats and open plots in rural towns and district headquarters were kept moderate, ranging from 10% to 20% of existing rates. Officials organized the assessment for rural, urban,…

Latest StoriesResidential

Karnataka Sees Rise in Women’s Home and Land Ownership

Representative AI image BENGALURU: The percentage of women owning houses and land in Karnataka has nearly doubled over the past five years, indicating a shift in family decision-making and attitudes towards wealth and security. This trend follows a rise in women’s investments in property, either independently or collectively. According to the National Family Health Survey-6 (NFHS) conducted in 2023-24, approximately 29.5% of households in Karnataka have at least one female member who owns a house and/or land, either independently or jointly. This marks a significant increase from 16.2% in the previous NFHS-5 (2019–21). Notably, female/joint ownership in rural areas stands…

Latest StoriesResidential

MHADA Begins Handover of 537 Flats in Naigaon BDD Project

NEW DELHI: The Maharashtra Housing and Area Development Authority (MHADA) has initiated the allotment and possession process for 537 rehabilitation flats within the Naigaon BDD Chawl redevelopment project in Mumbai. The flats are situated in towers 1, 2, and 3 of rehabilitation building number one. The allotment process is being executed at MHADA’s project office on the ground floor of tower five at Naigaon-Dadar. On the first day, MHADA’s Mumbai Housing and Area Development Board issued allotment letters to 15 eligible residents, and possession of the flats was granted to all 15 beneficiaries after completing the necessary documentation. Rehabilitation building…

Latest StoriesResidential

Lucknow to Launch Three Residential Schemes in June

LUCKNOW: The Lucknow Development Authority (LDA) is poised to unveil three significant residential projects this month. These initiatives include Naimish Nagar in Bakshi Ka Talab, Varun Vihar on Mohan Road near the Agra Expressway, and Wellness City on Sultanpur Road. They are designed to address the increasing housing needs and support the planned urban development in the state capital. LDA officials report that final preparations for registration, lottery, and allotment are currently underway. Designated officials are overseeing the process, and detailed plans for launching the schemes are being finalized. Once completed, the three projects are expected to offer housing solutions…

Latest StoriesResidential

300+ Homes Regularized Under Goa’s Mhaje Ghar Scheme

PANAJI: The state government has regularized 300 illegal houses built on government, comunidade, and private land under the Mhaje Ghar scheme. Officials are urging residents who have not yet applied for house regularization to do so. Chief Minister Pramod Sawant mentioned that over 10,000 applications are currently pending, and sanads will be issued to homeowners as soon as possible. Sawant encouraged those with concerns to step forward and submit applications for the regularization of their homes, following the issuance of sanads to 300 owners. In October 2025, Union Home Minister Amit Shah launched the Majhe Ghar scheme aimed at regularizing…

Latest StoriesResidential

Monsoon Alert: Pune Urges Evacuation of 36 Unsafe Wadas

PUNE: Residents have largely ignored the civic body’s promises of granting tenancy rights via certificates, with many reluctant to vacate crumbling wadas and properties in the city. The Pune Municipal Corporation (PMC) has issued notices to owners and occupants of 36 properties, ordering them to vacate before the rainy season. About ten years ago, the PMC began a unique initiative to issue tenancy certificates to tenants, aiming to mitigate legal disputes between property owners and occupants. However, out of over 15,000 tenants residing in such wadas, only approximately 1,000 certificates have been issued, according to PMC data. Many tenants hesitate…

Latest StoriesResidential

DDA Extends Booking Deadline for Towering Heights Scheme

NEW DELHI: On Thursday, the Delhi Development Authority (DDA) announced an extension of the booking period for its ‘DDA Towering Heights’ high-rise housing scheme in Karkardooma, East Delhi, as per an official order. The initial booking deadline was set for the end of March and was previously extended to the end of May. “Continuing from this, the booking period for flats under the scheme has now been extended to June 30. This provides a further opportunity for individual buyers and government agencies for bulk purchases of the available flats,” the order stated. Managed by NBCC, DDA’s Towering Heights is a…

Latest StoriesResidential

Goa CM: Over 5,000 Applications for Majhe Ghar Scheme

PANAJI: Chief Minister Pramod Sawant announced on Wednesday that over 5,000 applications have been approved under the Majhe Ghar scheme, with approximately 3,000 orders ready for distribution to homeowners. On Thursday, 1,000 orders will be delivered in Margao at Ravindra Bhavan, catering to house owners in South Goa. According to Sawant, more than 95% of houses located on government land are owned by Goans. He reiterated that the state government will not permit the construction of illegal houses by migrants. “My government is against illegal construction in Goa. We have revised the process to prevent such structures,” the CM stated.…

Latest StoriesResidential

Telangana to Update Property Registration Rates on June 5

HYDERABAD: Telangana is set to implement new land values for property registrations statewide starting June 5, marking the first significant rate update in nearly a year. This decision comes after extensive field surveys and data from sub-registrar offices (SROs), with officials stating that the revision aims to align government-notified rates with current market values. Revision Overview: The new rates will be categorized into four tiers—25%, 50%, 75%, and 100% increases on existing registration values for both agricultural and non-agricultural lands. Most property rates will fall within the 25%, 50%, or 75% categories, with only a few areas in prime urban…

Latest StoriesResidential

Indore District Sees Housing Stock Double in 15 Years

INDORE: The early findings of the 2027 census indicate a considerable rise in housing structures across Indore district over the past 15 years, alongside a notable increase in population. The comprehensive house-listing phase shows that the total number of structures in the district grew from 6.49 lakh in 2011 to over 12.70 lakh, marking a net increase of 6.20 lakh units. The population is estimated to have risen from over 32 lakh in 2011 to approximately 44 lakh now. According to IMC additional commissioner NN Pandey, the initial phase of the census is complete, demonstrating a substantial rise in both…