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.

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Mumbai: Apply Today for 2,640 MHADA Flats; Draw on May 15

Representative Image MUMBAI: MHADA’s Mumbai Board has announced a lottery for the sale of 2,640 apartments in the city. The application process begins today, March 30, with the lottery draw scheduled for 11:00 AM on May 15. The apartments are located in several areas, including Kannamwar Nagar in Vikhroli, Patra Chawl in Goregaon, Old Magathane in Borivali, Gorai Borivali, Subhash Nagar in Chembur, Gandhi Nagar in Bandra, Pant Nagar in Ghatkopar, Girgaum, Wadala, Kopri in Powai, Mazgaon, Tunga in Powai, Lokmanya Nagar in Dadar, Pahadi Goregaon, and Antop Hill Wadala. Of the total flats, 145 are available for the Economically…

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Housing Sales Fall 7% in Q1 2026 Amid Global Uncertainty

NEW DELHI: Housing sales in India’s top seven cities saw a sequential decline of 7% in the January-March quarter of 2026, influenced by global uncertainties. Nonetheless, demand remained robust year-on-year, according to Anarock Research. A total of 1,01,675 units valued at ₹1.51 lakh crore were sold in Q1 2026, compared to 1,08,970 units worth ₹1.60 lakh crore in the previous quarter. Year-on-year, sales increased by 9% from approximately 93,280 units sold in Q1 2025, while in value, sales dropped 5% quarter-on-quarter but climbed 6% year-on-year. Geopolitical tensions and rising input costs contributed to reduced buyer sentiment during this period, resulting…

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Pune Groups to Urge Police for FIRs Against Builders Violating Water Rules

PUNE: Citizen groups and housing federations in Pune and surrounding areas are planning to file FIRs against developers who have breached water supply affidavits when seeking building permits. The initiative seeks to hold builders accountable for failing to deliver the promised water infrastructure, which has left residents dependent on private tanker services. This decision emerged from a water supply review meeting on Friday, chaired by divisional commissioner Chandrakant Pulkundwar. The meeting was held following directives from the Bombay High Court (PIL 126/2023) aimed at tackling the escalating water crisis in the metropolitan region. Pune Municipal Corporation (PMC) officials confirmed that…

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Durg Leads PMAY-Gramin, Bijapur Remains Last

RAIPUR: Durg has maintained its lead in the latest performance report of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G). The district achieved an average performance score of 89.5% across four essential indicators, followed by Surajpur and Raipur in second and third places, respectively, retaining their prior standings. Durg’s collector, Abhijit Singh, stated that consistent efforts are key to the successful implementation of the scheme. Dhamtari has advanced to fourth place, moving ahead of Balod, which has fallen to fifth. Koriya district saw significant improvement, rising three ranks from 17th to 14th and achieving the highest sanction rate in the state at…

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1,000+ Flats for Urban Poor in Prayagraj Under PMAY

PRAYAGRAJ: The Prayagraj authorities are making strides to enhance housing for the urban poor by planning the construction of over 1,000 flats under the Pradhan Mantri Awas Yojana (PMAY) Phase II. Led by the Prayagraj Development Authority (PDA), efforts are underway to identify land which will be provided by the municipal corporation and district administration. The PDA has engaged with relevant departments to expedite the process. Several potential locations have been earmarked for the initiative, including a 4,000 sqm plot near Dhobighat, around four bighas in Peepal Gaon, and approximately 3,000 sqm in the Khuldabad area. Additionally, discussions are in…

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Mohali Launches 50th Affordable Housing Project in Sector 114

Representative Image MOHALI: The Greater Mohali Area Development Authority (GMADA) has launched its 50th affordable housing project, introducing a revised layout plan for a new residential plotted colony spanning 25 acres in Sector 114, village Kailon, Tehsil Mohali. Dubbed “White City,” this initiative is being developed by a private company, according to GMADA officials. A public notice regarding the updated layout has been issued by GMADA, inviting interest from potential buyers and stakeholders. Over the years, Mohali has seen a consistent increase in affordable housing developments, driven both by GMADA and private developers. Areas like Kharar, Banur, and sectors such…

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Delhi: 700+ DDA Flats Booked Within 2 Days of Launch

Representative image NEW DELHI: Over 700 flats have been booked under two residential schemes by the Delhi Development Authority (DDA) in the Narela area within just two days of their launch, officials reported on Friday. Under the ‘DDA Karmayogi Awaas Yojana’ 2025, flats are available for retired government employees. Recently, the DDA introduced 936 additional flats in Pocket 6, Sector A1-A4, Narela. “Booking commenced on March 26, coinciding with Ram Navami, and saw a remarkable response, with more than 400 flats booked within just two days,” an official statement revealed. In a similar manner, the ‘DDA Nagrik Awaas Yojana’ 2026…

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Kolkata Home Registrations Fall 1% YoY to 4,974 in Feb 2026

Sure! Here’s a rewritten version of the content: KOLKATA: In February, the Kolkata Metropolitan Area (KMA) saw a significant increase in residential property registrations, reaching 4,974—a 63% rise from the previous month. This uptick is attributed to a recovery from the seasonal dip observed in January, according to property consultant Knight Frank India. Compared to February 2025, this year’s registrations saw a slight decline of 1%, with 5,016 units recorded last year. The data originates from the Directorate of Registrations and Stamps Revenue, Government of West Bengal, and accounts for transactions in both the primary (new sales) and secondary (resale)…

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31,000 Homes Built in J&K Under PMAY-U, Delays Cited

JAMMU: On Friday, the Jammu and Kashmir government announced that over 31,000 houses have been constructed under the Pradhan Mantri Awas Yojana (PMAY) since the program began. The construction of several units is currently ongoing, primarily due to constraints faced by beneficiaries. In response to an assembly inquiry, the government stated that 39,153 houses have been sanctioned under the beneficiary-led construction (BLC) vertical of the PMAY-urban mission 1.0 across the Union Territory. Of these, 31,173 are complete and 7,980 are still under construction, with a goal to finish by the extended mission deadline of September 2026. District-wise data indicates that…

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Free Regularization of 500 sq ft Encroachments in Maharashtra

MUMBAI: The Maharashtra government has announced a significant policy change allowing for the free regularization of residential encroachments up to 500 square feet that existed as of January 1, 2011, applicable statewide, but excluding Mumbai and its suburbs, according to a minister’s statement on Friday. Revenue Minister Chandrashekhar Bawankule clarified that encroachments on riverbeds, drains, grazing land, public roads, forests, cremation grounds, playgrounds, and designated school or hospital lands will not be regularized under any circumstances. “Such encroachments will be removed, and families affected will be considered for alternative housing under the Pradhan Mantri Awas Yojana (PMAY),” he added. The…