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

Kochi Apartment Owners Request Relaxation on STP Installations

KOCHI: The Consortium of Flat and Villa Owners Association, Kerala (COFVOAK), has approached Chief Minister Pinarayi Vijayan to request relaxed regulations for installing sewage treatment plants (STPs) in apartment complexes built before 2007. They are also seeking exemptions due to the planned centralized sewerage system in Kochi. The consortium is urging the government to provide appropriate directives to the pollution control board (PCB) and the Kochi corporation to prevent the cancellation of occupancy certificates (OCs) or disconnection of essential services to these buildings. Additionally, they are requesting that these complexes be exempt from retrospective PCB consent fees, suggesting the fees…

Latest StoriesResidential

Pune to create guidelines for PGs after resident complaints

Representative AI image PUNE: Concerns have been raised for years regarding the living conditions in numerous abhyasikas and the cramped spaces in the older neighborhoods. Residents expressed these worries to additional municipal commissioner Prithviraj B P during a recent meeting. The increasing student population has further strained local infrastructure. In response, the Pune Municipal Corporation (PMC) has launched a survey of all abhyasikas in the old city and the paying guest system. Guidelines for their operation will be issued. Prithviraj mentioned complaints about illegal parking, abhyasikas functioning in designated parking areas, safety, and hygiene issues due to overcrowded living conditions.…

Latest StoriesResidential

Lucknow body approves 7 housing projects, 1,100 EWS homes

Representative Image LUCKNOW: The city is on track to significantly expand its housing infrastructure as the Lucknow Development Authority (LDA) has approved land acquisition and layout plans for seven residential projects during its recent 186th board meeting, led by divisional commissioner Vijay Vishwas Pant. These developments will occur near Gomtinagar Extension over approximately 385 acres and will be managed by private developers under the Uttar Pradesh Township Policy 2023. A significant tract of land, situated alongside the Gomti River, behind the Police Headquarters, was recently cleared of illegal occupation. LDA vice-chairperson Prathamesh Kumar noted that the authority reclaimed 43.051 acres…

Latest StoriesResidential

52% of Pune Housing Societies Don’t Have Legal Land Ownership

PUNE: Over half of the cooperative housing societies in the city lack legal ownership of the land they occupy, a significant issue that hinders redevelopment and restricts property rights. According to the state cooperative department, 52%—or 11,956 out of 22,955 registered societies—have not received their conveyance or deemed conveyance deeds. A conveyance deed is the conclusive legal document that transfers land ownership from the developer to the housing society. Without it, these societies cannot update land records, assert complete ownership rights, or start redevelopment projects—an increasingly urgent need for aging buildings in the area. Pune district collector Jitendra Dudi has…

Latest StoriesResidential

Sanjali Bajaj Acquires Sea-View Apartment in Worli for ₹66 Crore

Representative AI image Sanjali Bajaj, the daughter of Bajaj Group scion Sanjiv Bajaj, has purchased a luxurious sea-view apartment in a tower on Dr. Annie Besant Road in Mumbai’s Worli area for ₹66.41 crore. The apartment, which spans a carpet area of 5,510 sq ft, is valued at over ₹1,20,500 per sq ft. It is located on the 5th habitable floor and features an exclusive balcony measuring 430 sq ft. The purchase includes two additional sections on the 8th podium level, totaling 1,360.89 sq ft and 14.20 sq ft, mainly for parking and ancillary purposes, as indicated in documents accessed…

Latest StoriesResidential

OSHB, BDA Allocate 1,600+ Plots in Bhubaneswar

BHUBANESWAR: The Odisha State Housing Board (OSHB) and the Bhubaneswar Development Authority (BDA) have collectively allocated over 1,600 plots and homes under various housing schemes in the capital over the past thirty years. In response to a question from legislator Manorama Mohanty, state housing and urban development minister Krushna Chandra Mahapatra shared this information in the assembly. The OSHB has allocated 692 plots and houses in two significant schemes. Among these, 460 units under MIG and HIG categories were distributed in the Satyasai Enclave scheme at Mouza Aiginia, while 232 HIG units were granted under the Dharma Vihar scheme at…

Latest StoriesResidential

Ahmedabad: 11 Tenements Sealed for Illegal PGs in Thaltej

Representative AI image AHMEDABAD: Authorities sealed eleven tenements at Soham Row Houses in Thaltej for allegedly running paying guest (PG) accommodations without proper authorization from the Ahmedabad Municipal Corporation (AMC). The AMC had previously issued notices to these units, urging them to obtain the necessary permissions. However, compliance was not met, leading the estate TDO department in the North West Zone to seal three tenements on December 3 and eight on December 4. Earlier this year, a BJP Rajya Sabha MP called for legal action against unauthorized PG units during a coordination meeting with MPs and MLAs chaired by the…

Latest StoriesResidential

Rajasthan Halts ‘Patta’ Registrations Amid Long-ignored Issues

JAIPUR: In a significant step to regulate real estate practices, the state government has halted the registration of properties associated with housing society “pattas.” This informal documentation has been the source of countless complaints, legal disputes, and negative audit findings over the years. Sub-registrars are now forbidden from registering plots issued by private housing or cooperative societies, a regulation that experts believe should have been enacted a decade ago. The prohibition aims to address the rise of unauthorized colonies, particularly in Jaipur’s outskirts like Ajmer Road and Kalwar Road, where societies have been selling plots without valid land-use conversions or…

Latest StoriesResidential

Minister vows relief for rural properties in Bengaluru

BENGALURU: Following the state government’s easing of the Supreme Court-mandated Occupancy Certificate (OC) rule for property owners within Greater Bengaluru limits, there is now hope for thousands of homeowners in gram panchayat areas as well. During a meeting with Energy Minister KJ George, Bengaluru’s MLAs and MLCs requested an extension of the same exemption to panchayat areas, particularly those on the outskirts of GBA. The minister assured the legislators that relief for these residents would be forthcoming. Yeshwanthpur MLA ST Somashekhar highlighted the challenges faced by citizens, noting that much of Bengaluru’s real estate development is occurring in panchayat-governed areas.…

Latest StoriesResidential

Only 20% of Noida Housing Projects Have Cleared Dues

Sure! Here’s a rewritten version of your content: — NOIDA: A detailed financial analysis of 116 group housing projects allocated between the mid-2000s and early 2010s reveals that the Noida Authority has yet to recover ₹34,283 crore in outstanding dues as of November 30. A significant portion of this total, roughly ₹26,000 crore, is associated with projects currently under insolvency proceedings or litigation, rendering them nearly impossible to recover in the short term. Of the outstanding amount, ₹18,703 crore is from nine Amrapali projects and five Unitech projects, both under the oversight of the Supreme Court. Additionally, ₹7,300 crore is…