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

Sort waste at home for 10% property tax rebate: Ghaziabad

GHAZIABAD: Responding to protests regarding property tax after a recent ruling from the Allahabad High Court, the Ghaziabad Municipal Corporation (GMC) has introduced a series of rebates to alleviate the burden on its residents. During a board meeting on Saturday, GMC members approved a 10% property tax rebate for housing societies, institutions, and residents who segregate their waste at the source. This decision aligns with the implementation of the Solid Waste Management Rules, 2026, effective from April 1. Municipal commissioner Vikramaditya Malik Singh stated that the civic body currently offers a 20% rebate for timely tax payments. Furthermore, additional rebates…

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Hyderabad Builders Tempt Buyers with Harleys, EVs, and Gold

Representative AI image HYDERABAD: In response to slow sales, various developers in Hyderabad are offering luxurious gifts to entice potential homebuyers. Options include premium motorcycles, 24-carat gold coins, electric vehicles, and complimentary interior upgrades. For example, one prominent developer is providing a Harley Davidson worth ₹3 lakh with bookings in selective high-demand areas such as Kokapet, Kukatpally, Uppal, Patancheru, and Rajendranagar. Another developer plans to offer electric vehicles valued at ₹8 lakh to clients of an upcoming residential project located between Uppal and Ramanthapur. Gold has also emerged as a favored incentive, despite its rising prices. A builder from Miyapur…

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Park View Apartments by Lucknow Development Body: 364 Flats

Representative AI image LUCKNOW: The Lucknow Development Authority is set to construct the Park View apartments in the Basant Kunj scheme, located near Rashtra Prerna Sthal, comprising 364 premium flats. This complex will be in proximity to densely populated areas of old Lucknow and will connect to the Green Corridor, IIM Road, Dubagga Road, and Chowk. Registration for the flats will be open from March 7 to April 6, with applications accepted solely through the LDA website. Allotment will follow a lottery system, and officials stated that the project received approval following positive feedback from an online demand survey. The…

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4,100 Transit Flats for Kashmiri Migrant Workers Completed

Representative Image SRINAGAR: Officials announced on Saturday that over 4,100 of the 6,000 transit flats designated for Kashmiri migrant employees have been completed. The remaining units are anticipated to be ready by the end of next month. During a meeting, Divisional Commissioner (Kashmir) Anshul Garg assessed the construction progress throughout the Kashmir division. An official spokesperson mentioned that the relief and rehabilitation commissioner delivered a comprehensive presentation on the progress of the transit housing and associated infrastructure. Out of the 6,000 flats being constructed across 20 sites, 4,112 have been finished to date, with 3,257 already allocated to migrant employees.…

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Discounts on Siddharth Vihar Plots & Flats in Ghaziabad

GHAZIABAD: The UP Housing Board is offering a festive-season discount of up to 15% on plots and residential units in the Siddharth Vihar township until March 31. Covering over 635 acres, the township is 30% developed, yet its prime location makes it an attractive residential area. Situated along the Delhi-Meerut Expressway, it is just a 5-minute drive from both the Ghaziabad rapid rail station and the Shaheed Sthal metro station. Last year, the board increased plot rates by Rs 6,180 per sq m, raising them from Rs 58,820 per sq m. Currently, a 100 sq m plot in the township…

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DDA to Manage Daily Upkeep of Flats from April

NEW DELHI: In a strategic initiative to enhance flat sales, including those built before 2021, the Delhi Development Authority (DDA) will now oversee the daily maintenance of these housing complexes. The DDA will levy quarterly fees from flat owners to provide essential services such as security, maintenance of communal areas, cleaning of rooftop and water tanks, upkeep of basements, and management of electrical installations and elevators. The services will extend to minor repairs of shared spaces—like staircases, lift lobbies, and corridors—as well as maintaining water supply lines for horticulture. The DDA will continue its maintenance operations until occupancy in a…

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Nayanthara Purchases ₹31.5 Crore Duplex in Poes Garden, Chennai

File Photo South Indian actress Nayanthara and her husband Vignesh Shivan have purchased a duplex apartment in the Legacy project at Poes Garden, Chennai, for ₹31.5 crore. Data from Zapkey indicates that the property was acquired from Landmark Metro Projects. The transaction valued the property at ₹21,946 per sq ft, with Nayanthara owning 90% and Vignesh the remaining share. The unit, which occupies the 4th and 5th floors, covers a super built-up area of 14,369 sq ft, with an undivided land share of 5,308 sq ft and eight covered parking slots. The market value is recorded at ₹40 crore, attracting…

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Refund Excess Power Charges to Gurugram Residents: Panel to RWA & Unitech

GURUGRAM: The Haryana Electricity Regulatory Commission (HERC) has ordered the resident welfare association (RWA) of Uniworld Gardens II in Gurgaon, along with developer Unitech Realty Pvt Ltd, to adhere to electricity billing regulations and to refund any excess charges collected from residents. The commission has also imposed a penalty of Rs 50,000 on the RWA, with a directive to comply within 30 days. Non-compliance may result in an additional penalty of Rs 6,000 per day. Furthermore, the commission has prohibited Unitech from citing a Supreme Court moratorium as grounds for non-compliance with electricity billing standards. The complaint was submitted by…

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Haryana to Require Registration of Property Sale Agreements

GURUGRAM: Haryana’s Chief Minister Nayab Singh Saini has announced a proposal to mandatorily register Agreements to Sell in order to enhance transparency and legal protection in property transactions during the budget statement. Currently, these agreements are often made on plain paper or notarized privately, without official documentation. This lack of registration exposes buyers to risks such as fraud, double-selling, delayed possession, and lengthy litigation, as unregistered agreements carry lesser evidentiary weight in legal disputes. By requiring registration, the government aims to ensure that all property commitments are formally documented, time-stamped, and recorded with revenue authorities. This will help verify ownership,…

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NDMC Orders Palika Dham Residents to Vacate by March 7

NEW DELHI: The New Delhi Municipal Council (NDMC) issued a new public notice on Tuesday instructing residents of the Palika Dham complex near Gole Market to vacate the premises immediately due to safety concerns regarding the building. The notice, signed by the NDMC’s joint director, sets March 7 as the deadline for residents to leave. “We wish to inform the public that the structure is in a dilapidated state and is unsafe for habitation. We request all Palika Dham residents to cooperate with the administration in vacating the premises to avoid any risks,” the notice stated. Additionally, the NDMC announced…