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

Rental Prices Surge Near Hyderabad IT Hubs

BY: Kolakaluri Lavanya Chopra HYDERABAD: The increasing rents are significantly altering living conditions in Hyderabad. As prices rise in neighborhoods like Madhapur, Gachibowli, Kondapur, and HiTec City along the IT corridor, many residents are resorting to shared flats, crowded PG accommodations, and longer commutes. For many professionals, finding housing has shifted from being a matter of comfort to a balancing act between costs and time management. Shakina Fatima, an employee in Jubilee Hills, remarked, “Due to traffic, it used to take me nearly an hour to commute from Kondapur. I’ve since moved to Banjara Hills, where I pay ₹26,500 for…

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MP Cabinet Approves SVAMITVA Scheme for Title Deeds

BHOPAL: On Tuesday, the Madhya Pradesh cabinet greenlit a scheme that will provide property documents to individuals lacking land titles, enabling them to secure bank loans using their land as collateral. The initiative, named ‘Svamitva Adhikar Abhilekh Nispadan Evam Panjiyan Yojana-2026’ (Ownership Rights Record Execution and Registration Scheme), was approved during a meeting chaired by Chief Minister Mohan Yadav, as per official reports. Under this scheme, the cabinet will register the rights records established under the Svamitva Yojana, facilitating better access to loans for landowners statewide. “Conveyance deeds will be executed and registered, enabling citizens to secure loans for housing,…

Latest StoriesResidential

Over 35,000 Chandigarh rehab residents may gain ownership rights

CHANDIGARH: The Chandigarh administration has proposed to grant ownership rights to occupants of over 35,000 dwelling units in the city’s rehabilitation colonies. The draft policy has been forwarded to the Ministry of Home Affairs (MHA) for consideration and approval. Currently, this proposal applies only to the original allottees of the dwelling units in rehabilitation colonies. Holders of General Power of Attorney (GPA) who purchased houses from the original allottees are excluded from this policy. However, given that approximately 80% of such houses have been sold under GPA in the past few decades, sources indicate that they will be included in…

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Lucknow Development Body Resumes Premium Flat Bookings

LUCKNOW: The Lucknow Development Authority (LDA) has reopened registrations for 394 flats as part of its Aishbagh Square and Park View Apartment housing projects, providing homebuyers with another chance to acquire these premium residential units through a lottery system. Out of the total flats available, 276 can be found at Aishbagh Square on Mill Road in Aishbagh. This project features three-bedroom apartments, complete with servant rooms, and spans nearly 1,900 sq ft, starting at approximately Rs 1.11 crore. At Park View Apartments, situated opposite Rashtra Prerna Sthal in the Basant Kunj scheme, there are 118 flats open for registration. These…

Latest StoriesResidential

Chandigarh to Auction 10 Residential Sites Starting June 2

Representative AI image CHANDIGARH: The Chandigarh administration is preparing to auction 10 residential sites starting Tuesday. The available plots range from 100 to 502 square yards and will be offered via e-auction later this month. Bidders are invited to submit applications and their earnest money deposit (EMD) from June 2 to June 23. The reserve prices for the plots span from Rs 3.3 crore to Rs 16.5 crore, contingent on plot size. An additional 5% fee will be incurred for corner lots. Applications will be scrutinized and documents approved from June 24 to June 26. The e-auction will occur from…

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Delhi: Apex Residents’ Body Calls for Fire Safety SOP Roundtable

NEW DELHI: The umbrella organization representing resident welfare associations in Delhi called on the Delhi government on Monday to organize a roundtable meeting with civic bodies, power distribution companies, police, and RWAs to devise a standard operating procedure (SOP) for fire safety in residential buildings. Atul Goyal, president of the United Residents Joint Action (URJA), highlighted the tragic fire incident in East Delhi’s Vivek Vihar that claimed nine lives on May 3, stating it revealed that “neither government agencies nor individual residents have learned from previous disasters.” Goyal pointed out several issues, such as the lack of a fire safety…

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Odisha Housing Board Launches Four New Affordable Projects

Representative Image BHUBANESWAR: The Odisha State Housing Board (OSHB) has unveiled plans for four significant projects for the financial year 2026-27, aimed at producing approximately 6,877 inclusive residential units. During a review meeting led by housing and urban development secretary Usha Padhee, the four proposed initiatives were detailed: the Suango Public-Private Partnership (PPP) project on 12.9 acres near AIIMS-Bhubaneswar, Ranasinghpur EPC housing, Patrapada housing, and the Basanti Colony joint venture residential apartment project. The Suango project will establish 2,867 dwelling units, among which 1,034 will be affordable housing. This initiative is expected to generate at least Rs 210 crore in…

Latest StoriesResidential

Ghaziabad Body to Review Recurring Fires in Societies

GHAZIABAD: Following two major fires in Indirapuram within a month, the district administration has requested reports from the Ghaziabad Development Authority, the discom, and the fire department. A review meeting is scheduled for June 2, officials announced on Friday. The recent fire incidents in Ghaziabad’s Indirapuram—specifically in Gaur Green Avenue and Gaur Biz Business Park—have intensified worries regarding fire safety and emergency response in high-rise residential and commercial buildings. On April 29, a fire erupted in a flat in Tower D of Gaur Green Avenue, affecting five floors and damaging at least 13 apartments. Residents were evacuated safely, and while…

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Coastal Realty Faces 3BHK Apartment Shortage

MANGALURU: Real estate professionals along the coast are raising concerns about a growing disparity between the expectations of homebuyers and the offerings from developers. The most significant shortfall is evident in the demand for 3BHK apartments priced at Rs 1 crore or below, although certain segments of 2BHK and premium properties are witnessing an oversupply. DB Mehta, president-elect of CREDAI Karnataka, noted that buyers have shifted their preferences towards larger homes post-pandemic. However, new developments have not aligned with these preferences. “The most pronounced mismatch exists in the sub-Rs 1 crore 3BHK segment, where demand remains robust, but the inventory…

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Godrej Properties Secures 23.2 Acres in Greater Noida Auction

Representative AI image NEW DELHI: Godrej Properties (GPL) has successfully acquired a 23.2-acre (93,905 sq meters) residential land parcel in Greater Noida’s DMIC integrated township through an e-auction overseen by DMIC Integrated Industrial Township Greater Noida. The company intends to develop a residential housing project on the land, projected to generate revenue exceeding ₹7,000 crore. Recently, GPL partnered with Tata Projects for core and shell construction work across three upcoming projects located along Golf Course Road in Gurugram. The total contract value is around ₹1,100 crore. Published on Jun 1, 2026, at 08:12 AM IST Join a community of 2M+…