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

Shraddha Kapoor Renews Juhu Apartment Lease for ₹6 Lakh/Month

MUMBAI: According to property registration documents reviewed by Square Yards on the Inspector General of Registration (IGR) website, Shraddha Kapoor has renewed her apartment lease in Mumbai’s Juhu area for a starting monthly rent of ₹6 lakh. The lease renewal, registered in February 2026, pertains to a unit in Prime Beach, Juhu, covering approximately 365 sq metres (around 3,929 sq ft), which includes four car parking spaces. The lease term is set for 12 months, totaling a rental value of ₹72 lakh for the duration. The transaction involved a stamp duty payment of ₹36,000 and registration charges of ₹1,000. Previously,…

Latest StoriesResidential

Soaring Land Prices Drive Visakhapatnam’s Vertical Housing Boom

Representative AI image VISAKHAPATNAM: The surge in land prices and a limited supply of well-located plots have prompted a transformation in the city’s residential landscape. Developers are increasingly favoring high-rise constructions—ranging from 40 to 50 stories—over low-rise structures of 5 to 15 floors. As new investments flood into Vizag, land costs in prime areas have soared to a point where low-rise developments are typically no longer feasible. Vertical housing offers buyers lower per-square-foot prices (₹1,000–₹1,500 less) and superior amenities compared to standalone buildings. High-rise development enhances land-use efficiency, ensuring projects remain economically viable. Developers cite the necessity of distributing high…

Latest StoriesResidential

Chandigarh Housing Board Allottees Can Now Make Changes

CHANDIGARH: A significant relief has been granted to Chandigarh Housing Board (CHB) allottees, as UT Administrator Gulab Chand Kataria approved various need-based modifications on Thursday. The approved relaxations pertain to construction norms for lifts, additional doors, internal alterations, façade painting, front and rear courtyards, water tank capacities, and temporary shelters. More than 450,000 residents in CHB-allotted houses stand to benefit from these relaxations. Kataria endorsed the committee’s recommendations set up to review the Need-Based Changes order dated January 3, 2023. A high-level committee formed by the UT administration, chaired by the secretary of estates, conducted an extensive review of the…

Latest StoriesResidential

Sales growth in residential sector to dip to 5-7% in FY27

NEW DELHI: The residential real estate market in India is set to experience a slowdown in growth in FY27, following a strong rebound post-pandemic. Sales are projected to increase by 5-7% year-on-year, predominantly driven by value growth in the premium and mid-market segments, as per a whitepaper released by India Ratings & Research (Ind-Ra) in collaboration with ETRealty at ETRECA 2026 on February 25 in Mumbai. After a significant expansion during FY23-FY25 and a steadier FY26, the sector is entering a consolidation phase, with high price levels and a strong base effect anticipated to dampen growth rates. Ind-Ra predicts total…

Latest StoriesResidential

Suryakumar Yadav’s Wife Buys Mumbai Apartment for ₹7.18 Crore

File Photo NEW DELHI: Devisha Yadav, wife of cricketer Suryakumar Yadav, has acquired an apartment in Godrej Sky Terraces, Chembur, Mumbai, for ₹7.18 crore. The apartment spans a carpet area of 1,402 sq ft (130.25 sq meters) with a total area of 1,516.20 sq ft (140.86 sq meters), as per property registration documents accessed by Square Yards on the Inspector General of Registration (IGR) website. The transaction was officially registered in February 2026. The residence also includes two dedicated car parking spaces. A stamp duty of ₹35.90 lakh and registration fees of ₹30,000 were paid during the transaction. In March…

Latest StoriesResidential

Lucknow RWA Protests Emaar India’s Clubhouse Sale

LUCKNOW: Residents of Emaar Gomti Green protested against what they claim to be the unlawful sale of their clubhouse by Emaar India. The residents argue that the clubhouse, initially built for their convenience and community activities, was sold to an external party without consent. Now operating as a commercial venue, the clubhouse has raised significant security concerns. Additionally, late-night events are reported to disturb children’s education and the overall tranquility of the community. Holding banners and placards, residents staged a symbolic protest at the clubhouse and outside Emaar India’s offices. They further expressed their frustrations about ongoing issues with electricity,…

Latest StoriesResidential

Ajit Jain of Berkshire Hathaway Purchases ₹85 Crore Gurugram Flat

Image for representation NEW DELHI: Ajit Jain, vice-chairman of insurance operations at Berkshire Hathaway, has purchased a 7,400 sq ft apartment at DLF The Camellias in Gurugram for approximately ₹85 crore, according to sources familiar with the transaction. Jain, who typically resides outside India, traveled to Delhi recently to complete the deal. “NRIs account for over 25% of DLF’s ultra-luxury market, and Jain is a leading figure among them,” noted a source involved with the transaction. “The extensive amenities in such projects are major attractions for individuals who want temporary residences in India.” Jain did not respond to inquiries via…

Latest StoriesResidential

Cluster Redevelopment, Policy Reform Essential for Mumbai Housing: Jaiswal

As Mumbai navigates redevelopment pressures, aging cess buildings, and expanding urban aspirations, MHADA’s cluster-led, policy-backed approach signals a shift from piecemeal interventions to integrated urban transformation. At the RealtyDailyNews Realty Real Estate Conclave 2026, Sanjeev Jaiswal (IAS), Vice-President and CEO of the Maharashtra Housing and Area Development Authority (MHADA), outlined a strategic roadmap to address Mumbai’s growing housing affordability challenges. With land constraints, high premiums, and complex redevelopment issues shaping the real estate landscape, Jaiswal emphasized the importance of cluster redevelopment and policy reforms as key solutions. Describing the issue, Jaiswal noted Mumbai’s decreasing land availability and increasing housing costs.…

Latest StoriesResidential

Centre greenlights 5,000 homes for displaced in Manipur

IMPHAL | NEW DELHI: Union Agriculture and Rural Development Minister Shivraj Singh Chouhan has sanctioned the construction of 5,000 homes for the rehabilitation of internally displaced persons (IDPs) in Manipur, as confirmed by officials. The decision came after a meeting between the minister and Manipur Chief Minister Yumnam Khemchand Singh in the national capital on Monday evening. Khemchand was accompanied in the meeting by the state’s two deputy chief ministers, Nemcha Kipgen and Losii Dikho. Officials stated that the homes will be built under PMAY-G for the Financial Year 2025-26, aimed at assisting the IDPs affected by the ongoing law…

Latest StoriesResidential

Rajkot Residents Weep as Demolition Displaces Them; Seek Help

File Photo RAJKOT: A significant demolition initiative by the Rajkot Municipal Corporation (RMC) in the Jangleshwar area has left many families uncertain about their future housing options. Officials defend the operation, stating it is essential not only to remove encroachments but also to combat crime. Initiated on Monday, the RMC aims to dismantle over 1,400 illegal settlements along a 2.5-km stretch, having already demolished approximately 1,350 structures by Tuesday afternoon. Witnesses reported emotional scenes as heavy machinery rapidly demolished homes. Sharifaben, a woman in her 60s, faces an uncertain future. Recently recovering from hip replacement surgery, she has found temporary…