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

Ludhiana: Incomplete Atal Apartment Brochures Confuse Applicants

LUDHIANA: The Ludhiana Improvement Trust (LIT) is facing renewed scrutiny over its flagship Atal Apartment Scheme. As it begins issuing forms for the draw of pending high-income group (HIG) and medium-income group (MIG) flats, many prospective applicants have raised significant concerns about the department’s transparency and procedural readiness. The main issue revolves around the absence of project brochures. Applicants have claimed that the LIT is charging Rs 500 for each application form, yet these forms are being distributed without the necessary brochures. These brochures are essential for outlining the project’s official terms and specifications, leaving many applicants confused and “applying…

Latest StoriesResidential

Kerala Achieves 500,000 Homes via LIFE Mission: CM

THIRUVANANTHAPURAM: Chief Minister Pinarayi Vijayan announced on Monday that the LDF government has successfully constructed five lakh houses under the LIFE Mission, a significant milestone towards eradicating homelessness in Kerala. In a Facebook update, Vijayan explained that the housing initiative was started in 2016 to provide secure homes for the homeless throughout the state. “The LIFE Mission, initiated by the LDF government in 2016 to make Kerala homelessness-free, has now seen the completion of five lakh homes,” he mentioned. The Chief Minister revealed that a state-level celebration to commemorate this achievement is scheduled for February 24 in Thiruvananthapuram. He also…

Latest StoriesResidential

Govt Approves 2.88 Lakh Homes Under PMAY-Urban 2.0

NEW DELHI: The Central Sanctioning and Monitoring Committee (CSMC) convened on Monday in New Delhi, sanctioning a total of 2.88 lakh houses under the Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0). With the latest approval of 2,87,618 houses, the total number of houses approved under the scheme has exceeded 13.61 lakh. The newly approved houses span 16 states and Union Territories (UTs), categorized under various PMAY-U 2.0 verticals: Beneficiary Led Construction (BLC) – 1.66 lakh houses, Affordable Housing in Partnership (AHP) – 1.09 lakh houses, and Affordable Rental Housing (ARH) – 12,846 houses. The Ministry of Housing and…

Latest StoriesResidential

Online Booking for 518 EWS Flats in Nagpur Begins Feb 24

NAGPUR: Nagpur Municipal Corporation (NMC) has announced a new initiative aimed at supporting the economically weaker section (EWS) of the city by launching online applications for 518 affordable housing flats under the Pradhan Mantri Awas Yojana (Urban) 2.0. On Sunday, Mayor Neeta Thakre and Municipal Commissioner Abhijeet Chaudhari revealed that registrations will commence at 3 PM on February 24 and will close at midnight on March 31. Allotments will be conducted through a computerized online lottery system. The initiative will include 518 flats consisting of 210 one-bedroom-hall-kitchen (1 BHK) and 308 two-bedroom-hall-kitchen (2 BHK) units, situated at Mouza Nari in…

Latest StoriesResidential

RLDA to Lease Yeshwantpur Land for Residential Project

Representative AI image BENGALURU: To bolster its revenue, the Rail Land Development Authority (RLDA) plans to lease 34,517 sqm of railway land in the Yeshwantpur railway colony. According to the RLDA’s request for proposal, a 99-year lease is set for residential development, which involves constructing apartments. The selected developer will also oversee the redevelopment of the railway colony, part of the Bengaluru division of South Western Railway (SWR), which currently houses 316 employee quarters. The project, estimated at Rs 119 crore, will have the revenue generated from residential properties shared between the developer and RLDA. “Both railway quarters and private…

Latest StoriesResidential

Kerala Landslide Survivors Choose New Homes via Lottery

MEPPADI: During a house allotment event for survivors of the Mundakkai-Chooralmala landslide disaster at MSA Auditorium on Friday, Valsala, a plantation worker from Chooralmala employed with Harrisons Malayalam Ltd, was filled with emotion as she participated in the draw. This allotment allowed the first group of 178 beneficiaries to choose from houses constructed under the township initiative in Kalpetta, with participants selecting slips that contained three-digit codes representing zone, cluster, and plot numbers. “I couldn’t hold back my tears when I drew the lot. Memories of my 35-year-old son overwhelmed me. Not a day goes by without crying for him…

Latest StoriesResidential

Over 2,200 Unsold Homes by Bengaluru Development Body

BENGALURU: Despite being priced lower than similar offerings from private developers, thousands of flats and villas built by the Bangalore Development Authority (BDA) on the city’s outskirts are finding it hard to attract buyers. Currently, 2,294 units remain unsold even years after completion. The BDA has made various efforts to stimulate sales, such as hosting property fairs, providing bulk discounts, and offering a 5% rebate on selected projects, yet the response from potential buyers has been underwhelming. Residents attribute the lack of interest mainly to inadequate infrastructure. Many housing developments are devoid of essential amenities like proper road access, street…

Latest StoriesResidential

BPTP Partners on 11-Acre Residential Project in Surajkund

NEW DELHI: BPTP, through its wholly-owned subsidiary Urban Realtech, has formed a joint development partnership with the landowner to create a residential group housing project on nearly 11 acres in Sector 39, Surajkund, Faridabad. Kabul Chawla, the chairman and managing director of the company, stated, “We believe this project has the potential to enhance our regional portfolio and deliver long-term stakeholder value.” The proposed project is set to encompass a developable area exceeding two million square feet. Published On Feb 22, 2026 at 05:00 PM IST Join a community of over 2M industry professionals. Subscribe to our newsletter for the…

Latest StoriesResidential

Centre grants permanent housing; JJ clusters near PM’s home to vacate by March 6.

NEW DELHI: Residents of three jhuggi-jhopri (JJ) clusters near the prime minister’s residence have been instructed to vacate their homes following the Centre’s allocation of permanent housing as part of a rehabilitation initiative, as per an official notice. The notice, issued by the Land & Development Office (L&D) under the Ministry of Housing and Urban Affairs (MoHUA), mandates that residents of BR Camp, Masjid Camp, and DID Camp near Race Course Road relocate to the newly assigned flats at Savda Ghevra in northwest Delhi. A MoHUA official confirmed that all residents in these three clusters have been allocated housing, with…

Latest StoriesResidential

Central Park to Invest ₹1,200 Crore in Gurugram Housing Project

NEW DELHI: Central Park Estates is set to invest ₹1,200 crore in the development of the Belanova residential project in Gurugram. The project is projected to generate revenues of approximately ₹2,500–3,000 crore and will be financed through project funding and internal reserves. It will feature 124 residences with an average price of around ₹25 crore each. The company anticipates securing around ₹500 crore in FY26 through private offerings to friends and family, followed by an expected ₹1,000 crore in FY27. The development is expected to be completed by July 31, 2026. Published On Feb 20, 2026 at 07:33 AM IST…