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

Varanasi body advances group housing, approves 474 layouts

Representative AI image VARANASI: The Varanasi Development Authority (VDA) is experiencing positive results from its new strategies to engage builders in developing planned colonies, with over 474 layouts now approved. However, it has come to light that builders have not obtained completion certificates for 73 group housing projects, despite allotting and occupying flats in these developments. Completion certificates, issued by competent authorities like the VDA, ensure compliance with building regulations and safety standards. This process involves verification of construction quality, adherence to approved plans, and completion before any possession is granted to buyers. In reviewing its records, the VDA discovered…

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Premium Housing Fuels 50% of Sales as Affordable Segment Drops 17%

NEW DELHI: The Indian residential market shifted more towards higher-value homes in 2025, with properties priced above ₹1 crore making up 50% of total annual sales. This trend emerged even as demand for affordable housing decreased, according to a recent Knight Frank India report. Total housing sales reached 348,207 units in 2025. Homes priced over ₹1 crore experienced a 14% year-on-year increase, while sales for units below ₹50 lakh fell by 17%. The mid-segment, priced between ₹50 lakh and ₹1 crore, also faced an 8% drop in annual sales. As noted in the report, the slowdown primarily affected lower-priced categories,…

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Lead-to-buy cycle cuts to 26 days; ₹2-3 crore homes sell in 15 days

NEW DELHI: Despite a decline in housing sales across major cities in 2025, the average duration to convert a housing lead to a booking decreased to 26 days, the shortest span in three years. This trend is attributed to swifter decision-making in high-value segments, as reported by Anarock. The lead-to-booking conversion time dropped from 32 days in 2024 to 26 days in 2025. The quickest conversion period was noted in 2022 at 22 days, while 2020 marked the slowest at 35 days. “The reduction in conversion days is primarily due to increased sales of larger homes in top cities,” explained…

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Mapusa Homebuyers File Cheating Complaint Against Two Developers

PANAJI: Nine homebuyers have filed a complaint with the Mapusa police against two real estate developers, accusing them of fraud and failing to deliver flats despite receiving full payment nearly ten years ago. The buyers had booked apartments in the ‘Sai Ishwari’ residential-cum-commercial project, which was initiated in 2015 at Karaswada, Bardez. The project included 17 apartments, with sales agreements finalized at the Mapusa sub-registrar’s office. The agreements stipulated that the construction would be completed and possessions delivered by 2019. The complainants contend that despite numerous follow-ups via meetings and phone calls regarding construction delays, they were met with repetitious…

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Chennai’s Rental Market Challenges for Single Women

Representative AI image Women renters in Chennai are contending with moral policing and broker harassment, despite an increasing acceptance in the rental market. For Priyanka M, who relocated from Tiruvallur, it took six months and nearly 60 house viewings to finally find a rental in Egmore. Shreya P, now living in T Nagar after moving from Salem, faced different challenges, including harassment from brokers and scrutiny regarding her profession and lifestyle. Although data indicates that the city is becoming more welcoming to independent women renters and proptech platforms are emerging to limit broker interference, the reality remains challenging. Many house…

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Bhubaneswar Residents Accuse Developer of Road Encroachment

Representative image BHUBANESWAR: Residents of a prominent housing project in GGP Colony have accused the developer of encroaching on their common road to facilitate a neighboring construction project. The residents report that heavy vehicles and construction machinery have been using the road designated solely for their housing complex, creating inconvenience and safety hazards for over 50 families. They claim this is happening despite the second project not having secured the necessary approvals from local authorities. As part of the ongoing dispute, residents further allege that the developer has occupied common areas within their existing complex, including parts of the ground…

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Trichy’s Luxury Flats See High Demand From Buyers

TRICHY: With rising calls to designate Trichy as the state’s second capital, residential flat prices in key locations have surged, often exceeding those in parts of Chennai. Land prices have increased nearly 25% in the last two years, with premium flats now starting at over Rs 1.5 crore. Developers report sustained interest from buyers in high-end apartments, featuring larger floor plans and modern amenities, driven by improvements in the city’s infrastructure. Real estate professionals attribute the sharp rise in land prices to significant investments in public infrastructure, such as Tidel Park and industrial estates, as well as airport expansion and…

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Experion Developers to Invest ₹1,500 Crore in Noida Housing Project

NEW DELHI: Experion Developers has announced a ₹1,500 crore investment to develop the residential project SAATORI in Sector 151, Noida. The project, which spans five acres, features three standalone towers rising to G+38 floors, with one dedicated tower for 4BHK residences. BK Malagi, Vice Chairman of the company, stated, “This ₹1,500 crore investment underscores our long-term commitment to providing lasting value and world-class living standards.” DPA of Singapore is the architectural consultant, while Plandscape from Bangkok is responsible for the landscape design of the project. Published On Feb 12, 2026 at 04:41 PM IST Join a community of over 2…

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Bihar asks Centre to release ₹3,000 crore for PMAY-Gramin

PATNA: The Bihar government has requested the Centre to expedite the release of the pending ₹3,000 crore under the Pradhan Mantri Awas Yojana Gramin (PMAY-G), as announced by a state minister during Wednesday’s assembly session. In response to a question, Rural Development Minister Sharwan Kumar explained that the Centre had previously released ₹91 crore in January, which was distributed among PMAY-G beneficiaries without an SNA account. “We faced challenges in establishing an SNA account for fund distribution under PMAY-G. We have asked the Centre to release ₹3,000 crore, allowing us to distribute the funds to beneficiaries without an SNA,” he…

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Maharaja of Tehri to Sell 3.2 Acres in Delhi for ₹1,000 Cr

Representative Image NEW DELHI: Another significant bungalow deal of around ₹1,000 crore is on the horizon in the national capital, as Maharaja Manujendra Shah of Tehri Garhwal plans to sell his property on Bhagwan Das Road to a local entrepreneur noted for his substantial footprint in the food and beverage sector, according to sources familiar with the situation. The 3.2-acre bungalow marks the second acquisition for the businessman, who has also secured an agreement to purchase the first official residence of former Prime Minister Jawaharlal Nehru on Motilal Nehru Road in Lutyens’ Bungalow Zone (LBZ) for over ₹1,100 crore. As…