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

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+…

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Mumbai property registrations up 7% to 12,315 in May 2026

NEW DELHI: The Brihanmumbai Municipal Corporation (BMC) reported that Mumbai saw 12,315 property registrations in May 2026, marking a 7% increase compared to the previous year, according to Knight Frank India. This figure represents the highest number of registrations for May in the last 14 years, exceeding the peak recorded in May 2025. The state government earned ₹1,051 crore from stamp duty during this month, reflecting a 1% year-on-year decline. Knight Frank indicated that this slight reduction in revenue, despite the rise in registrations, was due to changes in the mix of transactions. However, registrations saw a 14% decrease from…

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Madhya Pradesh: Fly Ash Bricks Cost Homebuyers More

Representative AI image INDORE: The cost of building a house in the state may rise as fly ash brick manufacturers announce a price increase. This change could have a wider impact, making government infrastructure projects and commercial developments in Madhya Pradesh more expensive starting June. During a meeting on Thursday, the Fly Ash Brick Manufacturers Cooperative Society agreed to raise the price from approximately Rs 6,000 to Rs 6,500-7,000 per 1,000 bricks, excluding GST. Industry estimates indicate that for constructing an average 1,000 sq ft flat, about 8,000-10,000 fly ash bricks are needed. The new rates could result in an…

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20+ Maharashtra housing societies finish online registrations in 2 months

Sure! Here’s a rewritten version of the content: — PUNE: Following the launch of a fully online cooperative society registration system by Maharashtra’s cooperation department two months ago, 23 housing societies in the state have successfully completed the approval process via the Aaple Sarkar portal. This marks a significant transition from the cumbersome paperwork-intensive method that required multiple visits to deputy registrar offices. As of Friday, officials from the state cooperation department informed TOI that the portal has processed 304 applications for society name reservations—the initial step in the registration process. Out of these, 113 applications received approval, while 34…

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Pune Fire Brigade Targets Housing Societies for Safety Issues

PUNE: A recent fire incident in a Pune housing society has triggered a heightened response from the fire brigade, revealing a troubling pattern of negligence in residential complexes across Maharashtra. Following a fire in an electricity meter box on May 18, the Pune Fire Brigade issued an official notice due to several safety violations. The blaze, reportedly ignited by a short circuit, was swiftly extinguished. However, an inspection afterwards uncovered alarming safety non-compliance. The city’s chief fire officer noted that the meter room was obstructed, hindering emergency access. Additionally, the society was found lacking essential firefighting tools, including extinguishers and…

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Delhi’s Small Residential Buildings: No More Physical Inspections for Regularisation

NEW DELHI: The Municipal Corporation of Delhi (MCD) has eliminated the requirement for mandatory physical inspections for the regularization of residential buildings up to 105 square meters, officials announced on Wednesday. According to an official statement, this decision aims to simplify the building regularization process and mitigate delays in resolving pending cases. Under the updated system, property owners will no longer require a physical inspection by an engineer for regularization approval. Instead, applicants can submit a certified undertaking by an authorized architect along with an online fee. “This decision was made to reduce procedural obstacles and enhance citizen-friendliness in civic…

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Register Rental Agreements Online: Simplify with Maharashtra’s Help

PUNE: The registration department is advising property owners to execute registered leave-and-licence agreements instead of relying on notarized rental agreements. They warn that unregistered agreements could lead to legal complications, particularly during police verifications and tenancy disputes. According to officials, registered online agreements provide stronger legal standing and are seamlessly integrated with police records through the Crime and Criminal Tracking Network and Systems (CCTNS). “Once a leave-and-licence agreement is registered online, tenant details are automatically shared with the police. Property owners do not need to submit them separately,” explained Abhaysinh Mohite, Deputy Inspector General (IT) of the registration department. He…

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BPTP to Invest ₹1,200 Crore in Gurugram Residential Project

NEW DELHI: BPTP is set to invest approximately ₹1,200 crore to develop the Downtown 66 residential project in Sector 66, Gurugram, with a projected gross development value of around ₹2,500 crore. The project, situated along Golf Course Extension Road, will feature 504 residences in 3BHK and 3.5BHK layouts. Prices are expected to start at ₹5.32 crore. Architectural and interior design is overseen by AEDAS, with Coopers Hill serving as the landscape consultant. Additional consulting firms involved include RWD1, Manish Consultant, RSMS, ATN Consultants, Sanelac, and Proion. Published On May 26, 2026 at 03:00 PM IST Join a community of over…

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Prayagraj to launch OTS for house tax arrears in June 2026

PRAYAGRAJ: Over 90,000 property owners in Prayagraj are set to benefit from a significant relief in house tax dues as the Municipal Corporation gears up to introduce a One Time Settlement (OTS) scheme in the first week of June. This initiative will waive interest on outstanding house tax amounts for both residential and commercial properties, offering substantial aid to many defaulters throughout the city. Officials estimate that nearly ₹90 crore in accumulated interest may be waived under this scheme, which will be available for four months until September. The city boasts more than three lakh registered properties; however, around two…

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AU Real Estate to Invest ₹1200 Crore in Ghaziabad Project

NEW DELHI: AU Real Estate is set to invest around ₹1200 crore in developing Cosmos Corner, a residential project on approximately 5.6 acres in Siddharth Vihar, Ghaziabad. The land, acquired by Cosmos REIT—a fully owned subsidiary—was purchased for ₹336 crore through an auction by the Uttar Pradesh Awas Vikas Parishad. This project will feature approximately 831 residential units across 40 floors, with an estimated revenue potential of ₹1600 crore upon completion. Currently, homes are priced starting at ₹6,900 per sq ft, with offerings including 3BHK apartments of 1,780 sq ft, 3BHK with a multipurpose room at 1,972 sq ft, and…