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

Chandigarh’s 2023 Notification Eases CHB Resident Norms

CHANDIGARH: The Chandigarh administration is set to reinstate the January 3, 2023 notification regarding the regularization of need-based modifications, bringing significant relief to over 3.5 lakh residents living in approximately 66,000 Chandigarh Housing Board (CHB) homes. This notification was put on hold following a Supreme Court ruling on January 10, 2023. During a press briefing at the UT secretariat in Sector 9 on Friday, Chief Secretary H. Rajesh Prasad announced that a new notification will be issued by the end of January, allowing for the regularization of modifications, subject to applicable fees. He mentioned that the relaxations and exemptions granted…

Latest StoriesResidential

Odisha to Finish 48,000 Pending PMAY-U Homes

BHUBANESWAR: The housing and urban development department plans to construct over 48,000 incomplete houses under the Pradhan Mantri Awas Yojana–Urban (PMAY-U), with the scheme deadline extended to December 31, 2025. The Union housing and urban affairs ministry informed the state that the PMAY-U was launched on June 25, 2015, to provide durable houses with essential amenities to eligible urban populations nationwide. The ministry noted, “The implementation period of the PMAY-U scheme, previously ending on March 31, 2022, has been extended to December 31, 2025, allowing sanctioned houses to be completed without altering the funding framework and implementation strategy.” As per…

Latest StoriesResidential

Lucknow launches lottery for 1,665 1BHK flats in Atalnagar

LUCKNOW: The Lucknow Development Authority (LDA) held a lottery on Thursday for the allocation of 1BHK flats under the Atalnagar Yojana at Devpur Para. A total of 1,665 one-bedroom flats were distributed during the lottery, with applicants invited on stage to choose slips to guarantee transparency. The entire event was live-streamed on YouTube. Many applicants expressed their relief at the long-awaited allotment. “I applied as soon as the scheme was announced but didn’t expect my name to be drawn in the first round,” said Vipin Kumar Sahu from Prayagraj. “This allotment brings a permanent home for my family.” The draw…

Latest StoriesResidential

Rohit Sharma’s wife purchases Mumbai apartment for ₹26.30 crore

NEW DELHI: Ritika Sajdeh, wife of Rohit Sharma, has acquired an apartment in Ahuja Towers, Prabhadevi, Mumbai, for ₹26.30 crore. The new apartment boasts a carpet area of 2,760.40 sq ft (256.45 sq meters) and includes three designated car parking spaces. The transaction involved a stamp duty of ₹1.31 crore and registration fees of ₹30,000, as indicated in the property registration documents accessed by Square Yards from the Inspector General of Registration (IGR) website. The deal was officially registered in December 2025. Published On Jan 8, 2026 at 01:30 PM IST Join a community of over 2M industry professionals. Subscribe…

Latest StoriesResidential

16,000 Chandrapur Families to Receive Permanent Land Titles

File Photo CHANDRAPUR: On Wednesday, Maharashtra’s revenue minister, Chandrashekhar Bawankule, announced the initiation of the process to grant permanent land ownership rights to approximately 16,000 families residing in Chandrapur’s slum areas. He described this move as a significant step towards fostering inclusive urban development. Speaking at election rallies in the region, Bawankule highlighted that MLA Kishor Jorgewar had vigorously advocated for the regularization of land rights for Nazul landholders in the assembly, expressing his satisfaction that the government was finally honoring that commitment. Permanent land titles will be issued to households across 55 slum localities in Chandrapur. The minister urged…

Latest StoriesResidential

Chhattisgarh Unveils Solar-Powered PMAY Homes for Tribals

Representative image RAIPUR: Chhattisgarh has introduced an innovative initiative, the first of its kind in India, by installing rooftop solar panels on the Prime Minister Janman Awas homes of Pahadi Korwa families, recognized as a Particularly Vulnerable Tribal Group. This aims to provide some of the state’s poorest tribal households with durable housing and minimal electricity expenses. In the pilot phase, rooftop solar systems have been set up on eight residences of Pahadi Korwa families in the remote Gudurumuda village, located in the Podi-Uproda block of Korba district. Officials from Chhattisgarh State Power Distribution Company Limited (CSPDCL) noted that this…

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Gurugram: Four unsafe NBCC Green View towers to be demolished

GURUGRAM: The district administration has approved the demolition of four towers—A, B, C, and D—at NBCC Green View in Sector 37D, which were deemed uninhabitable four years ago. The deputy commissioner, Ajay Kumar, granted this permission after a comprehensive review, allowing for reconstruction once these structurally unsafe buildings—housing 580 flats—are removed. Officials noted that this decision was made to avoid any further delays that could endanger public safety. This approval comes after the National Buildings Construction Corporation (India) submitted a demolition request last September. A committee led by the additional deputy commissioner thoroughly evaluated the application. During discussions, the administration…

Latest StoriesResidential

Home Buying in Ghaziabad Gets Costlier with Development Fee Hike

GHAZIABAD: The UP government has increased the development fee in Ghaziabad by more than 66%, marking the highest rise compared to other districts. This increase primarily targets developers, yet it is likely to affect homebuyers as well, leading to higher prices for plots and flats across the district. The revised rates are included in the UP-amended Urban Planning and Development (Assessment, Levy and Collection of Development Fee) rules and will officially take effect pending approval from the Ghaziabad Development Board. GDA assistant engineer Rudresh Shukla stated that the development fee has been raised from Rs 2,500/sqm to Rs 4,170/sqm. “Compared…

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Himachal Pradesh Promotes Eco-Friendly, Affordable Housing

SHIMLA: The Himachal Pradesh government is focused on promoting systematic development to ensure affordable and eco-friendly housing options that suit the state’s mountainous geography, as stated by Urban Development and Housing Minister Rajesh Dharmani on Wednesday. Minister Dharmani chaired a review meeting of the Himachal Pradesh Real Estate Regulatory Authority (RERA). He emphasized that RERA is crucial in safeguarding consumer rights within the real estate sector and facilitating the resolution of property disputes. The authority ensures transparency by providing essential information about real estate projects to homebuyers, thereby bolstering their confidence, he added. Officials reported that there are currently 269…

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2025 Residential Sales Steady at 3.48 Lakh Units in Top 8 Cities

NEW DELHI: Housing sales in the top eight Indian cities reached 348,207 units, reflecting a slight 1% year-on-year decline, according to a recent report from Knight Frank India. Despite the minor annual decrease, the total sales for the second half of the year stood at 178,406 units, the highest performance recorded for H2 since 2013. In 2025, new housing launches totaled 362,184 units, down 3% year-on-year, but still surpassed sales figures, demonstrating developers’ confidence in long-term demand. Shishir Baijal, Chairman and Managing Director, noted that the residential market is consolidating at elevated levels, driven primarily by genuine end-user demand rather…