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

3,000+ Residents Receive E-Khata at Bengaluru Mega Mela

BENGALURU: Over 3,000 residents gathered at the Sahakaranagar playground in the Byatarayanapura assembly constituency on Sunday for a successful mega e-khata mela. Initially set to conclude by 2 PM, the event has been extended to 8 PM on Monday due to the overwhelming response. Bengaluru Development Minister DK Shivakumar kicked off the door-to-door distribution drive by handing out draft e-khatas to local households. He encouraged residents to collect their documents online or to visit the mela, stating, “Final e-khatas will be delivered to homes within 100 days. Please check your details and complete the process as soon as possible.” He…

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AP Government to Build Permanent Homes for the Poor: Minister

VISAKHAPATNAM: Housing Minister Kolusu Parthasarathy has announced that the state government will build permanent houses equipped with all necessary amenities for the underprivileged, while also completing pending projects in NTR colonies. During his recent visit to housing developments in Gidijala (Visakhapatnam district) and Paidivada Agraharam (Anakapalli district), he inspected construction progress and interacted with beneficiaries. During his visit, Minister Parthasarathy evaluated the existing conditions in the layouts and engaged in discussions with the residents. He attributed the issues to the previous government’s inadequate planning and assured that the current government would address these deficiencies, ensuring high-quality housing for the poor.…

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Odisha Urges ULBs to Speed Up PMAY 2.0 Application Checks

BHUBANESWAR: In a bid to ensure the prompt allocation of homes under Pradhan Mantri Awas Yojana 2.0 (PMAY 2.0), the housing and urban development department has instructed all urban local bodies to hasten the verification process for applications submitted by beneficiaries. In a communication to the heads of urban local bodies, Satish Chandra Singh, joint secretary of the Odisha Urban Housing Mission, expressed dissatisfaction with the sluggish pace of the verification process and urged faster action alongside increased awareness among beneficiaries. Data indicates that 82,382 applications have been received to date, with 48,598 pertaining to beneficiary-led construction. However, only 13,925…

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Maharashtra to Notify Draft Rules for Housing Societies Soon

PUNE: The state government is set to introduce a new set of draft rules for cooperative housing societies within two weeks, confirmed officials from the cooperation department on Monday. The proposed amendments are aimed at minimizing conflicts, simplifying the redevelopment process, and enhancing transparency in the operations of societies throughout the state. A significant aspect of the draft includes a reduction in interest on maintenance dues from 21% to 12%—a change residents believe has been long overdue. Additionally, the rules will allow for hybrid AGMs, mandatory video recording of redevelopment meetings, and permit societies to secure redevelopment loans based on…

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Chandigarh Civic Body Approves Manimajra Housing Plan & Ads

CHANDIGARH: On Monday, the MC general house approved two significant revenue-generating proposals: the terms for the Manimajra housing scheme and the establishment of 53 new advertisement sites/unipoles. The civic authority will forward the meeting minutes to the Chandigarh administration, and upon approval, will initiate the project. The Manimajra initiative will span over 7.5 acres across five parcels in pocket number 6. Land allotment can be conducted jointly or individually to ensure project viability. Terms and conditions have taken into account all administrative, legal, financial, and engineering considerations for the housing project. The MC has specified that no fragmentation or amalgamation…

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People’s Education Society Acquires Bengaluru Properties for ₹110 Crore

The People’s Education Society (PES), the organization behind PES University, has acquired two independent houses in the Sadashivanagar region of Bengaluru for a total of Rs 110 crore. Analysts indicate that these transactions highlight the ongoing demand from institutions and high-net-worth individuals in the city’s premium micro markets. On April 1, PES, represented by COO Ajoy Kumar, purchased a 9,840 sq ft independent house for Rs 55.5 crore from Woodkraft India. Previously, on January 22, the society, with representation from PES University Chancellor Jawahar Doreswamy, bought an adjacent house with a built-up area of 5,575 sq ft on the same…

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Lucknow’s Q1 FY26 House Tax Exceeds 300,000

LUCKNOW: In the first quarter of 2025–26, over three lakh property owners in Lucknow settled their house taxes. Meanwhile, more than four lakh have yet to fulfill this obligation, as reported by the Lucknow Municipal Corporation (LMC) on Monday. As part of the new system, a 10% rebate is available only to individuals who process both house tax and user charges online by July 31. Of the 7,33,521 registered properties in the city, 3,00,208 homeowners cleared their dues between April and June, leaving 4,33,313 properties still pending for tax payment. The total revenue collected to date is Rs 2,02.4 crore.…

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Thiruvananthapuram Tops State in Home Registrations

THIRUVANANTHAPURAM: In a significant boost to the capital’s real estate sector, Thiruvananthapuram has taken the lead in residential project registrations under the Kerala Real Estate Regulatory Authority (K-RERA) for the first half of the year. From January 1 to June 30, the state capital recorded an impressive 1,068 residential units—marking the highest in the state and the only district to exceed the 1,000-unit milestone. The latest data, released by the state government via the K-RERA website on Monday, shows Thiruvananthapuram’s ongoing momentum in real estate development. Ernakulam followed with 887 units, while Kozhikode saw 632 units, signaling a robust urban…

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Jaipur to Hold Lottery for 3 Residential Schemes on July 2

JAIPUR: The Jaipur Development Authority (JDA) is set to conduct the lottery for allotting plots in three residential schemes—Ganga Vihar, Yamuna Vihar, and Saraswati Vihar—on Wednesday. This marks the first time JDA will live stream the entire lottery process. According to JDA commissioner Anandhi, “The event will take place at the Citizen Service Centre of JDA headquarters. We will stream the entire lottery live on JDA’s YouTube channel and Facebook page.” JDA has received more than 82,000 applications for a total of 765 plots across these three schemes. Published On Jul 2, 2025 at 09:29 AM IST Join our community…

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Over 75% of Dharavi Tenement Holders Eligible for New Homes

MUMBAI: The Dharavi Redevelopment Project (DRP) has unveiled its first eligibility list, revealing that over 75% of tenement holders qualify for new homes under this ambitious slum redevelopment initiative, according to DRP data. Residents who moved to Dharavi before January 1, 2000, can qualify for a 350 sq ft flat within the area, assuming they provide the necessary documentation. Residents who established residence between January 1, 2000, and January 1, 2011, may be offered 300 sq ft units at alternative locations outside Dharavi. The first list identifies 505 households from Meghwadi and Ganesh Nagar in Mahim as eligible for rehabilitation.…