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

Hyderabad Housing Sales Up 1% to 19,249 Units in H1 2026

NEW DELHI: In the first half of 2026, Hyderabad saw housing sales of 19,249 units, reflecting a 1% year-on-year increase, as reported by Knight Frank India. New launches decreased by 2% year-on-year to 20,466 units in this period. The report indicates that this slowdown is attributed to a more cautious approach from developers, amid stricter regulations, including the implementation of HYDRAA. The average residential prices increased by 7% year-on-year to ₹8,258 per sq ft in H1 2026, compared to ₹8,200 per sq ft in 2025. Knight Frank noted that the demand for housing in Hyderabad is largely driven by end-users,…

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NCR Housing Sales Drop 7% to 24,862 Units in H1 2026

NEW DELHI: The National Capital Region (NCR) saw residential sales reach 24,862 units in H1 2026, a seven percent decline from 26,795 units in H1 2025, as per Knight Frank India’s report. During the same period, new launches fell by five percent year-on-year, totaling 23,877 units compared to 25,233 units last year. Gurugram led the NCR residential market, representing 50 percent of new launches and 42 percent of total sales in H1 2026. Knight Frank noted that Gurugram’s launch pipeline is predominantly in the premium and luxury segments, with nearly all new projects starting above the ₹2 crore price point.…

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Nashik Records ₹17,543 Crore in Property Deals for FY26

NASHIK: During the financial year 2025-26, property transactions within Nashik city limits reached an impressive Rs 17,543 crore, marking the highest annual turnover to date and indicating persistent growth in the local real estate market. This estimate is derived from the revenue generated by the Nashik Municipal Corporation (NMC) through a 1% local body cess imposed on property registrations. Officials noted that the NMC collected approximately Rs 175.43 crore through this cess during the fiscal year. Under the current registration system, property buyers within the municipal limits are required to pay a 6% duty upon registration. This includes 5% as…

Latest StoriesResidential

1.71 Lakh Homes Sold in Top 8 Indian Cities in H1 2026

Representative AI image NEW DELHI: According to a report from Knight Frank India, India’s eight leading residential markets recorded a total of 171,471 housing unit sales in H1 2026, marking a one percent increase year-over-year. New housing launches reached 187,350 units during the same period, reflecting a four percent annual growth. Total sales for the year 2025 were 348,207 units, slightly lower compared to the previous year. Knight Frank noted that the residential market is entering a phase of late-cycle consolidation, as sales stabilize after a four-year recovery period following the pandemic-induced downturn in 2020. Mumbai continues to lead as…

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Residents protest waterlogging, incomplete amenities in Zirakpur

MOHALI: Residents of Aura Homes near Nabha Sahib organized a protest on Friday due to ongoing issues with waterlogging, seepage in their flats, and insufficient civic infrastructure. They claim the builder abandoned the project after selling most units. Waving placards and chanting slogans, residents pointed out that several promised amenities—including a clubhouse, park, gated entrance, boundary wall, effective sewerage system, sewage treatment plant (STP), rainwater harvesting system, and paved internal roads—remain unfulfilled despite multiple assurances. Resident Sahil mentioned that even light rainfall results in significant waterlogging in the community, highlighting the absence of a reliable drainage system. Water collects in…

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Mumbai: Tardeo Residents Get Relief for OC-less Buildings

Representative AI image MUMBAI: Nearly a year after the Bombay High Court ordered residents of Tardeo’s Willingdon View Co-operative Housing Society Ltd to vacate the upper 18 floors of their 34-storey building due to the absence of an Occupation Certificate (OC), many are expressing relief following the BMC Standing Committee’s approval on July 8 of a proposal that may regularize such buildings. Residents are now urging for the prompt clearance of the proposal by the BMC’s General Body, and they are requesting that the standard operating procedure (SOP) be made public to facilitate payment of the required charges, acquisition of…

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Over 1.1 Million PMAY Homes Ready in Chhattisgarh in 2.5 Years

RAIPUR: In the past two-and-a-half years, over 1.1 million houses have been constructed in Chhattisgarh under the Pradhan Mantri Awas Yojana (PMAY), recording the highest completion rate in the country, as noted by officials on Friday. During a recent event in Raipur, Chief Minister Vishnu Deo Sai presented keys to several PMAY beneficiaries and released a progress report on the “Mor Gaon-Mor Pani” (My Village-My Water) initiative. Shortly after assuming office in December 2023, the state cabinet approved funds for 1.8 million PMAY houses in its inaugural meeting. Continued efforts have led to the completion of more than 1.1 million…

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PMAY Colony in Wathoda Offers Complete Amenities: Maharashtra Deputy CM

File Photo NAGPUR: Deputy Chief Minister Eknath Shinde informed the Assembly on Friday that the Pradhan Mantri Awas Yojana (Urban) housing project at Wathoda has been equipped with all necessary infrastructure in accordance with the approved development plan. He dismissed claims regarding missing amenities, poor construction, and increasing crime in the area. The Nagpur Metropolitan Region Development Authority (NMRDA) completed 3,580 housing units under the scheme by November 13, 2021, Shinde stated. Of these, 264 units are located in Mauza Wathoda and 3,316 in Mauza Tarodi (Khurd). Basic amenities and maintenance are being handled by registered cooperative societies of the…

Latest StoriesResidential

DTCP Audits Ramprastha Primera in Gurugram Amid Balcony Concerns

GURUGRAM: The Department of Town and Country Planning (DTCP) has mandated a thorough structural audit of Ramprastha Primera in Sector 37D following concerns raised by residents regarding the safety of the group’s balconies and other structures. In directives issued to Ramprastha Promoters & Developers Pvt. Ltd., district town planner (enforcement) Amit Madholia has instructed the developer to carry out a comprehensive structural audit at its own expense. This assessment must be conducted by one of the four engineers approved by the panel led by Gurgaon’s additional deputy commissioner and should commence within the next 15 days. The order came after…

Latest StoriesResidential

Bhopal Residents Voice Civic Grievances in Their Colonies

Representative AI image BHOPAL: Over 250 individuals who purchased homes in various residential colonies of Bhopal gathered at the district collectorate auditorium on Thursday to express their concerns. District Collector Priyank Mishra organized a session to address civic issues faced by residents. ADM Sumit Pandey led a team of officials to engage with the attendees, many of whom reported receiving homes without essential civil amenities such as roads, sewage lines, and in some instances, basic utilities like water and electricity. Numerous participants expressed feelings of betrayal, claiming the developers made numerous promises but have since redirected their efforts to new…