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

Tiger Shroff sells Mumbai apartment for ₹15.6 crore

NEW DELHI: Tiger Shroff has sold his apartment at Rustomjee Paramount in Khar, Mumbai, for ₹15.60 crore. He purchased the property in 2018 for ₹11.62 crore. The apartment boasts a carpet area of 1,989.72 sq ft (184.85 sq meters) and a built-up area of 2,189 sq ft (203.34 sq meters), as indicated by property registration documents examined by Square Yards on the Inspector General of Registration (IGR) website. The sale includes three parking spaces. Additionally, the deal involved a stamp duty of ₹93.60 lakh and registration fees of ₹30,000. The transaction was officially registered in September 2025. Published On Sep…

Latest StoriesResidential

Senior Citizens Face E-Khata Issues Amid Aadhaar Mandate in Bengaluru

Representative AI image BENGALURU: Numerous senior citizens in the city are facing challenges in obtaining e-Khata for properties bought by their children, who are now living abroad. The requirement for Aadhaar ID on the Greater Bengaluru Authority (GBA) portal has left many families of Non-Resident Indians (NRIs) frustrated, as they lack this form of identification. For example, an octogenarian from RT Nagar, C V Govindharaju, is struggling to secure e-Khata for his flat purchased 22 years ago. “My son, who is a US citizen, assisted me in acquiring this apartment in 2003. However, the application for e-Khata is rejected because…

Latest StoriesResidential

Odisha Launches ₹500–1,500 Monthly Rental Homes for All

Representative AI image BHUBANESWAR: Tenants, especially students and the urban poor, can breathe a sigh of relief as the housing and urban development department launches an innovative rental housing project across multiple urban centers in the state. The project aims to provide quality accommodation for targeted beneficiaries, with affordable rent ranging from Rs 500 to Rs 1,500 per month. Several rental housing complexes are currently being constructed in Odisha, with one already operational in Bhubaneswar. According to official data, Bhubaneswar hosts three such projects: a 200-bed facility in Kharvel Nagar and two 100-bed facilities in Shampur and Chandrasekharpur. Additionally, the…

Latest StoriesResidential

Chandigarh: Manimajra Housing Project Approval in Question

CHANDIGARH: A significant controversy has arisen over the approval of a multi-storey housing project in Manimajra. Senior Deputy Mayor Jasbir Singh Bunty and Deputy Mayor Tarun Mehta have claimed that the agenda was passed unlawfully during the MC’s 352nd general house meeting on August 26. In a letter sent to the local government secretary, the two officials, along with AAP councillor Prem Lata, alleged the agenda was pushed through arbitrarily, violating democratic procedures and the Municipal Corporation Act. They called on the secretary to intervene and nullify the agenda for the greater public good. The councillors contended that opposition members…

Latest StoriesResidential

New Building Rule Boosts Sales of Chennai Homes

CHENNAI: Families looking to purchase villas and independent homes in Chennai have reason to celebrate, as the Tamil Nadu government has approved stilt + two-floor buildings up to 10 meters. This modification creates stilt space for parking and accelerates handovers, making villas more appealing to buyers. Developers and investors anticipate that this will generate renewed demand for plotted developments throughout the city and its suburbs. S Ramprabhu, chairman of the DTCP committee at the Builders Association of India, stated that this change will cater to the increasing need for independent homes in Chennai. “Previously, the self-certification was limited to G+1…

Latest StoriesResidential

Bhubaneswar Teams Up with Bank for Urban Poor Home Loans

BHUBANESWAR: To assist beneficiaries of affordable housing projects in obtaining accessible home loans, the Bhubaneswar Municipal Corporation (BMC) has collaborated with a leading private sector bank. A recent meeting focused on outlining the respective roles of the bank and the civic body in launching a pilot project aimed at helping urban poor beneficiaries navigate complex banking regulations. The pilot initiative will support 600 beneficiaries who have been allocated homes within various affordable housing schemes in Bhubaneswar but face challenges in contributing their share towards the properties. These projects are implemented under the Pradhan Mantri Awas Yojana (Urban) 2.0. In the…

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Rajasthan Housing Board Delays Cost Residents Dearly

JAIPUR: Residents of Indira Gandhi Nagar have been waiting for a year for the completion of a 100-meter road stretch near Kundanpura on Ganga Marg. The unfinished road, filled with potholes, poses daily hazards, with frequent two-wheeler accidents during the monsoon. The Rajasthan Housing Board (RHB) constructed almost 5 km of road in the area, but the last 100 meters remain incomplete due to encroachments. The encroachers moved to the high court for compensation, which put a halt to the project. However, six months ago, the court dismissed their claims and instructed the housing board to finish the road. Despite…

Latest StoriesResidential

Delhi: 152 DDA Flats Sold Within an Hour in ‘Apna Ghar’ Scheme

Representative image NEW DELHI: All 152 flats released by the Delhi Development Authority’s (DDA) ‘Apna Ghar Awas Yojana’ were booked within an hour of their launch on Friday, projected to generate a revenue of ₹100 crores, according to officials. The DDA offered 152 additional flats on a first-come-first-served basis, which includes 76 middle-income group (MIG) flats at Lok Nayak Puram, block D, and 76 economically weaker section (EWS) flats in Narela’s sector A1-A4, block G. “The scheme elicited a remarkable response from the public, with all additional flats booked within just one hour. To meet the ongoing public demand for…

Latest StoriesResidential

Malaika Arora Sells Mumbai Apartment for ₹5.30 Crore

File Photo NEW DELHI: Malaika Arora has sold her apartment in Runwal Elegante, Lokhandwala Complex, Andheri West, Mumbai for ₹5.30 crore. The transaction incurred a stamp duty of ₹31.08 lakh and registration fees of ₹30,000. She purchased the property for ₹3.26 crore in March 2018, resulting in a profit of approximately ₹2.04 crore, equating to a 62% increase, based on documents from the Inspector General of Registration (IGR) reviewed by Square Yards. The apartment boasts a carpet area of 1,369 sq ft (127.18 sq meters) and a built-up area of 1,643 sq ft (152.68 sq meters), and includes one car…

Latest StoriesResidential

Bengaluru: 85% Flat Owners Approved in E-Khata Drive, 4K Appeals

BENGALURU: Out of 140,000 e-khata applications submitted by flat owners in the city, approximately 120,000 were approved without objections, as their tax records and sale deeds were verified as accurate, based on data from the Greater Bengaluru Authority (GBA) obtained by TOI. However, around 20,000 flats were identified with discrepancies, yet only 4,000 owners have lodged appeals to date. Authorities stress the importance of not generalizing individual cases, highlighting that 85% of flat owners have adhered to the regulations. A senior revenue official remarked, “Some residents have acknowledged their mistakes and are ready to pay the adjusted amounts; we are…