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

Residents Urge CM & BMC to Fast-Track 18-Story Highrise in Mumbai

MUMBAI: On Thursday, 34 residents vacated their flats in Tardeo’s Willingdon View housing society, following a Bombay High Court deadline. Local MLA Mangal Prabhat Lodha, along with other residents, met with Chief Minister Devendra Fadnavis and BMC Commissioner Bhushan Gagrani, urging the swift issuance of the Occupation Certificate (OC) for the upper 18 floors. The High Court had recently declined to extend the August 27 deadline for occupants to leave the upper floors of the 34-story building, which currently lacks OC. According to Assistant Municipal Commissioner of D Ward, Manish Walunju, each floor consists of two flats, some of which…

Latest StoriesResidential

Mundhwa Residents Challenge Slum Rehab Plan in Pune

PUNE: Residents of Sarvodaya Cooperative Housing Society in Mundhwa have raised concerns about their unjust classification as a slum in the 2017 development plan (DP). They argue this mislabeling undermines their housing status and threatens their homes. The residents assert that their society’s land is inaccurately depicted as part of a nearby slum, leading to many being incorrectly identified as slum dwellers. This classification would subject 2 acres and 25 guntha of their land to the Slum Rehabilitation Authority (SRA). A complaint has been lodged with the SRA, and officials have stated that they will investigate the issue if necessary.…

Latest StoriesResidential

Haryana Eliminates Stamp Duty on 50 & 100 Sq Yards Plots

CHANDIGARH: Haryana’s Chief Minister Nayab Saini announced on Wednesday the abolishment of stamp duty on residential plots measuring up to 50 square yards in urban areas and up to 100 square yards in rural locations. “Effective immediately, stamp duty is now zero,” Saini declared. This order applies to properties purchased under the Pradhan Mantri Awas Yojana, Mukhyamantri Shehri Awas Yojana, and Mukhyamantri Gramin Awas Yojana. Saini made these statements while addressing a motion from the opposition INLD regarding the recent increase in collector rates. He accused the opposition of misleading the public about the revised rates. The collector rate is…

Latest StoriesResidential

Noida: 120+ families ordered to leave Janta flats post-collapse

Representative image created by AI NOIDA: Authorities have advised nearly 130 families residing in Janta and EWS flats in Sector 31 to vacate their homes after a roof collapse highlighted the dire structural issues stemming from years of water seepage, neglect, and unauthorized renovations. On Sunday evening, rain exacerbated by years of neglect led to the roof of a second-floor flat collapsing, largely due to the additional weight of three overhead water tanks. Kuldeep and Savita Dixit, who live in the affected two-bedroom unit with their three young children, were home when the ceiling fell in. Savita recounted, “It sounded…

Latest StoriesResidential

Anil & Harsh Varrdhan Kapoor Purchase ₹5 Crore Mumbai Flat

NEW DELHI: Anil Kapoor and his son Harsh Varrdhan Kapoor have purchased an apartment in The Smoky Hill CHS located in Bandra West, Mumbai, for ₹5 crore. The apartment boasts a built-up area of 108.25 square meters (1,165 square feet) and a carpet area of 90 square meters (970.71 square feet), according to the Inspector General of Registration (IGR) documents reviewed by Square Yards. The transaction was officially recorded in August 2025. The deal involved a stamp duty payment of ₹30 lakh and registration fees of ₹30,000, and it also comes with one garage space. Published On Aug 26, 2025…

Latest StoriesResidential

Chandigarh Uphelds Group Housing Society Property Status Quo

CHANDIGARH: In a setback for group housing and cooperative society allottees in the city facing challenges with conversion, unearned increase, need-based changes, and completion certificates, the Chandigarh administration has decided to maintain the status quo on these issues. This response comes after a communication from the Ministry of Home Affairs (MHA) addressing five major property-related concerns. Unearned Increase on Flats The “unearned increase” imposition remains a contentious issue for housing society allottees. If the original transferee (allottee/lessee) sells, gifts, mortgages, or otherwise transfers rights after the 15-year ban period, one-fourth of the unearned increase must be paid to the government…

Latest StoriesResidential

West Bengal CM: 2.26 Lakh Pattas Issued for Homes Statewide

BARDHAMAN: West Bengal Chief Minister Mamata Banerjee, reaffirming her dedication to social welfare, announced on Tuesday that since taking office in 2011, her administration has distributed 2.26 lakh pattas (land deeds) to empower individuals with the right to their homes. Under the Trinamool Congress (TMC) leadership, the state has successfully provided water supply to 76% of rural areas and 78% of urban regions, aiming to cover the remaining areas soon. While addressing a public function regarding land deed distribution in Purba Bardhaman, the CM remarked, “We believe in fulfilling our promises.” “Since 2011, we’ve issued 2.26 lakh home pattas, 1.80…

Latest StoriesResidential

Hrithik Roshan Rents Juhu Flat for Saba Azad at Discounted Rate

Actor Hrithik Roshan has rented a sea-view flat in his luxurious Juhu property to partner Saba Azad for just ₹75,000 per month, significantly lower than current market rates. The leave-and-licence agreement, registered on August 4, stipulates a monthly rent of ₹75,000 with a security deposit of ₹1.25 lakh for a 12-month period, as per data from property platform Zapkey. Roshan purchased three floors in Mannat Apartments (also known as Vartamaan) on Juhu-Versova Link Road in October 2020 for ₹97.5 crore, specifically the 18th, 19th, and 20th floors. This rental rate starkly contrasts with a 2023 agreement in the same building,…

Latest StoriesResidential

Residents Push for Balcony and Extension Regulation in Noida

Representative image created by AI NOIDA: The Federation of Noida Residents Welfare Associations (FONRWA) on Monday urged the Noida Authority CEO to regularize unauthorized extensions in residential homes, including rear balconies and ground floor covers. They suggested imposing penalties if necessary and sent a letter to CEO Lokesh M. The federation emphasized that open rear balconies and ground floors pose security risks, and therefore allowing extension covers with applicable fees would be beneficial. This initiative could also help accommodate growing families, as not everyone can afford larger homes. “Today, we wrote to the CEO of the Authority, Lokesh M, requesting…

Latest StoriesResidential

Property Owners Criticize Bengaluru Body for High Khata Fees

BENGALURU: The high khata transfer fee set by the Bangalore Development Authority (BDA) has faced criticism from property owners in its developed layouts. Property owners express willingness to pay a transfer fee but dispute the significant increase introduced by the BDA. They assert that the hike is not justified and imposes an undue financial strain on individuals updating property ownership records without any meaningful additional service or benefit. A common complaint is that the BDA charges the same fee for transferring khata to a dependent’s name after the original owner’s death as it does for standard sale transactions. Owners have…