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

Mumbai: No Extra Fees for Rented Flats in Housing Societies

MUMBAI: The deputy registrar of co-operative societies has informed the Chaitanya Cooperative Housing Society in Pratiksha Nagar, Sion East, Mumbai, that it is prohibited from collecting any excess fees from members renting out their flats, except for non-occupancy charges. This ruling follows a complaint from a flat owner who alleged that the society was unlawfully charging Rs 5,000 as a building development fund. Abhijit Deshpande, deputy registrar of co-operative societies at Mhada Mumbai City, stated that it is inappropriate for the society to collect any funds under the guise of a development fund from members renting their flats. He ordered…

Latest StoriesResidential

Tenant Verification Soars in H1 2025

Representative image created by AI PANAJI: Goa police have intensified tenant verification drives, conducting 471 inspections in the first half of 2025, a significant increase from 236 in the whole of 2024. Authorities stated that while no crimes were uncovered during these drives, they played a crucial role in preventing criminal activities and enhancing public safety. A special initiative titled ‘Know Your Neighbour’ was launched to ensure tenants and servants completed and submitted their verification forms. A senior police officer mentioned that these verification forms are filled out and forwarded to the respective native police stations for thorough checks. “Homeowners…

Latest StoriesResidential

Noida: Strike by Guards, Housekeepers Locks Ecovillage-1 Gate

NOIDA: Approximately 250 housekeeping staff and security guards at Supertech Ecovillage-1 in Greater Noida West began a strike on Tuesday morning, leaving over 20,000 residents facing issues related to sanitation and safety. The protest commenced around 8 AM, driven by claims from workers that they had not received their salaries for two months from the outgoing maintenance agency, Gravity. Agitated workers blocked all three gates of the society at the start of the protest. While two gates were reopened after an hour, the main entry, Gate No. 1, remained closed until the afternoon, causing residents to take longer routes to…

Latest StoriesResidential

Maharashtra Minister: Don’t Demolish Unauthorized Homes This Ganesh

Here’s a rewritten version of the content: MUMBAI: Maharashtra Revenue Minister Chandrashekhar Bawankule has instructed officials to refrain from demolishing unauthorized homes or issuing notices to residents during the upcoming Ganesh festival, emphasizing that such measures should only occur post-festival. The ten-day Ganesh festival begins on August 27. Bawankule stated, “Demolitions should not occur during the festive period, and no notices should instill fear among citizens. Any necessary actions must wait until after the Ganesh festival.” Local residents in North Mumbai had appealed for a suspension of the ongoing demolition efforts by the Brihanmumbai Municipal Corporation (BMC) targeting unauthorized constructions.…

Latest StoriesResidential

Sukhpal Ahluwalia buys 11,000 sq ft flat in DLF’s Camellias for ₹100 crore

NEW DELHI: British entrepreneur Sukhpal Singh Ahluwalia has purchased an 11,416 sq ft apartment at The Camellias, DLF’s luxury residential development in Gurugram, for ₹100 crore, according to sources familiar with the transaction. Ahluwalia, who sold his business Euro Car Parts, now leads Dominvs Group, a real estate, hospitality, and asset management firm based in London. This represents the third ₹100-crore transaction within the upscale residential complex, which is home to several affluent residents. This trend highlights the ongoing post-pandemic demand for luxury housing in India. Previously, Info-x Software Technology Pvt Ltd, represented by its director Rishi Parti, acquired a…

Latest StoriesResidential

Prayagraj: 9,000 fraudsters claim ₹1.2L PMAY subsidies

PRAYAGRAJ: A total of over 9,000 individuals have fraudulently claimed Rs 1.20 lakh each under the Pradhan Mantri Awas Yojana, despite already owning homes. Investigations have revealed the misuse of funds designated for this scheme, prompting authorities to take action to recover the disbursed subsidies. Moreover, instances of pension fraud have emerged across multiple government schemes, resulting in a loss exceeding Rs 40 lakh due to fraudulent claims, deceased beneficiaries, and cases of unreported remarriages. Officials acknowledge that the lack of recovery mechanisms complicates enforcement, highlighting the urgent need for policy reforms and enhanced verification processes. Under the PMAY scheme,…

Latest StoriesResidential

Chandigarh: CHB to Survey Demand for Sector 54 Housing

CHANDIGARH: The Chandigarh Housing Board (CHB) is set to initiate a survey to assess the demand for its planned housing project in Sector 54. A senior official from UT stated, “In a few days, we will determine the provisional pricing for various categories of apartments. Following this, a demand survey will be conducted. The response will guide the final project plan, including the distribution of flats across different categories.” To estimate housing prices, CHB will consider land costs, aligned with collector rates, alongside construction expenses for each unit. Additionally, the project will allocate 15% of units for economically weaker section…

Latest StoriesResidential

Telangana CM to Handover Keys to Indiramma Beneficiaries Aug 21

HYDERABAD: Chief Minister A Revanth Reddy will officiate the key handover ceremony for Indiramma houses on August 21 (Thursday) at Bendalampadu village in Chandrugonda mandal, Bhadradri Kothagudem district. Housing Minister Ponguleti Srinivas Reddy hailed the event as historic, indicating that the CM will not only hand over keys but also perform the housewarming rituals for 27 houses in the village. Out of the 312 houses sanctioned in Bendalampadu, 72 have already been completed. Ponguleti conducted a review meeting on Monday concerning the preparations for the housewarming ceremonies, attended by CM Revanth. He alleged that the previous BRS government denied homes…

Latest StoriesResidential

Greater Noida Authority Lets Buyers’ Group Complete Sampada Livia

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) board has given in-principle approval to prolong map validity and grant permission to mortgage (PTM) to the SLB Welfare Association. This buyers’ group is now steering the long-delayed Sampada Livia housing project in Sector Chi-5, which has been stalled for a decade. This decision, made under the Legacy Stalled Real Estate Projects Policy introduced by the UP government in December 2023, offers crucial institutional support to a homebuyers’ association struggling with legal, financial, and regulatory challenges to complete their homes. It will allow financial institutions to provide loans to buyers and help…

Latest StoriesResidential

Karnataka Minister: 40,000 of 700K e-khata Apps Pending

MYSURU: Property owners can breathe easier as significant progress has been made on the e-khata issue. Urban Local Bodies (ULBs) are accelerating approvals and minimizing backlogs. In response to a question from Chidananda M Gowda in the legislative council last week, Municipal Administration Minister Rahim Khan disclosed that 700,899 e-khata applications have been submitted statewide. Out of these, 653,989 have already been approved, leaving 45,910 still pending. He noted that several ULBs have achieved a status of zero pending applications. In Mysuru district specifically, 14 ULBs processed 72,184 applications, with 62,277 approved. Additionally, 3,143 applications were rejected for various reasons,…