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

Minister hands land documents to 120 Ernakulam families

KOCHI: M B Rajesh, the local self-government minister, emphasized that self-governing bodies should initiate projects that fulfill the aspirations of families. His remarks came during the inauguration of land document distribution for 120 landless families, part of the Ernakulam district panchayat’s annual plan for 2025-26 under the LIFE project, held on Monday. The various initiatives implemented by the district panchayat are greatly beneficial to the community. The decision to procure land for the landless is a promising step. The minister also noted that this initiative would reinforce the LIFE project. During the event, outgoing district collector NSK Umesh, who is…

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Nimbus Group to invest ₹1,100 Crore in Noida housing revival

NEW DELHI: Nimbus Group plans to invest ₹1,100 crore in the development of Arista Luxe Phase II, a residential project in Sector 168, Noida. This 10-acre project, which was previously stalled, is being revived under the Legacy Stalled Projects Scheme with formal approvals from the New Okhla Industrial Development Authority (NOIDA). The initiative is being executed through a joint development agreement (JDA), with Nimbus participating as a co-developer. Arista Luxe Phase II will feature 342 apartments distributed across Towers 5, 7, 8, and 9, in addition to the completion of the clubhouse and communal areas. The project aims for completion…

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GDA May File FIR Over 134 Extra Flats in Ghaziabad Society

GHAZIABAD: The GDA is set to take action against current and former officials who permitted a private developer to construct and sell 134 additional flats beyond the approved 400 units at Express Garden society in Indirapuram’s Vaibhav Khand back in 2005. A GDA panel, established under the direction of the Allahabad High Court, is expected to present its findings to the Authority’s additional secretary later this week. The high court is scheduled to review the case in September. Officials familiar with the committee’s recommendations noted that it has suggested filing an FIR against the architect, the developer, and the GDA…

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Minister Unveils Dedicated Township for Mysuru’s Ambedkar Layout

MYSURU: On Sunday, Social Welfare Minister and Mysuru District Minister HC Mahadevappa announced plans to identify 20 acres for a dedicated housing township in Ambedkar Layout, Ashokapuram, to address residents’ housing issues. During the celebration of BR Ambedkar’s birth anniversary at Ambedkar Bhavan, located on Ashokapuram’s 13th Cross, he pointed out the challenges faced by the working-class population due to rising population numbers. The minister expressed that they are currently in discussions with the tahsildar and officials from the Mysuru Development Authority (MDA) to pinpoint suitable land either within or on the outskirts of the city. He reaffirmed Chief Minister…

Latest StoriesResidential

Minister Unveils Dedicated Township for Ambedkar Layout in Mysuru

MYSURU: On Sunday, Social Welfare Minister and Mysuru District Minister HC Mahadevappa announced plans to allocate 20 acres for a new township dedicated to the residents of Ambedkar Layout in Ashokapuram, aimed at resolving their housing difficulties. While speaking at the BR Ambedkar birth anniversary celebration at Ambedkar Bhavan on Ashokapuram’s 13th Cross, he pointed out the challenges faced by the working-class population due to increasing demographic pressures. The minister confirmed that discussions are ongoing with the tahsildar and Mysuru Development Authority (MDA) officials to identify suitable land options either within or on the city’s periphery. He underscored Chief Minister…

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No Haryana family will be homeless, says CM

File Photo CHANDIGARH – Chief Minister Nayab Singh Saini declared on Monday that no impoverished family in Haryana would be left without shelter. He presented ownership certificates under the Mukhyamantri Shehri Awas Yojana and plot allotment letters under the Mukhyamantri Gramin Awas Yojana 2.0 to numerous beneficiaries. During a state-level event in Panchkula, Saini reiterated the government’s commitment to ensuring that every disadvantaged family in Haryana has a home, emphasizing the dedication to inclusive development. He announced that 1,144 beneficiaries in Sector-23, Jagadhri received ownership certificates under the Mukhyamantri Shehri Awas Yojana. Additionally, 3,884 rural beneficiaries across 58 villages received…

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Aamir Khan Rents Four Apartments in Mumbai’s Pali Hill

Bollywood superstar Aamir Khan has signed a rental contract for four luxury apartments across two floors in a residential tower located in Mumbai’s upscale Pali Hill neighborhood. The agreements amount to a monthly rent of ₹24.5 lakh, with a total security deposit of ₹1.47 crore. The leave-and-license contracts were registered on May 20, 2025, with a five-year tenure from May 15, 2025, to May 14, 2030, and a lock-in period of 45 months for both parties. Each agreement will see an annual rent increase of 5%. According to documents obtained via Zapkey.com, each of the two floors commands a rent…

Latest StoriesResidential

Anand Automotive Purchases Delhi Bungalow for ₹195 Crore

Representative image created by AI Auto component manufacturer Anand Automotive has acquired a 1,550 square yard bungalow in the prestigious Kautilya Marg area of New Delhi for ₹195 crore, marking one of the highest-value property transactions this year. The total transaction, including ₹13.65 crore for stamp duty, amounts to nearly ₹210 crore. The Anand Group did not respond to an email inquiry, and CBRE, the transaction advisor, was unavailable for comment. Experts indicate that Kautilya Marg is favored by high-net-worth individuals due to fewer construction restrictions compared to Lutyens Delhi. In recent transactions, Anurag Jain, managing director of Endurance Technologies,…

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Angel One Founder’s Son Sells Mumbai Apartment for ₹52 Crore

Vinay Thakkar, part of the family of Dinesh Thakkar—the founder of Angel One, a well-known stockbroking and wealth management firm—has sold a high-end apartment in Andheri West, Mumbai, for Rs 52.48 crore. This 25th-floor apartment, boasting a RERA carpet area of 3,891 sq ft and an additional 409 sq ft of balcony space, is valued at an effective carpet area rate of Rs 1.4 lakh per sq ft. This positions it as one of the priciest residential transactions on a per sq ft basis. The sale, recorded on June 20, includes four exclusive car parking slots for the buyer, as…