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

Odisha Registers 7,037 Flats in Three Years: Revenue Minister

Representative image BHUBANESWAR: The revenue and disaster management department has recorded 7,037 flat registrations across Odisha over the past three years. This initiative has enhanced legal ownership for buyers and improved the government’s land records system, according to a recent assembly statement. During the 2024 financial year, a peak of 4,712 flats were registered. However, this number fell sharply to only 593 in 2025, as noted by Revenue Minister Suresh Pujari in his written response to the assembly. Data indicates that 1,732 flats were registered in 2023, followed by a significant increase in 2024, largely due to greater compliance and…

Latest StoriesResidential

Noida Becomes Luxury Realty Hub as Corporates Move In

Representative AI image NEW DELHI: Noida is evolving from an affordable housing market to a premium and luxury real estate hub, a position previously held exclusively by Gurugram in the Delhi NCR region. With the launch of a new international airport, property developers aim to attract corporate clients by offering high-end residences priced up to ₹40 crore, in collaboration with leading hospitality firms. M3M, Max, Gulshan, and County Group are introducing luxury residences in Noida, with average prices ranging from ₹25,000 to ₹35,000 per sq ft. “Noida is swiftly becoming a premium and luxury real estate destination, marking a significant…

Latest StoriesResidential

Shreya Ghoshal’s Parents Buy Mumbai Home for ₹29.70 Crore

NEW DELHI: Shreya Ghoshal, accompanied by her parents, Shamishtha and Biswajit Ghoshal, has acquired an apartment in Godrej Trilogy, Worli, Mumbai, at a cost of ₹29.70 crore. This residence boasts a carpet area of 2,430.06 sq ft (225.76 sq meters) and a total area of 2,750.28 sq ft (255.51 sq meters). Included are three car parking spaces. The transaction involved a stamp duty of ₹1.78 crore and registration fees of ₹30,000, as per property registration documents from Square Yards on the Inspector General of Registration (IGR) website. The registration of the transaction took place in April 2026. Published On Apr…

Latest StoriesResidential

No Extra Charge for PNG Connections: Green Gas

Representative Image LUCKNOW: Green Gas Limited (GGL) has confirmed that there are no additional fees for piped natural gas (PNG) connections other than the standard charge of Rs 6,000. This statement comes after residents of Sushant Golf City, Ansal API brought their concerns to the attention of the district administration. Residents had claimed that the developer had been charging extra fees—Rs 2,950 since April 2023, and previously up to Rs 8,999—citing a memorandum of understanding (MoU) with GGL. Mohan Lal Sahu, president of the resident welfare association for Sushant Golf City, Ansal API, stated, “These charges were illegal and were…

Latest StoriesResidential

CSMC to Verify Documents for Govt Housing in Chhatrapati Sambhajinagar

CHHATRAPATI SAMBHAJINAGAR: The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) has announced a document verification exercise set to begin on April 7 for applicants of the Ramai Awas Yojana— a government initiative aimed at providing permanent housing for individuals and families from Scheduled Castes and Neo-Buddhist communities. Officials from CSMC have stated that 8,442 beneficiaries within the municipal limits have applied for the scheme. They plan to verify around 2,000 applications each day until April 10. The rollout of the scheme has faced scrutiny due to allegations of ineligible beneficiaries. Former city MP Imtiaz Jaleel raised concerns about a potential scam, asserting…

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YEIDA Unveils 950+ Housing Plots Post Noida Airport Launch

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to launch a residential scheme near Noida International Airport (NIA) on Monday, offering 973 plots. Officials announced that 17.5% of the plots will be allocated to farmers whose land has been acquired for the development of the Yamuna area and the airport. Additionally, 5% will be reserved for businessmen with functional industrial units in the Authority area. The land rate is set at Rs 36,260 per square meter, and plots, located in sectors 15-C, 18, and 24, will be allocated via a draw. The project launches shortly…

Latest StoriesResidential

Gujarat Property Registrations Fall to 1,610 in FY26

AHMEDABAD: According to data from GujRERA, Gujarat’s real estate sector saw new project registrations dip to 1,610, the lowest level since the pandemic-affected fiscal year 2021. Experts attribute this decline to a combination of market saturation from recent developments and a more cautious approach by developers, following nearly four years of robust post-pandemic demand. Ahmedabad accounted for 506 of these new registrations. The robust demand observed in urban centers, particularly as homebuyers sought upgraded lifestyles, has slowed. Since FY 2021, annual project registrations have consistently exceeded 1,700, but FY 2026 marked a decline of approximately 211 projects compared to the…

Latest StoriesResidential

Supreme Court revives stalled Supertech Supernova project in Noida

NEW DELHI: An Empowered Committee (EC) formed by the Supreme Court has initiated actions to revive the long-delayed Supernova Project in Noida. This includes measures such as a forensic audit, homebuyer verification drives, and plans to select a new developer for the esteemed mixed-use development. Established following a Supreme Court ruling on December 16, 2025, the Committee commenced its operations in the last week of December 2025 and has taken control of Supertech Realtors Pvt. Ltd., the corporate entity in question. The Supernova Project notably features the iconic Spira Tower, envisioned to be among the tallest buildings in India. Justice…

Latest StoriesResidential

Prayagraj Offers Tax Rebate Only for Resident Homeowners

PRAYAGRAJ: The Prayagraj Municipal Corporation (PMC) has announced that property tax exemptions will be available only to owners of self-occupied residential buildings occupied by their families. Properties that are rented out or generate income in any other way will not qualify for this exemption. PMC intends to begin verifying applications from eligible property owners within this month. According to PMC Chief Tax Assessment Officer Sanjay Mamgai, property tax exemptions have traditionally been available for self-occupied properties older than 20 years. Property owners must submit applications, followed by on-site inspections by municipal teams to verify claims. Mamgai noted that the municipality…

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MoU to Provide Energy-Efficient Appliances to 500K PMAY Homes in AP

VISAKHAPATNAM: Marking a significant milestone in energy efficiency under the Pradhan Mantri Awas Yojana (PMAY), the Andhra Pradesh State Housing Corporation Limited (APSHCL) has partnered with EESL and AP SEEDCO to create a tripartite MoU aimed at providing energy-efficient, star-rated appliances to five lakh beneficiaries during the first phase. The MoU was initially signed at India Energy Week (IEW) 2026 in Goa and was formally exchanged on Monday in Naidupeta, attended by Andhra Pradesh Chief Minister N Chandrababu Naidu, Housing Minister K Parthasarathy, and Municipal and Urban Development Minister K Narayana. Senior officials, including Special Chief Secretary (Housing) Ajay Jain,…