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

Lloyds’ Promoter Family Buys Altamount Road Apartments for ₹227 Cr

Ravi Agarwal, a member of the Lloyds Group promoters, along with his family, has purchased six luxurious sea-view apartments, including a seven-bedroom duplex, in the Kalpataru Prive tower on Altamount Road in South Mumbai for over ₹227 crore. The family has acquired approximately 18,000 sq ft of space, spanning the 18th to 23rd floors of this under-construction premium tower, which is valued at ₹1.27 lakh per sq ft. This transaction ranks among the most expensive and largest residential deals in India this year. The buyers incurred a stamp duty of nearly ₹13.29 crore for the registration of these transactions that…

Latest StoriesResidential

Rent Compensation for Residents to Be Finalized by Month-End

NEW DELHI: The Resident Welfare Association (RWA) of Signature View Apartments in Mukherjee Nagar announced on Thursday that the Delhi Development Authority (DDA) has guaranteed that rent compensation for all residents will be disbursed by the end of this month. The DDA issued an e-tender in March to demolish the Signature View Apartments, which consists of a 336-flat complex declared structurally unsafe. Developed in the mid-2000s under a DDA housing scheme, the apartments have suffered significant structural deterioration, including serious cracks in walls and ceilings, raising safety alarms. Amrendra Singh Rakesh, president of the RWA, informed PTI that residents have…

Latest StoriesResidential

Over 26,000 Amrapali flats ready; 8,000 by Sept 2025

NOIDA: National Buildings Construction Corporation (NBCC) has announced that it will complete the construction of 8,000 flats in the halted projects of Amrapali Group by September 2025. This marks a delay of six months from the original deadline of March, due to delays caused by GRAP restrictions and funding issues. Of the 37,000 units NBCC was tasked with completing under a Supreme Court-appointed receiver, 26,800 flats have already been constructed. The final set of stalled projects, Adarsh Awas Yojna, is now expected to be ready by March 2026. As of now, approximately 13,300 homebuyers have taken possession of their flats.…

Latest StoriesResidential

Delhi MCD Requests Police Help to Evacuate Signature View Apartments

NEW DELHI: Following recent directives from the Delhi Development Authority (DDA) and the Delhi High Court, the Municipal Corporation of Delhi (MCD) has reached out to Delhi Police to assist in evacuating 336 flats at Signature View Apartments, requesting urgent action. However, a senior police official indicated that no notification had been received so far. After an assessment by IIT Delhi in 2022, the MCD had declared the apartment complex unsafe in 2023. In December 2024, the High Court confirmed the buildings were uninhabitable, mandating their demolition and reconstruction, and ordered immediate evacuation. DDA recently announced that July 31 is…

Latest StoriesResidential

Salman Khan Sells Mumbai Apartment for ₹5.35 Crore

NEW DELHI: Salman Khan has sold an apartment in Shiv Asthan Heights, Bandra West, Mumbai, for ₹5.35 crore. The apartment features a built-up area of 1,318 sq ft (122.45 sq meters) and comes with three car parking spaces. The transaction incurred a stamp duty of ₹32.01 lakh and registration charges of ₹30,000, based on the Inspector General of Registration (IGR) documents reviewed by Square Yards. The deal was officially registered in July 2025. Published On Jul 16, 2025 at 03:59 PM IST Join a community of over 2M industry professionals. Subscribe to our newsletter for the latest insights & analysis…

Latest StoriesResidential

Shapoorji Pallonji Plans Residential Project in Bavdhan, Pune

NEW DELHI: Shapoorji Pallonji Real Estate (SPRE) has unveiled its latest residential project, Vanaha Verdant, located within the expansive 1,000-acre integrated township of Vanaha, close to Bavdhan, Pune. The new development spans five acres and will provide around 10 lakh sq ft of saleable area, with a projected revenue potential of ₹800 crore. To date, SPRE has successfully sold over 2,000 apartments valued at ₹1,800 crore across its mid-segment (Yahavi and Springs) and premium offerings (Golfland phase 1 & 2) within the township. Published On Jul 16, 2025 at 11:30 AM IST Join over 2 million industry professionals. Subscribe to…

Latest StoriesResidential

Maharashtra Property Registrations Steady Amid RR Rate Hike

PUNE: Property registrations in Maharashtra have remained consistent, with an average of 3.7 lakh registrations monthly during the first quarter of this financial year, despite the ready reckoner (RR) rate increase implemented on April 1. Monthly revenue collections exceeded Rs 4,000 crore in both May and June. Officials attribute this stability to persistent demand, even with rising transaction costs due to adjusted property valuations. The RR rate hike, averaging 3.9% across various categories, raised concerns among developers and buyers about a potential decline in demand. However, the consistent registration figures indicate that the market has adapted well without notable disruptions.…

Latest StoriesResidential

Delhi body sets July deadline to vacate Signature View Apartments

Representative image created by AI NEW DELHI: The Delhi Development Authority (DDA) has set a deadline for occupants of Signature View Apartments to vacate their homes by the end of this month to expedite redevelopment work at the site. This decision was made in a meeting on Friday. An official stated, “Given the structural assessment by IIT that deemed the building unsafe and the court’s order for its demolition, we prioritized the quick evacuation of the complex. Senior officials from the Municipal Corporation of Delhi (MCD) were also involved in these discussions. MCD may issue evacuation notices to tenants as…

Latest StoriesResidential

Luxury Home Sales Soar 85% in H1 2025: Report

NEW DELHI: The luxury real estate sector in India experienced a remarkable growth spurt in the first half of 2025, with sales rising by 85% year-on-year, totaling nearly 7,000 units across the top seven cities, as highlighted in a joint report by CBRE South Asia and ASSOCHAM. This increase indicates a growing interest among high-net-worth individuals (HNIs), ultra-HNIs, and non-resident Indians (NRIs) in premium real estate, driven by macroeconomic stability and a stronger U.S. dollar. The Delhi-NCR market led the trend, accounting for 57% of total luxury sales, approximately 4,000 units, marking a threefold increase from the prior year. Mumbai…

Latest StoriesResidential

Lotus 300 AOA Questions Noida Authority on 228 Unregistered Flats

NOIDA: The apartment owners association (AOA) of Lotus 300, a condominium located in Sector 107, has issued a legal notice to the Noida Authority for allegedly ignoring Supreme Court orders related to the registration of flats. According to AOA officials, despite receiving occupancy (OC) and completion certificates (CC) for four towers with a total of 228 flats on April 22, the registration process has not progressed. The AOA has expressed concerns about initiating contempt proceedings to safeguard the rights of homebuyers. AOA president Bhuwan Chaturvedi stated that 25 flat owners from towers 3 to 6 had completed their purchases and…