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

Delhi to Launch New Premium Housing Scheme Soon

Representative image created by AI NEW DELHI: The Delhi Development Authority (DDA) is set to unveil a premium housing scheme in 2025, featuring 177 residential flats across high, middle, and lower-income groups, as well as garages throughout the city. The flats will be available via e-auction in locations such as Vasant Kunj, Dwarka, Rohini, Pitampura, and Jasola, among others. “During a meeting chaired by Lieutenant Governor VK Saxena, the DDA approved the Premium Housing Scheme for 2025,” a DDA official stated. The e-auction will also include 67 car or scooter garages. The authority made two significant decisions: first, it has…

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Kerala: Stamp Duty Relief for Life Mission Beneficiaries

THIRUVANANTHAPURAM: The cabinet approved the tripartite agreement for the Wayanad Township project on Thursday and appointed S Suhas as the special officer for its execution. The cabinet also decided to waive registration and stamp duty charges for Life Mission beneficiaries acquiring land for housing, contingent upon certification from the district collector or designated officer. This exemption was similarly granted to nine flood-affected families who received homes built by the Muthoot Pappachan Foundation in Chittar village. A tribal taluk supply office will be established in Attapadi, Palakkad, with new posts, including taluk supply officer and rationing inspector, created, and staff reallocated…

Latest StoriesResidential

Chandigarh Housing Board Launches New Projects in Sector 54

CHANDIGARH: After nearly a decade of inactivity, the Chandigarh Housing Board (CHB) is finally addressing the housing demands of the city. As it gears up to introduce the Sector 53 self-financed housing scheme, plans are also underway for a new project in Sector 54. A senior UT official stated, “The CHB has been allocated approximately 32 acres in Sector 54. Recently, a meeting regarding land availability for various purposes took place under the UT administrator’s leadership, during which the Sector 54 land was discussed. Approval has been granted to proceed with the conceptualization and planning for public housing on this…

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Maharashtra CM to Inaugurate BDD Flats in Worli on July 21

Representative image created by AI MUMBAI: Chief Minister Devendra Fadnavis is set to distribute keys for the first batch of BDD flats in Worli on July 21, shortly after the conclusion of the legislative session. Plans for a function have been made where the CM will hand over several keys. Milind Borikar, Chief Officer of the Mumbai Board at Mhada, stated that 556 flats, each with a carpet area of 500 sq ft, will be allocated in this initial phase. “By the end of the year, we anticipate receiving 3,989 flats across three sites,” Borikar added. While preparing to hand…

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Ghaziabad Orders Residents to Demolish 172 Houses in 15 Days

GHAZIABAD: The Ghaziabad Development Authority (GDA) has issued demolition notices to 172 households in the Babu Jagjivan Ram Colony located in Rajendra Nagar. The GDA asserts that this colony occupies 2,864 sqm of land originally designated as a park around 50 years ago. Residents have been granted a 15-day period to demolish their homes, failing which the GDA will initiate demolition efforts. An official from the GDA indicated that a petition was filed with the National Green Tribunal (NGT) in 2023, bringing this issue to public attention. The original case is ongoing. “In 2024, a meeting, chaired by the then…

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Bhubaneswar Body Allows Housing Society to Cut Utilities for Dues

BHUBANESWAR: In a landmark decision, the Bhubaneswar Development Authority (BDA) has made history in Odisha by granting an order that empowers an association of residential project allottees. This ruling allows the association to disconnect vital services to units that fail to pay monthly maintenance charges consistently. The allottees’ association filed a complaint with the competent authority regarding the ongoing non-payment of shared expenses by certain flat owners. The BDA reviewed the case and ruled in favor of the association, referencing provisions from the Odisha Apartment (Ownership and Management) Act of 2023. In total, four homeowners out of approximately 160 in…

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YEIDA Draw for Sector 18 Residential Plots Set for July 11

Representative image created by AI NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to conduct a draw for its residential plot scheme in Sector 18 this Friday. Launched on April 21, the scheme offers 276 plots of 200 sqm each and has attracted over 54,000 applications during the month-long registration period. The draw will commence at 10 AM at India Expo Mart, overseen by a panel of three retired High Court judges to ensure transparency. OSD Shailendra Bhatia noted that arrangements are in place for approximately 2,000 attendees to watch the draw live. The entire event will be…

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Zomato Founder Purchases ₹52.3 Crore Apartment in Gurugram

NEW DELHI: Deepinder Goyal, the founder of Zomato, has purchased an expansive 11,000 sq ft apartment in Gurugram’s upscale DLF Camellias for Rs 52.3 crore, as reported by Zapkey. This purchase, made in August 2022 from DLF Ltd, has had its registration completed in March this year, according to the documentation reviewed by Zapkey. Goyal’s new residence boasts a super built-up area of 10,813 square feet and is located on Golf Course Road, DLF Phase-5. Market analysts estimate the current value of this property to be between Rs 125 crore and Rs 150 crore. Over the past three years, real…

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Lucknow: Anant Nagar Plan Registrations Start July 11

Representative image created by AI LUCKNOW: The LDA will commence registrations for 332 residential plots under its Anant Nagar Scheme on July 11. This is the second phase of the initiative, offering plots ranging from 112.5 to 450 square metres available for online applications. Allotment will be conducted through a transparent lottery system for registered applicants. The first phase saw participation from 13,000 individuals for 334 plots during April-May, with the lottery for those allotments held from June 10 to June 13 at the Indira Gandhi Pratishthan. The registration for this upcoming phase will be entirely online and open until…

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Over 13,200 Homes Approved for Chenchu Tribals in Telangana

Representative image created by AI HYDERABAD: The Indiramma housing scheme aims to provide not just shelter, but also dignity and security to impoverished and Chenchu tribal communities in Telangana, particularly benefiting women, who are the recipients of housing sanction letters, according to Revenue Minister Ponguleti Srinivas Reddy. During public meetings in the Atchampet and Kollapur assembly constituencies, where sanction letters were handed to 536 Chenchu tribal families, Ponguleti, along with Tourism Minister Jupally Krishna Rao, reaffirmed the government’s commitment to uplifting marginalized groups. He announced that a total of 13,266 Indiramma houses will be sanctioned to Chenchu tribals across the…