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

300+ Defaulters Risk Losing Lucknow Development Flats

LUCKNOW: The Lucknow Development Authority (LDA) is set to cancel the allotments of 338 defaulters from various housing schemes due to their failure to pay the full amount for their flats. Some allottees have contributed as little as 40%. Final notices are being issued, followed by the revocation of these allotments. The vacated units will be offered for sale through a ‘first come, first served’ method and an e-auction. Preparations are also in progress to open registration for 72 under-construction EWS (Economically Weaker Section) flats in Dalibagh. Constructed at a cost of Rs 5.5 crore on a 2,314 sq metre…

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Delhi: DUSIB to Remove Encroachments, Build Housing for Slum Dwellers

NEW DELHI: The Delhi Urban Shelter Improvement Board (DUSIB) is exploring various strategies to provide housing for the city’s slum dwellers. To this end, they will conduct a survey of the land they oversee and detect any encroachments. In a recent meeting, the DUSIB CEO instructed officials to map jhuggi jhopri clusters located on the agency’s properties and determine the extent of encroachment by each cluster, along with the number of families residing there. DUSIB engineers have been directed to deliver the report as soon as possible. An official noted that the current government has issued stringent guidelines to all…

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Gurugram: ROF Alante Residents Protest Poor Infrastructure

GURUGRAM: Tensions rose in Sector 44 as residents of the ROF Alante Society in Sector 108 protested outside the builder’s office, with police present, demanding essential infrastructure and an investigation into the project’s approval on Saturday afternoon. The residents raised concerns about the builder receiving a license and occupancy certificate (OC) without proper road access to the site. “The project was developed under Haryana’s affordable housing scheme, yet the developer has not provided necessary infrastructure, including a permanent 24-meter access road,” said resident Shivani Thusoo. Protesters were reportedly stopped by security at the builder’s office. Police soon arrived and spoke…

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Chandigarh’s Housing Crisis: Running Out of Space and Time

Representative image created by AI CHANDIGARH: Once designed as a vibrant city of gardens and geometric elegance, Chandigarh now faces a significant challenge — a housing crisis. With only 600 acres remaining for residential development within a 28,170-acre master plan, the aspiration of homeownership in this architectural landmark is becoming increasingly unattainable. The last public housing scheme was initiated in 2016, and since then, the city’s skyline has remained relatively unchanged, despite its population having surged to over 1.3 million, nearly three times its planned capacity. Now, even the limited land available is being designated for government housing, with plans…

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2,000 Ashiana Flats in Panchkula to Get Makeover

Representative image created by AI PANCHKULA: The much-anticipated renovation of 2,072 Ashiana flats in Panchkula is finally commencing, offering hope to residents who have dealt with subpar living conditions for years. Originally constructed by HSVP to house below-poverty-line (BPL) families, the buildings have deteriorated over time, suffering from structural damage, crumbling walls, and overgrown parks and pathways. HSVP has allocated funding for the renovation, which the municipal corporation (MC) will supplement with external civic enhancements to rejuvenate the housing complexes. Two major renovation projects have been approved by HSVP. The first project, estimated at Rs 1.88 crore, will refurbish 960…

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Telangana to Sell Long-Vacant Rajiv Swagruha Flats for ₹1,000 Cr

Representative image created by AI HYDERABAD: With the real estate market in and around the city gaining momentum, the state government has put Rajiv Swagruha Corporation flats in Bandlaguda, Pocharam, and Gajularamaram townships up for sale, with expectations of raising over ₹1,000 crore. A total of 159 flats in Sahabhavana township (Bandlaguda), 601 in Sadbhavana township (Pocharam), and 418 flats in 9- to 14-storey towers—located in the Medchal-Malkajgiri district—are now available for purchase. Interested buyers must submit applications, and allotments will be decided by a draw scheduled for July 30, August 1, 2, and 20, if there are multiple bids…

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VMRDA Greenlights 50-Storey Towers in Visakhapatnam

AI-generated Representative Image VISAKHAPATNAM: The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has approved an ambitious residential apartment project in Visakhapatnam. This is a notable first for any urban development authority in Andhra Pradesh in recent years. VMRDA plans to develop a 4.07-acre site near Pebble Towers in Madhurawada, with a residential complex featuring six 50-storey towers. Pricing details have yet to be finalized. The project will include 3 BHK, 4 BHK, and 4 BHK duplex apartments, along with amenities such as a clubhouse, jogging and cycling tracks, a swimming pool with deck, a children’s play area, and more, comparable to…

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Karnataka Housing Board to Acquire 315 Acres Near Kengeri

AI-generated Representative Image BENGALURU: Taking a significant step toward the aspirations of countless urban poor and middle-class families, the Karnataka Housing Board (KHB) has announced the acquisition of 315 acres in BM Kaval village, close to Kengeri. This expansive residential initiative, designed to provide housing and plots for the disenfranchised, was initiated with a preliminary notification released in late June. BM Kaval, located off Mysuru Road and well-connected via NICE Road and the extended Purple Line of Namma Metro, has long been seen as an area rich in urban potential. This housing project is poised to establish the region as…

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Study: 2.6 Lakh Hyderabad Homes at Fire Risk

Representative image created by AI A recent study has revealed that 1.3 million residents across 260,000 households in Hyderabad are at a significantly high risk of fire accidents. This report, titled ‘Hotspot Analysis of Structure Fires in Urban Agglomerations: A Case Study of Hyderabad,’ comes during a time of rising incidents of fire in both residential and commercial sectors. Conducted by geography professors from Osmania University and Nizam College, along with the Institute for Excellence in Higher Education in Bhopal, it was published in the Asian Journal of Geographical Research. The research highlights that densely populated areas with a mix…

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Yashwant Singh Purchases ₹100 Crore Bungalow in South Delhi

AI-generated Representative Image Yashwant Singh, a member of a royal family in Rajasthan, has acquired an 867-square-meter bungalow in South Delhi’s Golf Links for ₹100 crore. He paid ₹7 crore in stamp duty and corporation tax, according to documents from CRE Matrix, a real estate data analytics firm. The property was sold by Anu Jindal, a resident of DLF The Camellias. Jindal’s husband, Jai P. Jindal, who leads an art glass business, confirmed the sale, stating they intend to relocate to The Camellias. According to Jindal, the buyer belongs to a royal lineage from Alwar and also owns a bungalow…