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

People’s Education Society Acquires Bengaluru Properties for ₹110 Crore

The People’s Education Society (PES), the organization behind PES University, has acquired two independent houses in the Sadashivanagar region of Bengaluru for a total of Rs 110 crore. Analysts indicate that these transactions highlight the ongoing demand from institutions and high-net-worth individuals in the city’s premium micro markets. On April 1, PES, represented by COO Ajoy Kumar, purchased a 9,840 sq ft independent house for Rs 55.5 crore from Woodkraft India. Previously, on January 22, the society, with representation from PES University Chancellor Jawahar Doreswamy, bought an adjacent house with a built-up area of 5,575 sq ft on the same…

Latest StoriesResidential

Lucknow’s Q1 FY26 House Tax Exceeds 300,000

LUCKNOW: In the first quarter of 2025–26, over three lakh property owners in Lucknow settled their house taxes. Meanwhile, more than four lakh have yet to fulfill this obligation, as reported by the Lucknow Municipal Corporation (LMC) on Monday. As part of the new system, a 10% rebate is available only to individuals who process both house tax and user charges online by July 31. Of the 7,33,521 registered properties in the city, 3,00,208 homeowners cleared their dues between April and June, leaving 4,33,313 properties still pending for tax payment. The total revenue collected to date is Rs 2,02.4 crore.…

Latest StoriesResidential

Thiruvananthapuram Tops State in Home Registrations

THIRUVANANTHAPURAM: In a significant boost to the capital’s real estate sector, Thiruvananthapuram has taken the lead in residential project registrations under the Kerala Real Estate Regulatory Authority (K-RERA) for the first half of the year. From January 1 to June 30, the state capital recorded an impressive 1,068 residential units—marking the highest in the state and the only district to exceed the 1,000-unit milestone. The latest data, released by the state government via the K-RERA website on Monday, shows Thiruvananthapuram’s ongoing momentum in real estate development. Ernakulam followed with 887 units, while Kozhikode saw 632 units, signaling a robust urban…

Latest StoriesResidential

Jaipur to Hold Lottery for 3 Residential Schemes on July 2

JAIPUR: The Jaipur Development Authority (JDA) is set to conduct the lottery for allotting plots in three residential schemes—Ganga Vihar, Yamuna Vihar, and Saraswati Vihar—on Wednesday. This marks the first time JDA will live stream the entire lottery process. According to JDA commissioner Anandhi, “The event will take place at the Citizen Service Centre of JDA headquarters. We will stream the entire lottery live on JDA’s YouTube channel and Facebook page.” JDA has received more than 82,000 applications for a total of 765 plots across these three schemes. Published On Jul 2, 2025 at 09:29 AM IST Join our community…

Latest StoriesResidential

Over 75% of Dharavi Tenement Holders Eligible for New Homes

MUMBAI: The Dharavi Redevelopment Project (DRP) has unveiled its first eligibility list, revealing that over 75% of tenement holders qualify for new homes under this ambitious slum redevelopment initiative, according to DRP data. Residents who moved to Dharavi before January 1, 2000, can qualify for a 350 sq ft flat within the area, assuming they provide the necessary documentation. Residents who established residence between January 1, 2000, and January 1, 2011, may be offered 300 sq ft units at alternative locations outside Dharavi. The first list identifies 505 households from Meghwadi and Ganesh Nagar in Mahim as eligible for rehabilitation.…

Latest StoriesResidential

Vadodara: Akota Slum Residents Vacate Plot After 15 Years

VADODARA: In a commendable act of civic responsibility, residents of a Vadodara Municipal Corporation (VMC) plot in the Akota area have voluntarily cleared the land and allowed the civic body to demolish their homes, honoring a promise made 15 years ago. The residents, previously from the Pir Vasahat slum settlement in Akota, were asked to vacate in 2010 to facilitate the Akota-Dandia Bazaar Road development. While the VMC offered housing in Pratapnagar, many were hesitant to relocate due to the distance from their workplaces. “We had proposed finding a nearby plot in Akota for housing, but no scheme was available…