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

Deadline to Apply for Ownership in Delhi’s Unauthorised Colonies: Oct 31

NEW DELHI: The Delhi government has set October 31 as the deadline for filing applications for conveyance deeds and authorization slips necessary for property registry in unauthorized colonies. Officials have stated that no new applications will be accepted after this date. Recently, the revenue department reported only about 2,000 applications from residents of 1,511 unauthorized colonies seeking these documents. A public notice issued on Wednesday indicated that under the PM-UDAY Scheme (Pradhan Mantri Unauthorised Colonies Awas Adhikar Yojana), the cut-off for application submissions is October 31, 2026. Conveyance deeds are granted for developed properties on government land, while authorization slips…

Latest StoriesResidential

NCR Housing Launches Dip 40% in Q2 2026; Sales Down 6%

NEW DELHI: In Q2 2026, the National Capital Region (NCR) saw housing sales surpass new launches, even as fresh supply sharply declined, as per Anarock Research. The quarter recorded 11,205 new residential launches, which is a 40% decline from 18,760 units in Q2 2025. Meanwhile, housing sales decreased by 6% year-on-year, totaling 13,365 units compared to 14,255 the previous year. Available inventory in NCR remained relatively stable at 89,086 units at the end of Q2 2026, slightly up from 89,005 units a year prior. Anarock noted that NCR was the only market among the top seven cities that maintained a…

Latest StoriesResidential

Mumbai property registrations up 6% to 80,221 in H1 2026

NEW DELHI: According to Knight Frank India, Mumbai, governed by the BMC, saw 80,221 property registrations in the first half of 2026, marking a 6% increase year-on-year. The total includes both primary and secondary market transactions, with stamp duty collections rising by 4% year-on-year to ₹6,968 crore. This performance marks the highest first-half results for property registrations and stamp duty collections since 2013. In June 2026, Mumbai is projected to have 13,302 property registrations, reflecting a 15% increase year-on-year, the highest for June in 14 years. The Maharashtra government anticipates ₹1,077 crore in stamp duty revenue for June 2026. Compared…

Latest StoriesResidential

Raipur: 77 Homes Demolished in Airport Anti-Encroachment Drive

Representative AI image RAIPUR: On Monday, authorities demolished 77 ‘illegal’ houses situated on government land near Raipur airport in Chhattisgarh, leading to protests from residents, including women who tried to block bulldozers. They argued that many of the structures were built under the PMAY scheme. The demolition was carried out by the revenue department, police, and Raipur Municipal Corporation in Sammanpur (Nakti) village within the Dharsinwa development block, a government official reported. The government land, approximately nine hectares, had allegedly been occupied illegally for an extended period, and the demolition was part of an anti-encroachment effort, according to an official…

Latest StoriesResidential

Telangana Housing Minister: 2BHK Homes for Musi Oustees

HYDERABAD: Telangana’s revenue and housing minister, Ponguleti Srinivas Reddy, has instructed officials to allocate 2 BHK homes to families displaced by the Musi rejuvenation project. He emphasized that the state government is committed to providing lawful compensation and necessary rehabilitation for those who relinquish their lands. Srinivas Reddy convened a review meeting regarding the Musi project’s rehabilitation and land acquisition in the Secretariat on Monday. “Our vision is to restore the Musi River as part of a broader ambition to elevate Hyderabad into a world-class city, transforming the river into a center for tourism, employment, and economic progress,” he noted.…

Latest StoriesResidential

Cyberabad’s Co-Living Spaces Experience Rapid Growth

HYDERABAD: As housing rentals rise consistently, the western corridor has become a popular area for co-living spaces, experiencing a tenfold growth in the past four years. According to the IT Corridor Hostels Association, Hyderabad saw its co-living facilities surge from about 20 during the pandemic to over 250 today. This increase is largely due to shifting accommodation preferences among young professionals, with over 90% located in key IT hubs like Gachibowli, Hitec City, Kondapur, Kukatpally, and Miyapur. Transitioning from PGs to co-living spaces Co-living spaces now constitute nearly 5% of around 4,500 hostels serving both men and women in the…

Latest StoriesResidential

Fire Exposes Dangers of Life in Unfinished Societies

Representative AI image NOIDA: A fire erupted on the 21st floor of Tower 4 at Aranya Society in Sector 119 on Monday, highlighting the risks faced by numerous homebuyers residing in incomplete, insolvency-afflicted housing projects throughout Noida. This incident has reignited calls for mandatory fire safety audits and greater accountability regarding stalled developments. Aranya is among over 60 such projects in Noida where residents were compelled to occupy units before completion—not out of choice, but due to financial constraints that prevent them from paying both rent and home loan EMIs. The society, comprising nearly 2,500 units, has been under Corporate…

Latest StoriesResidential

Ghaziabad: RWAs Cite Cost, Poor Support, Old Infra Post Fire Safety Push

GHAZIABAD: In response to the Ghaziabad administration’s directive to Resident Welfare Associations (RWAs) and Apartment Owners Associations (AOAs) to enhance fire safety protocols, resident bodies have raised significant concerns regarding compliance. Major obstacles include high costs for maintaining firefighting systems, aging electrical infrastructure, the need for regular audits and drills, and ensuring that emergency exits are clear of obstructions. During a review meeting earlier this month, officials instructed RWAs to hire two trained firefighters for each residential society to work 12-hour shifts. They also mandated regular inspections and maintenance of fire water pipelines to ensure an adequate emergency supply and…

Latest StoriesResidential

Protests Erupt in LDA Colony Over 60-Shop Vending Zone

LUCKNOW: On Sunday, residents of LDA Colony in Aashiana staged a protest against the Lucknow Municipal Corporation’s plans for a vending zone along the footpath adjacent to Gautam Buddha Park’s boundary wall. They argue that the ongoing construction violates planning regulations and is turning into a permanent structure. A significant crowd gathered near the park, calling for an immediate halt to the work. Protesters indicated that the civic authorities had previously suspended the project due to local objections, but construction resumed shortly thereafter. “What the LMC claims to be a temporary structure is clearly not. They are building brick walls,…

Latest StoriesResidential

Hyderabad Homebuyers in Limbo as 60,000 Flats Miss Deadline

Representative Image HYDERABAD: A significant number of homebuyers in Hyderabad face further delays in receiving their long-awaited homes, with deliveries pushed back by at least one more year due to disruptions in supply chains and logistics resulting from ongoing conflicts in the Middle East. According to Anarock Group, around 63,000 housing units planned for handover this year have been delayed, representing nearly 10% of the nation’s backlog in housing deliveries. Many buyers, who invested in their apartments four to five years ago, had expected to move in by late 2025 or early 2026. However, developers are now citing delays due…