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

Malaika Arora Khan Rents Out Mumbai Apartment for ₹1.17 Crore

File photo NEW DELHI: Malaika Arora Khan has rented an apartment in the Vida building, Bandra West, Mumbai, starting at ₹3.10 lakh per month. The transaction was recorded with a stamp duty of ₹30,819, registration charges of ₹1,000, and a security deposit of ₹20 lakh, as per property registration documents reviewed by Square Yards from the Inspector General of Registration (IGR) website. The lease agreement was officially registered in March 2026. According to an analysis by Square Yards, the lease term is for 36 months. The initial monthly rent of ₹3.10 lakh is set for the first year, increasing by…

Latest StoriesResidential

Download Allotment Letters from Lucknow Development Website

LUCKNOW: The Lucknow Development Authority (LDA) is urging allottees to download their allotment letters from its official website and complete the necessary formalities within a three-month timeframe. Failure to do so will result in automatic cancellation of the allotment without prior notice. This directive was issued by LDA vice-chairperson Prathamesh Kumar. This initiative aims to enhance transparency in the allotment process and minimize procedural delays. Previously, allotment letters for residential and commercial properties allocated through various schemes, including lotteries, e-auctions, and first-come-first-served methods, were sent via registered post. Officials noted that delays often compelled allottees to visit LDA offices for…

Latest StoriesResidential

Thane: 11 Cheated in Fake Housing Scheme; Credentials Misused

THANE: In Maharashtra’s Thane district, fraudsters reportedly deceived 11 residents by enticing them with low-cost housing options under a government scheme. They allegedly forged credentials to open bank accounts for larger financial transactions, according to police reports released on Monday. A 54-year-old woman from Ulhasnagar, who filed the complaint, claimed that the suspects built her trust by offering a house at a discounted price under the Maharashtra Housing and Area Development Authority (MHADA) scheme. The perpetrators attracted victims by presenting MHADA flats at economical rates and collected funds over the past two years. They misappropriated personal information to acquire SIM…

Latest StoriesResidential

Chhattisgarh Tops in Rural Housing with 600,000 Homes Built FY26

RAIPUR: Chhattisgarh has achieved a remarkable milestone in rural housing by constructing over six lakh houses in the financial year 2025-26, the highest in India, announced a state government official on Monday. This accomplishment highlights a strategic emphasis on efficient delivery, with well-coordinated schemes ensuring housing support reaches eligible families promptly. Thanks to the leadership of Chief Minister Vishnu Deo Sai and Deputy Chief Minister Vijay Sharma, progress has been accelerated by the effective implementation of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), PM JANMAN Yojana, and Mukhyamantri Awas Yojana. These strategic alignments have expedited project execution and broadened coverage. “In…

Latest StoriesResidential

Lulu Group buys Sunder Nagar bungalow in Delhi for ₹89.5 crore

NEW DELHI: Fair Exports (India) Pvt Ltd, a subsidiary of Lulu Group International and exporter of meat, fruits, and vegetables, has purchased a bungalow in Delhi’s Sunder Nagar for Rs 89.5 crore, according to official documents. Najimudeen Ebrahimkutty, Chief Executive Officer (CEO) of Fair Exports, was involved in the transaction. The company also paid Rs 6.26 crore in stamp duty for this deal. “The seller, Kuldeep Singh Lamba, is currently living abroad, which delayed the documentation process. Lulu Group has been searching for residential property in Lutyens Delhi for quite some time,” shared a source familiar with the transaction. Sunder…

Latest StoriesResidential

Crisil: FY27 Housing Sales Growth to Slow to 4-6% Amid High Prices

NEW DELHI: Crisil Ratings predicts that residential real estate sales growth will moderate to 4–6% in FY27, following a robust post-pandemic surge, as rising property prices affect demand. After achieving a compound annual growth rate of 26% in sales value from FY22 to FY25, growth is projected to slow to 5-7% for FY26. Gautam Shahi, director at Crisil, remarked, “The ongoing rise in housing prices is likely to lead to stagnant demand growth of 0–2% in FY27, despite supply continuing to outpace demand.” Inventory levels are anticipated to increase to 3.2–3.4 years in FY27, compared to under three years in…

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Mumbai: Apply Today for 2,640 MHADA Flats; Draw on May 15

Representative Image MUMBAI: MHADA’s Mumbai Board has announced a lottery for the sale of 2,640 apartments in the city. The application process begins today, March 30, with the lottery draw scheduled for 11:00 AM on May 15. The apartments are located in several areas, including Kannamwar Nagar in Vikhroli, Patra Chawl in Goregaon, Old Magathane in Borivali, Gorai Borivali, Subhash Nagar in Chembur, Gandhi Nagar in Bandra, Pant Nagar in Ghatkopar, Girgaum, Wadala, Kopri in Powai, Mazgaon, Tunga in Powai, Lokmanya Nagar in Dadar, Pahadi Goregaon, and Antop Hill Wadala. Of the total flats, 145 are available for the Economically…

Latest StoriesResidential

Housing Sales Fall 7% in Q1 2026 Amid Global Uncertainty

NEW DELHI: Housing sales in India’s top seven cities saw a sequential decline of 7% in the January-March quarter of 2026, influenced by global uncertainties. Nonetheless, demand remained robust year-on-year, according to Anarock Research. A total of 1,01,675 units valued at ₹1.51 lakh crore were sold in Q1 2026, compared to 1,08,970 units worth ₹1.60 lakh crore in the previous quarter. Year-on-year, sales increased by 9% from approximately 93,280 units sold in Q1 2025, while in value, sales dropped 5% quarter-on-quarter but climbed 6% year-on-year. Geopolitical tensions and rising input costs contributed to reduced buyer sentiment during this period, resulting…

Latest StoriesResidential

Pune Groups to Urge Police for FIRs Against Builders Violating Water Rules

PUNE: Citizen groups and housing federations in Pune and surrounding areas are planning to file FIRs against developers who have breached water supply affidavits when seeking building permits. The initiative seeks to hold builders accountable for failing to deliver the promised water infrastructure, which has left residents dependent on private tanker services. This decision emerged from a water supply review meeting on Friday, chaired by divisional commissioner Chandrakant Pulkundwar. The meeting was held following directives from the Bombay High Court (PIL 126/2023) aimed at tackling the escalating water crisis in the metropolitan region. Pune Municipal Corporation (PMC) officials confirmed that…

Latest StoriesResidential

Durg Leads PMAY-Gramin, Bijapur Remains Last

RAIPUR: Durg has maintained its lead in the latest performance report of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G). The district achieved an average performance score of 89.5% across four essential indicators, followed by Surajpur and Raipur in second and third places, respectively, retaining their prior standings. Durg’s collector, Abhijit Singh, stated that consistent efforts are key to the successful implementation of the scheme. Dhamtari has advanced to fourth place, moving ahead of Balod, which has fallen to fifth. Koriya district saw significant improvement, rising three ranks from 17th to 14th and achieving the highest sanction rate in the state at…